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Tax evasion: FCT-IRS seals hotel, international company in Abuja

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The Nation Newspaper Tax evasion: FCT-IRS seals hotel, international company in Abuja

on Thursday, May 9, sealed Regency Hotels, a school, and three business premises in Abuja over evasion of tax

Tsavsar explained that the hotel and business premises contravened FCT tax laws by refusing to file their annual returns, despite issuing several notices, including a court summons. “The offence they committed was a refusal to file their annual returns despite many notices, including a Court Summon but the school management refused to comply.

He added that to worsen the case, the management had changed their name to DGIS College to evade tax payments.“This is also a criminal offence. The school has not been paying their taxes at all, and also refused to file their annual returns since establishment,” he said. “If they go against the Court Order and unseal the premises by themselves, they have committed a criminal offence, and the court will order their arrest.

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