FIRS Shuts Lagos Companies Over Tax Liabilities
A team from the Enforcement Department of the Federal Inland Revenue Service (FIRS), Wednesday, sealed the office of Punz Limited, located at the Lekki Shopping Plaza, Lagos over tax debts of N20, 066, 940.
The figure is for accrued debts in company income tax and VAT, after assessment from 2009 to 2013. Mrs. Anita Erinne, the team leader told the firm’s Chief Executive Officer, who claimed the debt figure was too high, that the firm’s auditors should go to the FIRS Ikoyi office to lodge complaints and make arrangements for liquidating the liability.
Also sealed was the office of Howard Roark Gardens Limited at Lake View Park 2, Management Building in Lekki enforcement team. The company has a tax liability of N46, 481, 761.25. The team equally visited Coastland Energy Logistics limited at 9 Gabriel Odusanya Street, Lekki, shutting down the company’s office over a tax debt of N15, 126, 811.74.
