The revenue agency said it took the decision following the rising cases of willful and illegal withholding of taxes collected by companies, corporations, Ministries, Departments and Agencies as well as other agents of collection.
Those concerned are required to pay all outstanding tax liabilities to the FIRS within 30 days from the date of publication of the notice. According to the agency, the move is in line with the Section 31 of the Federal Inland Revenue Service Act, 2007 .The FIRS stated: “Sections 78, 79, 80, 81 and 82 of the Companies Income Tax Act Cap. C21, Laws of the Federation of Nigeria , 2004 and Sections 14, 15 and 16 of the Value Added Tax Act Cap.
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