Edo seals nine companies over 8.982 billion naira in taxes
By the AFREEQUE newsroom, based on Punch
Nigeria’s Edo State tax service has sealed nine companies accused of owing 8.982 billion naira in taxes. The firms, mostly Chinese-owned, allegedly failed to declare their employees or remit payroll deductions, according to Punch.
The Edo State Internal Revenue Service (EIRS) has sealed the industrial premises of nine companies in Utesi, in Ikpoba-Okha Local Government Area, over tax arrears of 8.982 billion naira, according to its head of communications, Courage Eboigbe. The companies, several of which are Chinese-owned, are accused of failing to register their employees for payroll tax, file the required annual returns or remit PAYE deductions.
The EIRS said it had notified the companies of their debts and sent them several reminders before seeking legal action. Court orders subsequently authorised the closure of the premises of Rongtai Plastic Company Limited and eight other companies. The seals will remain in place until the tax obligations have been settled in full, Courage Eboigbe said, according to Punch.
