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AKIRS Storms ExxonMobil, GTBank, Fortune Schools over Tax Default

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AKIRS Storms ExxonMobil, GTBank, Fortune Schools over Tax DefaultIssues Warning Notices

The Akwa Ibom State Internal Revenue Service has taken its tax enforcement/ recovery drive to the oil rich community of Ibeno, issuing warning notice to oil giant, ExxonMobil over non remittance of taxes to the coffers of the Akwa Ibom State government.

According to AKIRS, ExxonMobil has defaulted in remitting the actual tax deductible from its employees salaries.

AKIRS also issued warning notices to Guarantee Trust Bank ( Abak road and Udo Udoma branch) and Fortune Schools which are all operating in the capital city of Uyo.

The Notices read that the organizations ” have not been remitting the actual tax deductible from its employees’ salaries and other relevant taxes due to the State; hence failed to comply with the provisions of relevant tax laws.”

The Notices add that the organisations served have seven days to comply else the Board will take legal actions at the expiration of the seven days notice.

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The Executive Director, Enforcement and Recovery of the Board, Mr Leo Umana who led the AKIRS team to issue the notices of default and none compliance to the defaulters said the business outfits of which notices are served are tax defaulters who have deducted taxes from their employees but refuse to remit to the State Government.

He said the board is poised on recovering to the State coffers taxes which have accrued to billions of naira.

Umana called on tax defaulters not to delay in visiting the AKIRS office, remit their taxes and ask questions on issues they do not understand.

He assured that AKIRS team will continue to carry out the enforcement drive in line with international best practices.

By Ekemini Simon

busitecnews

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