Kazeem Ugbodaga
The Lagos State Government has sued 686 companies for evading tax to the tune of N11.1 billion.
The cases were filed at the High Court of Lagos in a bid to retrieve the money, says Chairman, Lagos Internal Revenue Service, Tunde Fowler, at a ministerial news conference on Wednesday in Ikeja, Lagos, southwest Nigeria.
He said out of the 686 people taken to court in 2014 for tax evasion, the court granted government order to collect taxes from 376 companies, amounting to N8.1 billion, but that only N771 million was recovered.
“We filed 686 cases at the State High Courts at the …Read More
Source:: PM Newspaper
