Saturday, 23 June 2018
Oyo State government has seals over 50 companies over non-payment of tax
The affected companies include conglomerates, banks, telecommunication outfit, hotels, events center and some merchant's outfits located in Ibadan, the Oyo State Capital. The week-long exercise commenced with banks located along Dugbe road sealed. In Oke-Ado, ring road and other parts of Ibadan South West local government area a major telecommunication outfit, hotels and events centers, a major beverage producing company and some private companies were sealed.
Chairman, Board of Internal Revenue in the state, Mr Bicci Alli told journalists in Ibadan on Thursday that it is essential for business owners to develop the culture of compliance of paying taxes promptly.
He said the corporate entities affected by the inter-ministerial emergency exercise had been duly informed before the exercise was carried out.
"We have done a lot in writing, sensitizing them, talking to them before today, however, where they failed to do the right thing, we are very serious about compliance. right thing.They should develop the culture.Though we need to generate more revenue, it is not the amount to see but the culture of compliance that we want our people to cultivate, "he said.
Alli stressed that the board followed the process before sealing the companies and that assessment was served on the corporate entities to pay. "Bulk of the liabilities we are recovering now relates to 2016/2017, not even 2018. We have evidence to show that they were sent to the corporate entities while reminders of seven days to pay followed," Alli said.