Tax Default: Nigeria Govt. to seize, sell 2000 property in Abuja
Abuja, Nigeria. Dec. 8, 2017 (AltAfrika)-The Federal Government has taken a new measure to punish tax avoiders, especially as it is about to impound more than 2,000 properties in Abuja as the owners defaulted in paying their taxes.
According to Tunder Fowler, the Chairman of the Federal Inland Revenue Service Commission, property owners in Abuja will lose them if they refuse to comply to pay tax on them.
Mr. Fowler who spoke in Abuja at the media training organised on Voluntary Assets and Income Declaration Scheme (VAILDS), added that “If an organisation is making money off you and I; they are selling their properties to us, they are making profits or if individuals: are providing services and making money off you and I: don’t you think they should pay tax?
“We, as a revenue board still have a job to do. The opportunity to come under VAIDS is there. Since VAIDS was launched, we have seen over 2000 properties in Abuja that have ownership of corporate organizations that have not filed any tax, have not paid any tax.
The FRSC boss further clarified that the commission had allowed defauters notice which would be shortly be involving legal action to seize their properties, sell them to settle their outstanding tax. “If there is any change, we will refund the change to them.”