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FIRS shuts more firms over N368m tax evasion

The move by the Federal Inland Revenue Service (FIRS) to put an end to excessive tax liabilities by corporate bodies across the country continued yesterday as it grounded business activities in some companies in Lagos, Enugu and Abuja over tax debts totalling N368.11 million.

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In Yaba, Lagos, the office of Courteville Business Solutions Plc. was shut over a tax debt of over N313 million. A company official told the FIRS team that he was aware of the company’s debt but not sure of the exact amount. He explained that the company’s group managing director was not available to clear the matter.

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His explanation was, however, ignored by the enforcement team, which ordered the workers to vacate the office building. In Enugu, the office of Afri-Hub, an information communication technology firm, situated at the Institute of Management and Technology, was similarly shut over a debt of N2.54 million.

The agency’s enforcement team led by Ruth Mandeun said the exercise was not a witch-hunt, but to recover tax debts. In Abuja, two engineering firms, HeriProm Engineering Limited and De-Tither International Limited, were also shut at Apo.

While HeriProm Engineering was sealed for owing N32.3 million, De-Tither International has a tax liability of N20.2 million, made up of income tax, withholding tax and education tax from 2008 to 2013.

Prior to the latest enforcement by the agency, it had earlier shut some other firms in Lagos, Ibadan and Port Harcourt, over failure to pay about N1.9 billion in tax.

2 Comments on FIRS shuts more firms over N368m tax evasion

  1. Let wait and see

    Like

  2. FIRS is a dupe and corrupt establishment. I’m an industry experts with facts and I know that FIRS is selective and is full of packs of men given to bribery and corruption.

    Like

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