23 companies sealed by Lagos State Over Tax Remittance
The Lagos State Internal Revenue Service (LIRS) have sealed 23 companies in January over the non-remittance of N326.6 million personal income taxes of workers.
Mrs Folasade Coker-Afolayan, the Head of Distrain Unit, said that the taxes were the personal income taxes for a period of one year to six years. She restated that tax payment was a civic responsibility of every citizen, adding that the proceeds were being used by the government to provide infrastructure.
“Tax is a major source of government revenue. It enables it to provide infrastructure and improve the citizens’ standard of living,” she said.
Coker-Afolayan said that LIRS would continue to sanction tax defaulters and advised companies to remit taxes promptly to avoid embarrassment.
She said that it was a criminal offence to break government’s seals on sealed companies