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FIRS seals firms over N956m tax evasion

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FIRS seals firms over N956m tax evasion

The Federal Inland Revenue Service (FIRS), on Tuesday, descended on some business premises for failure to pay their taxes amounting to over N956 million.

According to a statement made available to New Telegraph yesterday, a multi-billion naira company in Kano, African Textile Management Limited, was one of the four companies in Kano with a total tax liabilities of N130.56 million.

Other companies affected included Dumma Company Limited, which owes N24.41million in Company Income Tax; Dennis Auto Supply Company Limited with a tax debt of N62.62 million and A.Y and B Nigeria Limited, a construction firm in Abuja with its branch office in Kano with a liability to the tune of N29.96 million.

Also in Port Harcourt, the enforcement team sealed the premises of Halden Nigerian Limited, Steve Integrated Technical Services Limited, Oil Field Services, Engineering and Equipment Leasing and Stemco Limited with tax liabilities of N197.6 million, N297.4 million and N131.7 million respectively.

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