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Nairaland Forum / Nairaland / General / Business / FIRS Seals Four Firms Over Tax Debt Of N630m (10107 Views)
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FIRS Seals Four Firms Over Tax Debt Of N630m by themomentng: 7:58pm On Jul 17, 2017 |
The Federal Inland Revenue Service, FIRS, on Monday, sealed four companies in Lagos and Port Harcourt over their failure to meet their tax obligations totalling N630 million. The affected firms include Charcoal and Spices Restaurant Limited, GRA, Port Harcourt, and Cioscon Nigerian Limited at 14 Aba Road, Port Harcourt. The leader of the FIRS enforcement team, Mrs. Anita Erinne, sealed both companies after showing a warrant of distraint to officials of the company. Charcoal and Spices Restaurant Limited owes N12,388,979.50 tax debt while Cioscon Nigerian Ltd has a tax liability amounting to N479,203,464.43 from 2014 to 2016 which the firm has failed to remit. Erinne told the defaulting firms that the companies’ premises will be unsealed when they clear their outstanding tax bills. She warned the workers not to unseal or tamper with the FIRS seal until the debts are cleared, stating that any attempt to remove the seals will be a contravention of the law. Erinne, however, noted that the firms have been officially notified of their indebtedness to FIRS, stating that all the companies’ taxes should be paid before their premises could be unsealed. In Lagos, the enforcement team of the FIRS sealed Joza Global Service situated at 18, Ribadu Road, Ikoyi, Lagos over a tax debt of over N30.6 million. The FIRS team also sealed-off Spog Petrochemicals Limited situated at 50d, Glover Road, Ikoyi, Lagos over a tax debt of N105.5 million. Last week, the FIRS sealed off the premises of tax-owing companies in Abuja. Among these was an educational facility, Fanaks International Schools in the Asokoro area of the federal capital. The school was owing a total of N976,133.57 in Company Income Tax (CIT), Education Tax (EDT) and Withholding Tax (WHT). Also sealed was Hotel Bahamas International, which was owing N694,045.29 in CIT, EDT, WHT for the 2015 assessment year. Another hospitality facility, Dabiyi Hotels and Suites in Kurudu was sealed over tax liabilities totaling N4,191,996.26 carried over from the 2014 assessment year. http://leadership.ng/2017/07/18/firs-seals-4-firms-n630m-tax/ 1 Like
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Re: FIRS Seals Four Firms Over Tax Debt Of N630m by AnaCheks(m): 8:16pm On Jul 17, 2017 |
465m.... Where the hell will they get that from? Anyways, d Indians in Lagos knows better.... Change of name simple Am i Di FTC.... Holala. Dedicate this to all the beautiful ladies out there struggling hard to support their man. Your struggles shall never be in vain and no woman will reap what you have sowed. 4 Likes |
Re: FIRS Seals Four Firms Over Tax Debt Of N630m by Nobody: 9:40pm On Jul 17, 2017 |
op dis ur FIR logo sef 4 Likes |
Re: FIRS Seals Four Firms Over Tax Debt Of N630m by brainpulse: 7:41am On Jul 18, 2017 |
Good one. No society runs without citizens, companies and industries paying their taxes. 5 Likes |
Re: FIRS Seals Four Firms Over Tax Debt Of N630m by Jerryojozy(m): 7:42am On Jul 18, 2017 |
Chai! The firms should be prosecuted. Robbing us of our tax earnings. Genius J |
Re: FIRS Seals Four Firms Over Tax Debt Of N630m by holatin(m): 7:42am On Jul 18, 2017 |
how can I call on them to come and seal the brothel at the back of my house, am sure dey don pay tax and yet they disturb us with loud banging music every night till 4am next morning. 1 Like |
Re: FIRS Seals Four Firms Over Tax Debt Of N630m by Narldon: 7:42am On Jul 18, 2017 |
...and they'll be begging like... 1 Like
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Re: FIRS Seals Four Firms Over Tax Debt Of N630m by Zico5(m): 7:42am On Jul 18, 2017 |
Things are so hard for this Buhari regime o. Everything is just upside down. Nothing to eat, nothing to fall back to. No improvements, no jobs. This man is just synonymous to serious hardship. what's way forward Nigerians. 1 Like 2 Shares |
Re: FIRS Seals Four Firms Over Tax Debt Of N630m by Nobody: 7:42am On Jul 18, 2017 |
Pay Your Tax!! 3 Likes |
Re: FIRS Seals Four Firms Over Tax Debt Of N630m by herkeym001(m): 7:43am On Jul 18, 2017 |
As if na everything them go pay before them open there shops/companies for them back. 1 Like |
Re: FIRS Seals Four Firms Over Tax Debt Of N630m by pelumi111: 7:43am On Jul 18, 2017 |
The person above me is advertising, I don't have anything to say, may be the person below me will say some thing meanifull |
Re: FIRS Seals Four Firms Over Tax Debt Of N630m by sunshineV(f): 7:44am On Jul 18, 2017 |
FIRS this FIRS that. Is FIRS mad? how citizens don benefit from the tax? Where the cash dey go sef? Mtcheeeew. Useless country. 3 Likes
