The Federal Inland Revenue Service (FIRS), yesterday, served a 7-day notice to tax defaulters, with a warning that it will soon begin a nationwide tax enforcement to bring defaulters to book. The notice was contained in a statement signed by Wahab Gbadamosi, FIRS’ Head of Communication and Servicom.
The statement quoted the Acting Executive Chairman of FIRS, Mr. Abiodun Aina, as saying that the Service has concluded plans to begin tax enforcement against defaulters should they continue to
fail in fulfilling their tax obligations.
He advised tax defaulters to settle their tax liabilities within seven
days of the publication of a notification to avoid any inconveniences or interruptions
in their operations.
“The FIRS hereby informs all taxpayers (individuals, partnerships, Enterprises,
Corporate organisations, Ministries, Departments and Agencies) who are
in default of payment of taxes arising from self-assessment, tax
audit, tax investigation, transfer pricing audit, demand notices and
any other liabilities, that the Service will commence a nationwide tax enforcement exercise from 18 December, with a view to
prosecuting defaulters and recovering all outstanding tax
liabilities,” the statement read.
Aina said the enforcement is pursuant to the provisions of Section 8,
26 (2), 33 and 35 of the Federal Inland Revenue Service (Establishment
Act, 2007).
The taxes covered by the enforcement are referred Petroleum Profits Tax, Companies Income Tax, Value Added Tax, Withholding Tax,
Tertiary Education Tax, NITDA Levy, Stamp Duty and Capital
Gains Tax.
“All taxpayers are therefore strongly advised to settle
their tax liabilities within seven days of the notice to avoid any
inconveniences or interruptions in your operations,” said Aina.
