Thursday, 29 November 2012

LAGOS STATE GOVT. SEALS EIGHT FIRMS FOR TAX DEFAULT


The Lagos State Internal Revenue Service has sealed eight companies for failing to remit taxes amounting to N28. 3 million.

The Head of Distrain Unit of LIRS, Folasade Coker-Afolayan, told newsmen after the closure that the defaulting companies were shut for failing to remit personal income taxes of workers.
She said the tax liabilities of each of the companies were for between one to six years.

Mrs. Coker-Afolayan warned the sealed companies not to violate the laws by opening their premises and doing business as usual.
She said it would amount to criminal offence to do so.

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