LIRS Introduces New Tax Forms

...Reduces Cost of Replacing Electronic Tax Clearance Card (e-TCC) ...Goes tough on Tax Evaders in Lagos State

Executive Chairman, Lagos State Internal Revenue Service (LIRS), Mr. Olufolarin Ogunsanwo

As part of efforts to enhance the ease of doing business in Lagos State, the Lagos State Internal Revenue Service ((LIRS) has announced various initiatives aimed at achieving efficient tax administration in the State. The Executive Chairman of LIRS, Mr. Olufolarin Ogunsanwo made this known on Tuesday March 8 at a press conference held at Lagos Press centre, Alausa, Ikeja in the company of the House Committee Chairman on Finance, Lagos State House of Assembly, Honorable Oluyinka Ogundimu, Lagos State Commissioners for Finance, Mr. Mustapha Akinkunmi, Information and Strategy, Mr. Steve Ayorinde and the Attorney General of the State, Mr. Adeniji kazeem.

According to Ogunsanwo, the agency has consistently been at the vanguard of reform activities aimed at easing the process of doing business in Lagos State in particular and by extension Nigeria, thereby championing several initiatives aimed at supporting His Excellency, Governor Akinwunmi Ambode, in achieving his electoral promises to Lagosians.

LIRS seales 10 Firms over N45.52m Tax Fraud

The Lagos State Internal Revenue Service (LIRS) says it sealed 10 companies in August for failure to remit N45.52 million Personal Income Tax of staff to the state government.

Mrs Ajibike Oshodi-Sholola, the Head, Training Unit of LIRS, made this known on Thursday, saying that the companies were sealed in August during a state-wide tax law enforcement exercise.

 

She said that the affected companies’ tax liabilities were for the period between 12 months and six years.

According to her, six companies were sealed on Aug. 4 for tax evasion amounted to N6.197 million, while four companies were sealed on Aug. 11 for a total of N39. 327 million tax evasion.