Lagos Seals 67 Firms Over Tax Evasion

The Lagos State Internal Revenue Service (LIRS) says it shut 67 companies which failed to remit workers’ personal income taxes in 2012. Mrs Folasade Coker-Afolayan, Head, Distrain Unit of LIRS, disclosed this recently in Lagos.

She said that the total amount the companies failed to remit amounted to N450 million in the last six years.

She described tax enforcement by the Lagos state government as very successful, stressing that tax payment was a civic responsibility of all. Coker-Afolayan urged companies to remit their workers’ personal income taxes promptly in 2013 to avoid being shut. “Prompt payment of taxes will enable the government provide the necessary infrastructure and improve the peoples’ standard of living,” she said.

Coker-Afolayan also advised tax payers to cooperate with the tax officers, stressing that it was an offence to assault tax officials.