Breaking News

FIRS seals 2 firms over tax debts in Lagos

Kindly Share This Story:

THE Federal Inland Revenue Service, FIRS, Monday, sealed the premises of three companies for failure to pay taxes.

Babatunde Fowler

The FIRS enforcement team, led by the Assistant Manager, Legal, FIRS, Ruth Mandeun, sealed Giandan Nigeria Limited, situated at 21 Ladoke Akintola Street, Ikeja, over tax debts totalling N47.779 million. It also sealed Justeen International Limited over N24.779 million tax debt.

Speaking after the exercise, Mandeun said: “It is quite upsetting for us to close down companies, but we just have to perform our lawful mandate. The two companies that were sealed today (yesterday) clearly defaulted in paying their taxes and they are fully aware of the repercussions.

“They will get to be reopened, but that is after they have cleared their debts.”
She added that FIRS is committed to ensuring that all individuals and corporate entities pay their taxes promptly.

Kindly Share This Story:
All rights reserved. This material and any other digital content on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from VANGUARD NEWS.


Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.
Do NOT follow this link or you will be banned from the site!