Tag: LIRS
-
LASG seals 14 firms over tax evasion
The Lagos State Internal Revenue Service (LIRS) has resumed sealing of companies and hospitality firms over unpaid consumption taxes, shutting 14 firms during tax law enforcement on Wednesday. The LIRS Director of Legal Services, Mr Seyi Alade, said during the state-wide enforcement that two enforcement teams had been mobilised by the service. He noted that…
-
LIRS to commence automated collection of consumption tax for hotels, restaurants, others
In line with global best practice in the use of technology and automated solutions, the Lagos Internal Revenue Service (LIRS) has introduced recently an Electronic Revenue Assurance (ERA) System for Hotels, Restaurants, Night Clubs and Event Centres in Lagos State to elicit automatic compliance with the extant Hotel Occupancy and Restaurant Consumption Tax Law of…