B00M: Tax Defaulters Will Pay 50% Of Disputed Amount Before Court Hearing - FIRS
Faith Ukanwa
Jun 14, 2021
The Federal Inland Revenue Service (FIRS), said any tax defaulter who wish to sue the Service to court, must pay 50% of the disputed amount to the Court's account before it's hearing.
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The Executive Chairman, FIRS, Mr Muhammad Nami said this on Friday, June 11, during a public hearing organised by the House of Representatives Committee on Public Accounts investigating revenue leakages arising from tax waivers and incentives to foreign companies granted pioneer status.
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According to Nami, this development is in accordance with a recent Practice Direction issued by the Chief Judge of the Federal High Court, Abuja, Hon. Justice John Terhemba Tsoho, under Order 57 rule 3 of the Federal High Court (Civil Procedure) Rules, 2019.
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He said that the new directive took effect from May 31 2021.
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"We have gotten several amendments to our tax laws which require companies operating in the Free Trade Zones to file tax returns on their operations to the FIRSÔÇØ, he added.
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— Faith Ukanwa