Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ - Business

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Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ - Business - Nairaland

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Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by ManirBK: 6:37pm On Apr 24

The Kaduna State Internal Revenue Service (KADIRS) has sealed off six branches of the United Bank for Africa (UBA) over alleged evasion of N14 million tax.

Daily Trust reports that the operation followed the non-compliance of the management of the bank to series of notices sent to them by the service.

The team led, by the Board Secretary and Legal Adviser of the service, Barrister Aysha Muhammad, sealed off the branches in company with security agencies.

She said KADIRS “In exercise of the powers vested in it by Section 104 of the Personal Income Tax Act, is authorised by the court to collect and recover the sum of N14,367,322.20k, being arrears of tax due from 2019 to 2021 from the above named agent/organization whose place of business is in Kaduna.”

She added that a distress cost of N250,000 is also owed by the bank.

The bank has yet to react to the seal off and its management in Kaduna declined comment when contacted by our correspondent.

https://dailytrust.com/kaduna-seals-off-6-uba-branches-over-n14m-tax/

3 Likes

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by ManirBK: 6:38pm On Apr 24

UBA Why? Despite all your deductions from Us. Go and Pay your tax Now

11 Likes

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by ManirBK: 6:38pm On Apr 24

UBA AND U.B.A

14 Likes

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by ManirBK: 6:38pm On Apr 24

Even banks failed to pay tax!!

8 Likes 2 Shares

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by Nukilia: 6:48pm On Apr 24

As economy hard reach...

3 Likes

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by EyeCumInPiece: 7:09pm On Apr 24

Govt too like tax, yet Govt workers are most unproductive.

9 Likes

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by SlavaUkraini: 7:10pm On Apr 24

What is now their excuse for not paying their taxes... ?

They would hurry up and pay now that their farm has been closed 🔐🔒🔐

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by Pootle: 7:10pm On Apr 24

fraudsters

3 Likes

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by bigdammyj: 7:11pm On Apr 24

Noted.

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by specialmati(m): 7:11pm On Apr 24

so why do the debit customers 50 every month

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by Oxtertee(m): 7:13pm On Apr 24

Despite the fact the the incubent gov shares same name with the bank, you people still went ahead to seal their branches. This is not nice, where is the brotherhood love

2 Likes

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by rinaballa: 7:14pm On Apr 24

Every where hard

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by Powerdrunk: 7:17pm On Apr 24

Fake

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by LordIsaac(m): 7:18pm On Apr 24

Isn’t that a criminal offense? But the CEO is rich…they will settle amicably. God bless Karl Marx!

3 Likes

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by justi40(m): 7:20pm On Apr 24

Life every thing na time, I go buy wetin I want

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by Dearlord(m): 7:24pm On Apr 24

Very useless Bank

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by Hezzyluv: 7:26pm On Apr 24

Governor UBA Sani and UBA grin

6 Likes

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by LaIabobo: 7:28pm On Apr 24

It’ll be folly to believe UBA or any bank doesn’t pay its taxes. States come up with different forms of multiple taxations.

Rubbish!!!

4 Likes

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by Chimarto: 7:31pm On Apr 24

They like declaring huge profit at the detriment of the nation's tax and their staff

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by israelmao(m): 7:33pm On Apr 24

El-Rufai generated multi-billion naira revenues in Kaduna while he was a governor where but still left the state neck deep in debt that it is grappling to pay workers' salaries.

1 Like

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by Bimpe29: 7:35pm On Apr 24

What a bad corporate governance from the almighty UBA!

3 Likes

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by Yankee101: 7:39pm On Apr 24

Only?

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by cunny88(m): 7:40pm On Apr 24

They must have ignored several warnings from the tax office. This is an embarrassment to the bank.

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by millionboi(m): 7:42pm On Apr 24

Make nothing do my 10kobo in uba oo

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by bassdow: 8:07pm On Apr 24

bassdow:
s

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by bassdow: 8:07pm On Apr 24

[quote author=bassdow post=129616997][/quote]

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by bassdow: 8:10pm On Apr 24

ManirBK:
UBA Why? Despite all your deductions from Us . Go and Pay your tax
Now

you don't expect they take from LAGOS or ABUJA or portHarcourt profits to settle a branch in an area (probably overRan by bandits) not generating enough revenue.

if na Lagos / Abuja / etc branches this kind thing happen, I go surprise

2 Likes

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by Charly68: 9:02pm On Apr 24

Why are corporate firms owing Government ?

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by alphaNomega: 10:03pm On Apr 24

Even government house dey owe nepa bill for this nigeria.

all of una dey mad

champions of incompetence

Re: Kaduna Seals Off 6 UBA Branches Over ‘n14m Tax’ by Melagros(m): 10:24pm On Apr 24

COMRADES, corruption and hardship is unprecedented under the evil APC, even a financial institution of repute like UBA is finding it difficult to remit/pay tax

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