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General Category => SpyLoaded News => Topic started by: Morayo on March 30, 2016, 09:41:35 PM

Title: Lagos State will Start Prosecuting Tax Defaulters on April 1
Post by: Morayo on March 30, 2016, 09:41:35 PM
(http://www.bellanaija.com/wp-content/uploads/2016/03/Olufolarin-Ogunsanwo-200x250.jpg)

The Lagos State Internal Revenue Service (LIRS) on Wednesday in Lagos said it would begin the prosecution of tax evaders and offenders from April 1.

This is contained in a statement signed by the Executive Chairman of LIRS, Olufolarin Ogunsanwo.

The statement said that the full weight of the law would be brought to bear on taxable persons who failed to file requisite returns as provided by the law.

“While many taxpayers have complied willingly by filing their returns in the last months, it is disheartening to note a large fraction of eligible taxpayers are still not complying.

“The focus of the present administration in renewing infrastructure and general development of the state cannot be achieved by the attitude of those who deliberately refuse to discharge their civic responsibility.”

It said that LIRS had, in the last three months, embarked on massive advocacy and enlightenment programmes.

The statement said the programmes took people through a process of education on the laws bordering on tax administration and the need and benefits of paying their taxes regularly.
The statement said all of these were focused on building convenience into the payment of taxes and subsequently promoting voluntary compliance.
According to the statement, all tax evaders and offenders, upon prosecution, may be fined or imprisoned or made to face both as provided in the Personal Income Tax Act. (NAN)

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