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Customers stranded as Kano seals five GT branches

The affected branches include that of Murtala Muhammad Way, Wapa, Zaria Road, Bachirawa and France Road. Briefing newsmen during the exercise, the Legal Director of the agency, Barrister Bashir Yusuf Madobi, said it is the bank’s refusal to pay the accrued amount or release some of their audit reports that forced the agency to take the action. He said, “What irritated us to take this action is that right from the initial stage, we have demanded for some documents from them which they failed to honour us and give us the document. But, still the first action we will take is to still request for this documents. It is based on them that we will come with actual figure of the liability due to the KIRS.

JUST IN: Customers stranded as Kano seals five GT branches over tax evasion

Many customers were stranded on Tuesday when the Kano State Internal Revenue Service (KIRS)  sealed five branches of Guaranty Trust Bank (GTB) over tax evasion. The agency said the closure is in line with an order issued by Kano State High Court over the bank’s failure to audit and pay its taxes between 2014 and […]

Nigeria: Unity Bank, BoI, Others Challenge Taxes Imposed By Tribunal

Nigeria: Unity Bank, BoI, Others Challenge Taxes Imposed By Tribunal
allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.

Unity Bank, BoI, Others Challenge Taxes Imposed by Tribunal

By Oluchi Chibuzor Some tax payers within the North-west Zone, comprising the states of Kaduna, Kebbi, Kano, Katsina, Jigawa, Sokoto and Kano have availed themselves of the service of the Tax Appeal Tribunal (TAT) North-west Zone, sitting in Kaduna to successfully challenge arbitrary tax assessments imposed on them by the various revenue services and boards within the zone. Organisations which have recently taken their cases to the tribunal included Unity Bank, Silver Plastics, Leadway Pensure Limited, Bank of Industry, Access Bank and Kano State University of Science and Technology, Wudil. Ibrahim Boyi of Ibrahim Boyi and Company, a law firm resident in Kano, on November 11, 2020, filed before the tribunal, an appeal challenging an assessment of the sum of N118,865,475.42 imposed on Silver Plastics by the Kano State Internal Revenue Service.

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