Assistant Legal Adviser, Lagos Internal Revenue Service, Afolashade Afolayan says the sanction imposed on tax defaulters in the state is in line with provisions of the law.
She cited the law as the Lagos Board of Internal Revenue Law Section 104 Cap 8 Laws of the Federation of Nigeria 2004.
Afolayan said the law empowers the revenue service to confiscate goods and chattels of any defaulting organisation and sell same to recoup the tax owed.
She said the entrenchment of a strong tax system in the state required that all stakeholders should live up to their responsibilities as required by the law.
Afolayan said there had been complaints that the agency did not give adequate notice before sealing off the premises of defaulting companies.
She said the allegation was not true, and that the agency went beyond serving all the required notices before imposing sanction on erring companies as prescribed by the law.
The assistant legal adviser urged corporate organisations that had issues to settle on their taxes not to wait till when all the required notices were exhausted before coming to resolve their matters.
She commended some companies that had been remitting their taxes as and when due, and advised those that had not been doing so not to relax, because the law will soon catch up with them.
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