The Federal Inland Revenue Service (FIRS) has named Obasanjo Farms Nig. Ltd (Feedmill); Iyiola Omisore & Par; Citiroof Aluminium Co. Ltd; Coldstone Creamery Limited (Yaba); Davido Music Worldwide Ltd; as well as Grand Square Supermarket and Stores Ltd as some of the 19,000 tax defaulters.
The new list of the 19,000 tax defaulters published on its website Tuesday came after Tunde Fowler, Executive Chairman of the agency, was queried by the Presidency for the failure by FIRS to meet its revenue targets for the past four years.
The agency also vowed to keep the accounts under its possession until the tax defaulters regularise their tax status.
As contained in the list, some other defaulting companies include; Open Heavens Bliss Enterprises; The Assemblies of God Nigeria; X3M Music Limited.
Others are Tiger Foods Limited; Slot Enterprises; Payporte Technology Limited; Visionscape Sanitation Solutions Limited; Erisco Foods Limited Milk Cube account; God is Good Motors (Vehicle sales account); Hubmart Stores Limited and United Capital Plc among many others
FIRS however advised that steps necessary to ensure regularisation of the accounts include makeing payments of applicable taxes for the period owed; visit the closest Substitution Review Unit (SRU) to: a) Fill Tax payers form as required; b) Attach evidence of tax payments made alongside the following: i. A letter to the ECFIRS on response to the substitution on your account; ii. Attach to letter a) Copy of your last file return; b) Copy of current tax clearance certificate; c) Bank statement for 3 years; d) Copy of incorporation and commencement of business.
“The tax defaulters are also expected to: State Sources of income if Loan; or operate Bureau de Change etc.; the SRU team will analyse and give feedback or in the alternative “send these details to [email protected].”
Meanwhile, FIRS had warned in recent advert that “all Companies, which had their Bank Accounts placed under Lien by the agency in pursuant to Section 31 of the FIRS Act, should pay the tax due within 30 days of notice.
“Companies that are yet to regularise their tax status with the FIRS, and fail to pay the tax due within 30 days of this Notice, the FIRS shall in accordance with Section 49 (2) (a- d) of the FIRS Act proceed and enforce the payment of the said tax against all the Directors, Managers, Secretaries and every other person concerned in the management of the Companies and recover the said tax from such persons without further notice”.
The FIRS also cautioned the tax defaulters that “for the avoidance of doubt, the above Section authorises the FIRS to proceed against and punish every officer, Manager, Director, Secretary or any person concerned with the management of the Company in like manner as if he/she had committed the offence.”
Cynthia Egboboh Abuja