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Re: FIRS Seals Four Firms Over Tax Debt Of N630m by jazinogold(m): 7:45am On Jul 18, 2017 |
Re: FIRS Seals Four Firms Over Tax Debt Of N630m by DieBuhari: 7:47am On Jul 18, 2017 |
How much is Charcoal and spices making to pay such an amount as tax? 5 Likes 2 Shares |
Re: FIRS Seals Four Firms Over Tax Debt Of N630m by davillian(m): 7:48am On Jul 18, 2017 |
They have finished sharing oil money and now they want to share tax money. Government that can not provide any social amenities is that one government. 4 Likes |
Re: FIRS Seals Four Firms Over Tax Debt Of N630m by Nobody: 7:48am On Jul 18, 2017 |
Jerryojozy: What about other companies that dont pay tax becos they re owned by politicians? 1 Like |
Re: FIRS Seals Four Firms Over Tax Debt Of N630m by freshvine(f): 7:49am On Jul 18, 2017 |
I've never heard them seal any operational company in the north. Go to their office in sani abacha Road office in Port Harcourt, the mallam heading the tax agency has virtually turn the upper floor of the office building to a mini mosque. As soon as it's praying time, businesses are paralysed 3 Likes |
Re: FIRS Seals Four Firms Over Tax Debt Of N630m by ednut1(m): 7:50am On Jul 18, 2017 |
yeye. na mumu nawa |
Re: FIRS Seals Four Firms Over Tax Debt Of N630m by londoner: 7:51am On Jul 18, 2017 |
DieBuhari: It has piled up over time. If they paid when due it would not amount to that much. That's how it works. 1 Like |
Re: FIRS Seals Four Firms Over Tax Debt Of N630m by Jerryojozy(m): 7:52am On Jul 18, 2017 |
quentin06:How do u know they don't pay tax. Every company in Nigeria is mandated to pay tax. Genius J 1 Like 1 Share |
Re: FIRS Seals Four Firms Over Tax Debt Of N630m by chigoizie7(m): 7:52am On Jul 18, 2017 |
Only God knows how much these firms make as profit per annum to owe tax of 465 million in just 2 years. 1 Like |
Re: FIRS Seals Four Firms Over Tax Debt Of N630m by sunshineV(f): 7:52am On Jul 18, 2017 |
freshvine: North people need to get sense 1 Like
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Re: FIRS Seals Four Firms Over Tax Debt Of N630m by oluseyiforjesus(m): 7:53am On Jul 18, 2017 |
Our thumb doing press up till 2019 |
Re: FIRS Seals Four Firms Over Tax Debt Of N630m by Lacoolmley: 7:54am On Jul 18, 2017 |
The level of corruption in FIRS is to the highest order. When you refuse to negotiate with them according to their fraudulent terms, they come up with unrealistic assessment reports and punish you by sealing off your business premises. Visit any of their offices and see their rubbish attitudes. One needs not mention that the Government does absolutely nothing to create a proper environment for business owners with all the tax remitted to them. This country sef. 4 Likes 1 Share |
Re: FIRS Seals Four Firms Over Tax Debt Of N630m by igbohausayoruba: 7:57am On Jul 18, 2017 |
They shud pay na |
Re: FIRS Seals Four Firms Over Tax Debt Of N630m by erico2k2(m): 8:00am On Jul 18, 2017 |
themomentng:This is why we live i n a ZOO, why would FIRS official be on ground to seal a Biz premises? well answer to receive bribe IS it not the job of the court to issue a warrant and sending beliefs down there to retrieve the debts? Nigerians always doing things backward. A wise Biz man will simply go to court and get an injunction and re open his/her Biz. 1 Like 2 Shares |
Re: FIRS Seals Four Firms Over Tax Debt Of N630m by erico2k2(m): 8:01am On Jul 18, 2017 |
londoner:Over time? how long 50 years?? 2 Likes |
Re: FIRS Seals Four Firms Over Tax Debt Of N630m by erico2k2(m): 8:01am On Jul 18, 2017 |
DieBuhari:Help me ask them 1 Like |
Re: FIRS Seals Four Firms Over Tax Debt Of N630m by ivolt: 8:02am On Jul 18, 2017 |
freshvine: Why do you guys hate law enforcement and a functioning agency with passion ? The companies were owing tax and they were shut down but you had to bring north into it. 2 Likes |
Re: FIRS Seals Four Firms Over Tax Debt Of N630m by SalamRushdie: 8:03am On Jul 18, 2017 |
brainpulse: Another poorly thought out comment . 1 Like |
Re: FIRS Seals Four Firms Over Tax Debt Of N630m by SalamRushdie: 8:08am On Jul 18, 2017 |
chigoizie7: They don't make much the FIRS is just being dubious and opportunist, those companies must have filed in tax returns and the FIRS instead of seeing the reality will reject the filed tax returns and give them any arbitrary figure based on best on Judgement..That how they charged my Seniors sister small firm a tax of 270 million naira despite the fact that her firm hardly makes 1w million naira a year in their small rented office just because they heard it Internet data reseller for main one ... Only those e who are not into business will come here and applaud the FIRS 5 Likes |
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