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Lagos seals 5 companies

11 January 2013, 16:01

Lagos - The Lagos State Internal Revenue Service (LIRS) has sealed five companies in the last two days for refusing to remit over N25.2 million income tax.

A correspondent of the News Agency of Nigeria (NAN) covering the enforcement team reported on Friday that four of the companies were closed on Jan. 9, for failing to remit N23.3 million taxes.

The other company was sealed on Jan. 10, for illegally owing N1.97 million tax debt. Mrs Folasade Coker-Afolayan, the Head of Enforcement Unit of LIRS, told NAN that the companies defaulted in the remittance of the Personal Income Taxes of their workers. Coker-Afolayan, who led the team, said that the tax liabilities range from one to six years.

She said that payment of taxes was a civic responsibility of everyone. She added government needed the taxes to provide infrastructure for economic growth and improved standard of living.

``Tax payment is a civic responsibility of everyone because it enables government to provide adequate infrastructure for the people,” she said.

Coker-Afolayan urged taxpayers and companies to imbibe the habit of prompt payment of taxes for government to serve them better. She warned the sealed companies not to violate the laws by reopening their premises for business, reminding them it was a criminal offence.

However, the team leader advised the affected companies to produce evidence of their tax payment, if they had any. She also solicited for taxpayers' cooperation to enable the tax officers perform their duties effectively.

Coker-Afolayan warned that it was a criminal offence to assault them while on official duty.



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