Business

Tax debts: FIRS shuts firms in Ilorin

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From Kayode Abdulazeez.

The Federal Inland Revenue Service (FIRS), ramped up its tax enforcement drive when its teams shut down premises of companies with tax liabilities in Ilorin, Kwara state’s capital.

The team visited Kwara Hotels, where its new management, Integrated Services Limited, explained that it was neither aware that the previous management had an N10.5million tax liability nor of correspondences between the hotel and the FIRS.

The argument ended when a call was put to the FIRS headquarters, which confirmed the existence of the hotel’s tax liabilities. The new management then signed an undertaking to reach the previous management and revert to the FIRS within 30 days.

Also in Ilorin, the FIRS team visited Henry George Company Limited, which owes a little over N2million. But the company escaped being shut having paid a part of money the previous day and its officials were headed to the bank to pay the balance while the enforcement team was in their premises

   

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Time Nigeria is a general interest Magazine with its headquarters in Abuja, the nation’s Capital.
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