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Home ยป Why we sealed commercial bank – Kaduna govt explains
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Why we sealed commercial bank – Kaduna govt explains

OsunDailyBy OsunDailyApril 24, 2024No Comments2 Mins Read
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The Kaduna Internal Revenue Service, KADIRS, said it sealed the United Bank for Africa branches in the state metropolis over alleged N14.3 million in unpaid taxes.

According to NAN, Hajiya Aysha Ahmad, the KADIRS Board Secretary/Legal Adviser, on Wednesday said the enforcement was to ensure tax compliance in the whole state with respect to withholding taxes and money agents.

โ€œWe sent so many demand notices to them. We asked them to pay the money, but they refused; we were left with no other option but to enforce it,โ€ she said.

Ahmad added that the service wants voluntary compliance with tax payments while lamenting that the defaulter had been recalcitrant.

She, however, said when the defaulters pay, the service would unseal the premises.

She added that the enforcement was part of a process to achieve the N120 billion revenue target set by the Kaduna State Government.

โ€œTo achieve a target, there is always a starting point. Sealing UBA branches in the state for tax default is our start. We are also going after all other defaulters to get what is due to the state government.

โ€œWe served them with demand notices. We have been communicating with their consultant and Headquarters. In fact, they even took us to court, and the outcome was like a win-win situation at the tax appeal tribunal.

โ€œThe court gave us directives to review our assessment, which we did, and they still did not comply. It is on the reviewed assessment we are enforcing this morning,โ€ she said.

Ahmad called on the people of the state to ensure voluntary tax compliance, describing it as a civic responsibility.


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Bank commercial explains Govt Kaduna Sealed
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