NewsExpress advert FCMB banner Fidelity bank banner NewsExpress advert
Lagos seals 18 hotels, event centres over tax evasion

By News Express on 19/11/2017

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 668


The Lagos State Internal Revenue Service (LIRS) has shut 13 hotels, restaurants and event centres for failure to pay their taxes due under the Hotel Occupancy and Restaurant Consumption Laws of Lagos State 2009.

The Hotels and Restaurants were said to be owing the State a sum of N426,976,528.87

The Director Legal Services of the LIRS, Mr. Seyi Alade, during the state-wide tax enforcement exercise on Friday, warned that defaulting Hotels, Restaurants and Event centres will henceforth face the full wrath of the law if they fail to deduct and remit their taxes as provided by the law. He promised to release in due course the names of the entities affected by the enforcement exercise.

According to him, failure to deduct and remit taxes as at when due attracts very serious penalties that may lead to the sealing, seizure of the goods and chattels and criminal prosecution of principal officers of recalcitrant entities.

He said the LIRS usually gives a long rope by issuing multiple notices to the taxpayers to inform and also remind them of their tax liabilities adding that only recalcitrant taxpayers are shut down as in the present case.

He therefore urged all business entities operating in the state to ensure prompt remittance of their taxes to avoid costly disruptions on their businesses as a result of a distrain exercise.

Source News Express

Posted 19/11/2017 8:46:16 PM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

 

You may also like...
PSP waste operators ask court to stop Lagos...

Youth group demands compensation for families of murdered...

Chief of Air Staff warns insurgents to surrender...

Boko chief gives update on abducted Chibok schoolgirls...

Diezani blasts EFCC, denies withdrawing $1.3bn from NNPC...

Presidency unfolds plan for conference of stakeholders, raises...

Buhari won’t ask media to ‘kill’ any story...

Permanent Voters Card: Intersociety hails INEC, demands maximum...

Ace footballer George Weah assumes office as Liberia’s...

Jonathan speaks from Cote d’Ivoire, says: ‘I am...

Lord’s Chosen Church Headquarters shut

MASSOB commanders give Uwazuruike condition for peace

 

Latest News NNPC loses N546b in 3 years Gunmen kill 12 in market attack 2019: Okorocha cries out, alleges gang-up PDP, SDP, ADC consider joint presidential candidate 100 Edo secondary students trafficked to Libya 11,254 jobs lost, 13 firms shut in food, beverage sector Stop persecuting Igbo Jews - Group warns Buhari Former APC chieftain apologises to Jonathan, admits Buhari has failed Nigerians Why Buhari may not sign 2018 budget –Minister FG plans to assassinate me - Gov. Wike APC, nPDP in talks to avert Saraki, Dogara, others exit Career politicians deceiving Nigerians with rotational presidency — Moghalu

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (345,049 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (341,695 views) Shameless Genevieve Nnaji exposes breasts in public (273,153 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (224,566 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (205,053 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (202,566 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (176,763 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (159,055 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (150,075 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (143,249 views) Lagos plane crash: Journalist releases victims’ names (139,878 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (132,279 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (40) Business & Economy (3,137) Business Verdict (43) Columnists (853) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (497) Features (594) Global Business Monitor (273) International (1,968) Interview (149) Live Commentary (28) Love Matters (120) News (35,464) Opinion (954) Pidgin (10) Politics (5,029) Religion (742) Sports (1,512) Stock Watch (29) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

Boko Haram commanders surrender

 

APO Group Partner

 

 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement