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LIRS seals off 4 companies for tax evasion

The Lagos State Inland     Revenue Service (LIRS) on Tuesday sealed off four companies in the state for allegedly owing the state government about N173.8 million in tax liabilities. A correspondent of the News Agency of Nigeria (NAN), who accompanied the LIRS Tax Enforcement Team, reported that the companies failed to remit taxes they deducted from staff salaries to the state government coffers. NAN also reported that two other companies hurriedly paid N5.2 million to the State Treasury on Tuesday morning to prevent the enforcement team from sealing off their premises. But the four companies that could not immediately settle their liabilities had their premises sealed off.

The leader of the enforcement team implored corporate organisations in the state to pay their taxes promptly in order to avoid being sealed off by the LIRS. She stressed that it was only when taxes were paid as and when due that the state government would be able to discharge its responsibilities to the people. “The state government will not hesitate to seal off any company which refuses to remit its taxes to the government after being served with a demand notice and a warrant and no objection raised,” she said.

The team leader added that the companies were sealed for outstanding tax liabilities for the period 2002 to 2008. The companies were sealed under the Lagos State Board of Internal Revenue Law, Section 104, Cap 8, Laws of the Federation of Nigeria, 2004. About 10 blue-chip companies have also been earmarked to be sealed off by the LIRS team for allegedly owing the state government over N189.9 million in tax liabilities.


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