Home Sectors BUSINESS & ECONOMY LASG Shuts Down 6 Companies Over N32.17 Million Tax Debts

LASG Shuts Down 6 Companies Over N32.17 Million Tax Debts

Mrs Ajibike Oshodi-Sholola, the Head, Distrain Unit of The Lagos State Internal Revenue Service (LIRS), said it has shut down  six companies for failure to remit a total of N32.17 million deducted as personal income tax of their employees to the state government.

She disclosed this while speaking with the News Agency of Nigeria (NAN) in Lagos on Wednesday.

Oshodi-Sholola said that the companies were audited by LIRS about one to five years ago, but the companies had not been meeting their tax obligations to the state till date making their liability period run from 2009 to 2013.

She said that LIRS went to court and obtained an order to seal the companies since they refused to pay these taxes after many years of been audited.

She said that tax payment was a civic responsibility of everyone and that companies had no reason for not remitting taxes of workers to the government.

According to her, the affected companies are into communication, security management, shipping and pharmaceutical, among others.

Oshodi-Sholola, however, advised that companies could contest or object to tax liabilities given to them within time allowed for consideration by the service which is  30 working days after the demand notice letter was issued.

 

 

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