The Federal Inland Revenue Service, FIRS, clamp down regime on erring companies continue as it has shut four companies in Lagos and Port Harcourt over a tax debt totaling N630 million on Monday.
The affected companies include Charcoal and Spices Restaurant Limited, GRA, Port Harcourt, and Cioscon Nigerian Limited at 14 Aba Road, Port Harcourt.
It was gathered that Charcoal and Spices Restaurant Limited has a tax liability of N12,388,979.50 while Cioscon Nigerian Ltd owes N479,203,464.43 from 2014 to 2016 which the companies have failed to pay to the tax authorities.
The leader of the FIRS enforcement team, Mrs. Anita Erinne, shut the companies after issuing a warrant of distrain to the company officials. She informed the erring companies that the premises will be re-opened after they have met their obligations by paying outstanding tax liabilities.
In Lagos, the FIRS also sealed Joza Global Service whose address is at 18, Ribadu Road, Ikoyi, Lagos over tax liabilities of N30.6 million, and also Spog Petrochemicals Limited situated at 50d, Glover Road, Ikoyi, Lagos over a tax debt of N105.5 million.
Just a week ago, the FIRS sealed off companies owing tax liabilities in Abuja.
Fanaks International Schools in the Asokoro area of the federal capital was shut due to tax liabilities. The school was owed N976,133.57 in Company Income Tax (CIT), Education Tax (EDT) and Withholding Tax (WHT).
Hospitality facilities in the name of Hotel Bahamas International and Dabiyi Hotels and Suites were sealed off due to tax debt of N694,045.29 and N4,191,996.26 respectively. It was stated that the FIRS that Hotel Bahamas owed tax debt in CIT, EDT, WHT for the 2015 assessment year while Dabiyi hotels was tax debt carried over from the 2014 assessment year.
The FIRS recently warned in several letters and infact recent publications on that erring companies should come forth to pay their outstanding tax debt, else there will be a total clamp down on their premises and facilities.