The Nation Newspaper

Tag: tax default

  • Oyo govt seals 14 gaming centres for ‘tax default’

    The Oyo State government yesterday shut 14 gaming centres in Ibadan, the state capital, for alleged tax defaults.

    The government, through its Board of Internal Revenue (OYBIR), enforced the law regulating such outlets in the metropolis.

    The areas affected include Sango, Mokola, Iwo Road, Awolowo Way, New Bodija, Beere, Molete and Challenge.

    Some of the centres found culpable are: Collabobet, Surebet247, 1960bet, Jackpot Pools and Dollars Pools.

    Others are: Zeus Bet, Saint Victory, ocean Pools, Betnaija, Golden Chance, Winners Bet, Fortune Bet, Yangabet and Westcobet.

    OYBIR Chairman Bicci Alli said the board was concerned about ensuring that organisations and business interests operating in the state comply with the tax laws governing their operations.

    Addressing reporters yesterday, Alli said it was high time the residents developed the culture of paying their taxes to the state and federal authorities.

    He said: “Basically, what we are doing is not different from what we are supposed to do. It is just that we are ensuring that people do what they are supposed to do and that what is due to Oyo State accrues to it.”

  • FIRS seals off more firms for tax default

    FIRS seals off more firms for tax default

    The Federal Inland Revenue Services (FIRS), yesterday, sealed off some companies in Kano, Lagos, and Onitsha for non-payment of tax.

    In Kano, the FIRS enforcement team, led by Mr. Umar Garba, sealed Sani Brothers Transport Company Limited, Triumph Nigeria Limited, Multi System Nigeria Limited and NorthWest Cable Manufacturers Limited.

    The companies are owing N12.3 million, N6 million, N3.3 million and N5.8 million.

    At each offices, Garba read the law empowering FIRS to shut operations of defaulters.

    In Lagos, the enforcement team sealed the office of Secure ID Limited, at 2 Olawale Dawodu Street, Ikoyi, for a debt of N151 million.

    In Onitsha, the warehouse of Next International Company was sealed. The company owes N20.4 million.

    The company has failed to pay Company Income Tax, Withholding Tax and Education Tax since 2006.

    Prior to yesterday’s enforcement, FIRS had shut companies in Lagos, Abuja, Asaba and Onitsha.

    In Abuja, the Office of Urban Shelter Limited, a property development firm, in Shippers Plaza, Wuse Zone 5, was shut for a debt of N637 million, accumulated between 2008 and  2016.

    In Lagos, the Office of Venro Energy Limited, at 250b, Ikorodu Crescent on Dolphin Estate, Ikoyi, was shut for owing N29 million.

    Also sealed was the Office of Enegas, at 14 Oladipo Diya Street, 2nd Avenue Estate in Ikoyi.

    In Asaba, FIRS sealed Davnotch Nigeria Limited. The company owes N34.5 million, comprising Company Income Tax, Education Tax, Withholding Tax and Late Return Tax.

  • N97m tax default: NDDC yet to open Benin office

    The Office of the Niger Delta Development Commission (NDDC) in Benin, the Edo State capital, has not opened for four weeks, following its closure by officials of the state’s Inland Revenue Services (EIRS).

    When our reporter visited the office on Murtala Muhammed Way, the entrance gate was locked and a restraining order was pasted on it.

    A security man, who pleaded not to be named, said the company had been out of work since the office was sealed up, following the commission’s alleged failure to remit N97,423,091 tax liabilities.

    The action of the EIRS, it was learnt, followed a restraining order by an Edo State High Court, presided over by Justice Joseph Acha.

    The judge granted the agency permission to “restrain upon any land, premises or place of business belonging to the NDDC on Murtala Muhammed Way, by Uwa Street junction, Benin.

    “The applicant is authorised and permitted to restrain against moveable goods, chattels, bonds or securities or any kind of property belonging to the respondent in satisfaction of its outstanding tax liabilities of N97,423,091”.

     

  • Niger to try seven firms for N4b ‘tax default’

    The Niger State Board of Internal Revenue yesterday said it would prosecute seven companies for allegedly owing it over N4 billion tax arrears.

    Its Chairman, Alhaji Sulieman Abdullahi, told reporters in Minna, the state capital, that the board discovered the defaulting companies following the engagement of tax consultants.

    He said: “The preliminary reports of the some of the consultants’ tax audit showed that some organisations had owed the board huge sum of money. Seven of them owed over N4 billion unpaid taxes and we are set to collect the money.”

    Abdullahi said the revenue board had written the affected companies on the need for them to settle the arrears and normalise their books with the board or be prosecuted.

    The board chairman said two organisations in Suleja had been taken to court for failure to pay their taxes, after the board had met with them during its tax enforcement drive.

    He said the organisations refused to heed the advice of the board’s officials.

    Abdullahi, who said the engagement of the tax consultants would help the board to meet its monthly target, added: ‘’We have to engage 19 additional consultants to the one that has been working with the board, to expand our horizon and ensure easier collection of taxes from individuals and organisations.

    “We borrowed a leaf from Lagos State, which has over 700 consultants on tax collection, each with a specific mandate to tackle tax in its area of specailisation, to ensure optimal tax collection.”

    The chairman explained that the board had written the affected organisations to pay within a month or face prosecution.

    He added that the consultants would continue their audit of payments by various organisations to ensure that defaulters pay their tax arrears.

    Abdullahi said the board was working to meet its N1 billion monthly target.