FIRS Seals Firm in Abuja over Non-payment of N276m Tax

The Federal Inland Revenue Service (FIRS) continued with its on-going enforcement of tax payment, sealing the office premises of Tak Continental Group in Abuja for its failure to pay taxes amounting to N276, 378, 212. 45million.

The tax liability was made up of Company Income Tax, CIT, Education Tax,Value Added Tax from 2008 to 2010. A director of the company, who declined to identify himself, claimed he had no information on the firm’s tax liability.

He subsequently agreed to order the staff home to enable him get information about the tax debt.
Consequently, a statement on Monday revealed that the FIRS team, led by Miss Ruth Maundeun, ordered the staff out of the office and sealed the office, which she said will not be reopened until the company pays the entire tax liability.

In Lagos, the FIRS team visited the office of Boron Oil and Gas, located at Plot 15 Henry Ogbogbo Crescent, Lekki. However, the company’s office was not shut. Mr. Emeka Obiagwu, leader of the enforcement team, explained that the company was not sealed because it already has an arrangement with the tax office to defray its N259million tax liability.

According to Obiagwu, the arrangement involves payment in installments. The company, he explained, attempted to pay N40.2million on Friday, but was thwarted by hitches in the banking transaction. Obiagwu said the team saw correspondences between the company and its bank as regards the failed transaction. Before the FIRS arrived the office on Monday, the company had successfully transferred the instalment it agreed to pay.