The Federal Inland Revenue
Service (FIRS) says it will begin a nationwide tax enforcement exercise on tax
defaulters on Wednesday, December 18.
In a statement released on
Tuesday by Wahab Gbadamosi, FIRS’ head of communication and servicom, the tax
agency advised tax defaulters to pay up.
The statement quoted Abiodun Aina
(pictured), the acting executive chairman of FIRS, urged defaulters to settle
their tax liabilities 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.
“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.”
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 petroleum profits tax, companies income tax, value-added tax,
withholding tax, tertiary education tax, NITDA levy, stamp duty and capital
gains tax.
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