The Federal Inland Revenue Service is set to commence enforcement on tax defaulters in Nigeria.
This was contained in a notice sent to tax payers warning them to clear their taxes or face sanction.
The Notice Reads: The Federal Inland Revenue Service hereby informs all taxpayers (individuals, partnerships, enterprises, corporate organisations, ministries, departments and agencies) who are in default of payment of taxes arising from self-assessment, tax audit, tax investigation, transfer pricing audit, demand notices and any other liabilities, that the service will commence a nationwide tax enforcement exercise from 18th December, 2019 with a view to prosecuting defaulters and recovering all outstanding tax liabilities.
The taxes referred to are as follows:
1) Petroleum Profits Tax
2) Companies Income Tax
3) Value Added Tax
4) Withholding Tax
5) Tertiary Education Tax
6) NITDA Levy
7) Stamp Duty 8) Capital Gains Tax