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Tax default: FIRS shuts more firms across the country

Tax default: FIRS shuts more firms across the country
May 13
16:53 2016

The Federal Inland Revenue Services (FIRS) on Friday continued its closure of companies owing taxes across the country.

Lagos, Abia, and Imo were some of the states which the enforcement unit of the organisation visited.

In Lagos, FIRS sealed up RT Briscoe Nigeria PLC, Sinopec Nigeria, an oil and exploration company in Ikoyi.

Briscoe Motors located on Fatai Atere Way in Mushin, was also sealed over the company’s failure to remit N1.9 billion in taxes.

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According to a statement released by the service, a staff of the firm made efforts to pacify FIRS officials, saying the company had N150million to the FIRS.

The statement said Emeka Obiagwu, who led the team, maintained that the company will remain shut until a minimum of 50% of the total amount owed in taxes, was paid.

“My mandate is to get at least 50% percent of the total amount owed by the company, anything less than that will not be acceptable,” ‎Obiagwu reportedly said.

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At Sinopec Nigeria, the company owing $15million, the enforcement team had no trouble shutting down the office premises and staff quarters.

In Abuja, the team visited Hammoud and Saidi International, located at Wuse Zone 5 Area of Abuja.

The company was shut over its liability of N5.9 million for 2012.

In Aba, Abia state, the FIRS team shut down the premises of Dan Dollars Limited and D.E Okafor and Sons Limited for non-remittance of taxes.

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Earlier on Thursday, the FIRS shut the Imo Transport Company and Hotels & Tours Ltd in Owerri.

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