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
NDDC Provides Lifeline To Flood-Hit Ogu-Bolo Community
Rivers
Don Traces Nigeria’s Highway Woes To Design Failures … Proposes Mechanistic-Empirical Design Approach
Rivers
CP Reaffirms Commitment To Human Rights, Community Policing In Rivers
-
News3 days ago
Decentralizing Pipeline Surveillance Poses Greater Dangers To Niger Delta …. Group Warns
-
Politics3 days agoAPC Resumes Electronic Membership Registration Nationwide
-
Rivers3 days agoCourt Rules Out Interim Administration In Jumbo House, Bonny
-
Business3 days ago33 Banks Raise N4.65tn As Recapitalisation Ends
-
Politics3 days agoAlleged Coup: Protests Rock N’Assembly As Detained Officers’ Children, Wives Demand Justice
-
Nation3 days agoNile University Hosts ICA Nigeria First National Confab On Global Communication
-
Sports3 days ago
Lewandowski Leads Top Stars Missing From W/Cup Roll Call
-
Sports3 days agoPara Games: Team Rivers Wins 53 Medals On Day 5 … Director Praise Athletes
