Thursday, April 25, 2024

Lagos proposes stiff sanctions for tax evaders

The Lagos state government has warned the taxpayers on the need to comply with their civic duties on or before December 15,2016 or face prosecution.
The head of corporate affairs, Lagos State Internal Revenue Service, Mr. Monsurat Amasa, enjoined all taxpayers in the state to be on the right side of the law and take advantage of the 16-day ultimatum given to them. She added that failure to comply with the given warning will amount to serious prosecution from the government.
“The LIRS has in the last few months embarked on massive advocacy and enlightenment programmes, taking Lagos residents and taxpayers through a process of education on the laws bordering on tax administration and the need and benefits of paying taxes as and when due.

In spite of the significant decline in the allocation from the federation accounts, the Lagos State government is still embarking on massive infrastructural development and renewal; these cannot be achieved if tax payers deliberately refuse to discharge their civic responsibility to the State,” she said.
Meanwhile, the Executive Chairman of LIRS, Mr. Ayodele Subair, has disclosed plans are ongoing to ensure enforcement of adequate tax payment in the state. “LIRS has put all the necessary machineries in place to ensure the enforcement of the tax laws from December 17, 2016 when the grace period lapses,” he said.
He has advised all taxpayers to comply, reiterating that the full weight of the law will be brought to bear on any taxable persons or corporations who fail to remit all taxes due.

Popular Articles