LAGOS STATE GOVT GOES AFTER TAX EVADERS.

Lagos State government may have concluded plans to clampdown on tax evaders and those who make false declaration to cut down their tax obligations.Gov. Babatunde Fashola, gave the hint at a stakeholder conference, in Lagos. He said the grace period given should be reciprocated through compliance.“We have issued letters to some citizens and some are responding by paying up. But we have decided to give further grace because we have compiled further list. We will hold on till April 12, 2013, after which, we will go after them,” he said.

According to Fashola, upholding the country’s Constitution starts with obedience of the laws of the land including those that relate to taxation.Fashola lamented that the bulk of the state’s tax revenue comes from personal income tax, made up of those who have no choice than to pay because taxes are deducted at source of their incomes, and few high profile organisations that voluntarily comply.But Director-General of the Lagos Chamber of Commerce and Industry, Muda Yusuf, has warned on the risk of using consultants to enhance tax administration. He asked the government to focus on investment rather than consumption tax.

Nice move. All must comply or relocate back to their roots. Lag is no economic jungle.

Sibrah: Nice move. All must comply or relocate back to their roots. Lag is no economic jungle.

NL troll. How much have u paid?