LASG Seals 23 Firms Over Tax Default In January

The Lagos State Internal Revenue Service (LIRS) has sealed 23 companies in January over the
non-remittance of N326.6 million personal income taxes of workers.

Mrs Folasade Coker-Afolayan, the Head of Distrain Unit, told the News Agency of Nigeria (NAN) on Sunday in Lagos that the taxes were the personal income taxes for a period of one year to six years.
She restated that tax payment was a civic responsibility of every citizen, adding that the proceeds were being used by the government to provide infrastructure.

“Tax is a major source of government revenue. It enables it to provide infrastructure and improve the citizens’ standard of living,’’ she said.

Coker-Afolayan said that LIRS would continue to sanction tax defaulters and advised companies to remit taxes promptly to avoid embarrassment.

She said that it was a criminal offence to break government’s seals on sealed companies.

(NAN)

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