Nigeria:
FIRS To Go After Directors, Managers And Company Secretaries For Their Company's Tax Liabilities
22 August 2019
PwC Nigeria
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The FIRS today released a public notice threatening to go after
the directors, managers, secretaries and other persons concerned
with the management of companies to recover tax liabilities owed by
their companies where such organisations fail to regularize the
lien placed on their bank accounts by the FIRS within 30 days of
the FIRS Notice.
The FIRS is relying on sections 31, and 49(2)(a-d) of the FIRS
Establishment Act to support its planned action.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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