Rivers
Tax Defaulters Risk Imprisonment
The Rivers State Inter
nal Revenue Services (RIRS) has ordered multinational companies, oil servicing firms, banks and MDAs in Rivers State to verify the tax clearance certificates of their contractors from issuing authorities before awarding contracts or face sanctions.
The Executive Chairman of RIRS, Mrs Onene Osila Obele Oshoko, who gave the directive, said the order was in line with the Personal Income Tax Act (PITAM, 2011) as amended. She said the act stipulates that; “a person be it government organisation or corporate entity who fails to verify the genuineness of tax clearance certificates by referring same to the issuing tax authority is liable to conviction to a fine of N5,000,000 or imprisonment for 3 years or both.
The Executive Chairman in a statement made available to The Tide, further appreciated the efforts of embassies and ministries who have sent in tax clearance certificates for verification from relevant issuing authorities as a step in the right direction, stating that tax verification would help to stop fake tax clearance certificates in circulation.
The chairman warned that the RIRS would prosecute defaulters, and appealed to organisations doing business in Rivers State to desist from flouting constituted orders to foster a harmonies business relationship.
Taneh Beemene
Rivers
Group Seeks Police Support to Tackle GBV
Rivers
Youth Body Condemns Killing Of Member … Demands Immediate Suspension Of Bike Operation
Rivers
NDDC, REA Seal Pact On Sustainable Electricity Expansion In N’Delta
-
Sports2 days ago2026 WC: Nigeria, DR Congo Awaits FIFA Verdict Today
-
Sports5 days ago
DG NIS Wants NSC Board Constituted, Seeks Increased In Funding
-
Business5 days agoCustoms Seek Support To Curb Smuggling In Ogun
-
Featured5 days agoINEC Proposes N873.78bn For 2027 Elections, N171bn For 2026 Operations
-
Sports5 days agoSWAN Rivers Set-up Five Functional Committees
-
Sports5 days ago
NSC Disburses N200m Training Grants To 26 Athletes
-
Sports5 days ago
‘NTF Will Build On Davis Cup Success For Brighter Future’
-
News5 days ago
Police Bust Kidnapping Syndicate In PH
