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

  • 📰 TheNationNews
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 69%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tax: Court orders FCT revenue agency to seal off defaulting companiesA Magistrate Court sitting in Wuse Zone 2, Abuja, on Friday ordered the Federal Capital Territory Internal Revenue Service, FCT-IRS, to seal off a company, Ifedi A.K. Nigeria Ltd, over allegations bordering on non-filing of annual returns.
Source: DailyPostNGR - 🏆 11. / 59 Read more »