FIRS now seals off companies that are in tax default

      FIRS began the sealing off of  companies that have failed to comply with their tax obligations. FIRS explained that the action is only applied to companies that are clearly in default of the following;

• Failure to file VAT returns over an extended period of time. Some of the affected companies are said to have failed to file monthly VAT returns for up to 3 years.
• Failure to pay undisputed tax liability whether arising from self assessment or a tax audit.