FIRS give 7-day ultimatum to tax defaulters

The Federal Inland Revenue Service has issued a 7-day notice to tax defaulters, with a warning that it will soon begin a nationwide tax enforcement to bring defaulters to book.

The notice was contained in a statement signed by Wahab Gbadamosi, FIRS’ Head of Communication and Servicom. The statement quoted the Acting Executive Chairman of FIRS, Abiodun Aina, as saying that the Service has concluded plans to begin tax enforcement against defaulters should they continue to fail in fulfilling their tax obligations.

He said “The FIRS hereby informs all taxpayers (individuals, partnerships, Enterprises,
Corporate organisations, Ministries, Departments and Agencies) who are in default of payment of taxes arising from self-assessment, tax audit, tax investigation, transfer pricing audit, demand notices and any other liabilities, that the Service will commence a nationwide tax enforcement exercise from 18 December, with a view to prosecuting defaulters and recovering all outstanding tax liabilities. All taxpayers are therefore strongly advised to settle their tax liabilities within seven days of the notice to avoid any inconveniences or interruptions in your operations”.

 

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