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Exxon Mobil, GTBank Issued Warning Over Non-Remitannce of Tax in Akwa Ibom


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The Akwa Ibom State Internal Revenue Service on Tuesday kicked off its tax recovery drive, serving warning notices to Exxon Mobil and Gtbank over non-remittance of taxes to the coffers of the State government.

According to AKIRS, ExxonMobil has defaulted in remitting the actual tax-deductible from its employees’ salaries.

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The Notices read that the organizations ” have not been remitting the actual tax-deductible from its employees’ salaries and other relevant taxes due to the State; hence failed to comply with the provisions of relevant tax laws.”

It also adds that the organisations served have seven days to comply else the Board will take legal actions at the expiration of the seven days’ notice.

The Executive Director, Enforcement and Recovery of the Board, Mr. Leo Umana who led the AKIRS team to issue the notices of default and none compliance to the defaulters said the business outfits of which notices are served are tax defaulters who have deducted taxes from their employees but refuse to remit to the State Government.

He said the board is poised on recovering to the State coffers taxes which have accrued to billions of naira as the AKIRS team will continue to carry out the enforcement drive in line with international best practices

Written by Prince Simeon

Goldenchyld is the Head Publicist and Blogger at Hypestation Nigeria. He has interest that cuts across lifestle, tech, music and other things that affect everyday living. Follow him on Twitter @goldenchylduno and @goldenchyld_ on Instagram

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