Edo IRS seals 20 firms for unremitted taxes

The Edo State Internal Revenue Service (EIRS) has sealed over 20 companies in the Hospitality sector for alleged non-remittances of the consumption taxes collected on behalf of the state government.

oshiomhole

Addressing reporters in Benin, the Director of Tax Intelligence and Enforcement Department of EIRS, Mr. Victor Okube, said over 70 companies in the sector had been identified for failing to comply with the Hotels and Event Centres Occupancy and Restaurants Consumption Law of Edo State, otherwise called the Consumption Tax.

Okube said: “The establishments sealed off include Royal Kada Fried, De Mariot Hotel Limited, Meridian Lodge, Koso International Hotel, Anna Vinni Bar and Restaurant, Indigo Lounge, Dema Suit and Hotel, Aso Phil Carwash and Bar, Hotel De Eto and Tomline Royal Centre.

The director said the enforcement was meant to ensure that operators in the sector complied with the state’s tax law, which became effective in 2011.

He added that the agency’s cashless collection and payment policy was still in force.

Okube said collection agents of the sealed establishments should remit the consumption taxes into designated Internally Generated Revenue (IGR) bank accounts or pay via Point of Sales (PoS) machines with Automated Teller Machine (ATM) cards.

He urged them to obtain government treasury receipts on presenting bank tellers for payments.

Edo IRS seals 20 firms for unremitted taxes