Wednesday, 16 July 2014

Tax Default: Crossriver Seals NTA

The premises of the Nigerian Television Authority, Channel 9 Calabar, was today sealed by the Cross River Internal Revenue Service for allegedly evading tax amounting to N42.5m from 2006 to 2012.
The order was issued by the Cross River Chief Judge, Justice Okoi Itam with the court order NO. RCT/MSC./6/2014.

The exercise was carried out by a team of IRS staff led by Mr Ata Emmanuel, who said they were acting on the directives of the Revenue Court.

It stated that the amount represented ‘outstanding tax liability payable by the Respondent to the Applicant under the PAYE deductions, and development levy for the period of 2006-2011.

Meanwhile, the General Manager of NTA Calabar,  Mr. Gbolahan Somuyiwa, has condemned the exercise.  He said, “The issue at stake has to do with tax liability. There were reconciliations, dialogue between us and the IRS and it came down to a particular amount. Actually the NTA headquarters had intervened in this matter.

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