The Ekiti State Government yesterday sealed off the
construction site of a Chinese firm at Ado-Ekiti, over an alleged N71.761m tax
default.
The Chairman of the State Internal Revenue Agency, Mr. Isola Akingbade, who led an enforcement team to the site, explained that the action was consequent upon the failure of Hongye Ampic Concept Ltd to comply with the Personal Income Tax Act, PITA, of 2006.
Akingbade stressed that the agency followed due process, adding that the action was carried out after a court order was duly obtained.
According to him, several earlier efforts were made to ensure payment of the tax due after it was discovered through a tax audit that the company was heavily indebted to the state government.
The IRS boss, who condemned the nonchalant attitude of many foreign contractors to payment of taxes, said that such unwholesome position was not acceptable in their home countries and cautioned that government would no longer tolerate tax evasion.
Akingbade wondered why a company whose fleet of heavy duty trucks enormously contributed to the incessant damage of roads constructed with taxpayers’ money in the state, would evade tax.
He warned that the site would not be reopened until the company paid the outstanding tax debt and appealed to individuals and corporate organisations affected by the development to prevail on the tax defaulters to obey the laws of the land.
The chairman praised tax payers and emphasised the need for defaulters to repent in order to enable government have funds to fulfill its obligation to the people and develop the society.
Meanwhile, the state governor, Dr. Kayode Fayemi, has flagged off the construction of Ikere- Ondo state boundary dualisation project aimed at ameliorating the plight of commuters who ply Ado- Akure road.
The governor said while inaugurating the dualisation of the federal road, which is in a deplorable condition, was in demonstration of the commitment of his administration to infrastructure development as enshrined in the eightpoint agenda.
Fayemi, who said the project was in fulfillment of his promise to the people, said his government desired to dualise all the major roads leading to the state, even as the engineering designs of Ado-Ijan and Ado-Iyin-Igede roads had been prepared.
The Chairman of the State Internal Revenue Agency, Mr. Isola Akingbade, who led an enforcement team to the site, explained that the action was consequent upon the failure of Hongye Ampic Concept Ltd to comply with the Personal Income Tax Act, PITA, of 2006.
Akingbade stressed that the agency followed due process, adding that the action was carried out after a court order was duly obtained.
According to him, several earlier efforts were made to ensure payment of the tax due after it was discovered through a tax audit that the company was heavily indebted to the state government.
The IRS boss, who condemned the nonchalant attitude of many foreign contractors to payment of taxes, said that such unwholesome position was not acceptable in their home countries and cautioned that government would no longer tolerate tax evasion.
Akingbade wondered why a company whose fleet of heavy duty trucks enormously contributed to the incessant damage of roads constructed with taxpayers’ money in the state, would evade tax.
He warned that the site would not be reopened until the company paid the outstanding tax debt and appealed to individuals and corporate organisations affected by the development to prevail on the tax defaulters to obey the laws of the land.
The chairman praised tax payers and emphasised the need for defaulters to repent in order to enable government have funds to fulfill its obligation to the people and develop the society.
Meanwhile, the state governor, Dr. Kayode Fayemi, has flagged off the construction of Ikere- Ondo state boundary dualisation project aimed at ameliorating the plight of commuters who ply Ado- Akure road.
The governor said while inaugurating the dualisation of the federal road, which is in a deplorable condition, was in demonstration of the commitment of his administration to infrastructure development as enshrined in the eightpoint agenda.
Fayemi, who said the project was in fulfillment of his promise to the people, said his government desired to dualise all the major roads leading to the state, even as the engineering designs of Ado-Ijan and Ado-Iyin-Igede roads had been prepared.
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