{"id":12430,"date":"2017-04-20T11:23:35","date_gmt":"2017-04-20T10:23:35","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=12430"},"modified":"2017-04-20T11:23:35","modified_gmt":"2017-04-20T10:23:35","slug":"n30bn-taxes-osun-threatens-to-shut-banks-telecoms-firms","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/n30bn-taxes-osun-threatens-to-shut-banks-telecoms-firms\/","title":{"rendered":"N30bn taxes: Osun threatens to shut banks, telecoms firms"},"content":{"rendered":"<p style=\"text-align: justify; background: #F7F7F7; margin: 0in 0in .25in 0in;\"><span style=\"font-size: 14.0pt; letter-spacing: .4pt;\">The Chairman of Osun State Board of Internal Revenue, Mr. Bicci Alli, has said the agency will begin to clamp down on companies, ventures and organisations that have refused to remit their taxes and other levies to the board.<\/span><\/p>\n<p style=\"text-align: justify; background: #F7F7F7; box-sizing: inherit; color: rgba(0, 0, 0, 0.901961); font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px; margin: 0in 0in .25in 0in;\"><span style=\"font-size: 14.0pt; letter-spacing: .4pt;\">Alli, who said this in an interview with our correspondent in Osogbo, on Wednesday, said the amount of money being owed the state was over N30bn.<\/span><\/p>\n<p style=\"text-align: justify; background: #F7F7F7; margin: 0in 0in .25in 0in;\"><span style=\"font-size: 14.0pt; letter-spacing: .4pt;\">According to him the board wants to resort to legal option to compel the defaulters to pay because it has been observed that some of them may never pay if drastic approach is not employed.<\/span><\/p>\n<p style=\"text-align: justify; background: #F7F7F7; box-sizing: inherit; color: rgba(0, 0, 0, 0.901961); font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px; margin: 0in 0in .25in 0in;\"><span style=\"font-size: 14.0pt; letter-spacing: .4pt;\">The new chairman said the agency had been sensitising the people of the state to the need to pay taxes and other rates to the state because the government needed to provide infrastructure and execute its projects to make life better for the people.<\/span><\/p>\n<p style=\"text-align: justify; background: #F7F7F7; box-sizing: inherit; color: rgba(0, 0, 0, 0.901961); font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px; margin: 0in 0in .25in 0in;\"><span style=\"font-size: 14.0pt; letter-spacing: .4pt;\">He expressed sadness that some business organisations were always ready to circumvent the law, adding that the board would no longer allow this to continue.<\/span><\/p>\n<p style=\"text-align: justify; background: #F7F7F7; box-sizing: inherit; color: rgba(0, 0, 0, 0.901961); font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px; margin: 0in 0in .25in 0in;\"><span style=\"font-size: 14.0pt; letter-spacing: .4pt;\">Alli stated, \u201cWe are being owed over N30bn now but we have sent letters to the companies and organisations owing us that we will start closing them down beginning from next week. We have given them ultimatum.<\/span><\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p style=\"text-align: justify; background: #F7F7F7; box-sizing: inherit; color: rgba(0, 0, 0, 0.901961); font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px; margin: 0in 0in .25in 0in;\"><span style=\"font-size: 14.0pt; letter-spacing: .4pt;\">\u201cWe are working with the judiciary to get the warrant to shut them; and after closing them down, we won\u2019t open them until they pay up. We will not do anything illegal but we will not allow those who have refused to pay to continue doing business.<\/span><\/p>\n<p style=\"text-align: justify; background: #F7F7F7; box-sizing: inherit; color: rgba(0, 0, 0, 0.901961); font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px; margin: 0in 0in .25in 0in;\"><span style=\"font-size: 14.0pt; letter-spacing: .4pt;\">\u201cThey have taken Osun State for a fool for long and they think we are not serious, but we will show them that we are serious. Some of what we are being owed are deductions from their staff, which they have not remitted.<\/span><\/p>\n<p style=\"text-align: justify; background: #F7F7F7; box-sizing: inherit; color: rgba(0, 0, 0, 0.901961); font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px; margin: 0in 0in .25in 0in;\"><span style=\"font-size: 14.0pt; letter-spacing: .4pt;\">\u201cThose owing us cut across every sector \u2013 banks, telecommunication companies, hospitals, schools and so on. They cannot try this in other states but they are trying it here.\u201d<\/span><\/p>\n<p style=\"text-align: justify; background: #F7F7F7; box-sizing: inherit; color: rgba(0, 0, 0, 0.901961); font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px; margin: 0in 0in .25in 0in;\"><span style=\"font-size: 14.0pt; letter-spacing: .4pt;\">Alli explained that the state needed to generate more funds and stop its reliance on the allocation accruing to it from the federation account because of the dwindling nature of the allocation.<\/span><\/p>\n<p style=\"text-align: justify; background: #F7F7F7; box-sizing: inherit; color: rgba(0, 0, 0, 0.901961); font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px; margin: 0in 0in .25in 0in;\"><span style=\"font-size: 14.0pt; letter-spacing: .4pt;\">\u201cThere is no bank in Nigeria that is not represented here in Osun State because there are business opportunities,\u201d\u00a0he said<\/span><span style=\"font-size: 15.0pt; letter-spacing: .4pt;\">.<\/span><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The Chairman of Osun State Board of Internal Revenue, Mr. Bicci Alli, has said the agency will begin to clamp down on companies, ventures and organisations that have refused to remit their taxes and other levies to the board. Alli, who said this in an interview with our correspondent in Osogbo, on Wednesday, said the &hellip;<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":11,"featured_media":9065,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[17],"tags":[495],"coauthors":[2392,2393],"class_list":["post-12430","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-news","tag-osun"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>N30bn taxes: Osun threatens to shut banks, telecoms firms - National Wire<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/n30bn-taxes-osun-threatens-to-shut-banks-telecoms-firms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"N30bn taxes: Osun threatens to shut banks, telecoms firms - National Wire\" \/>\n<meta property=\"og:description\" content=\"The Chairman of Osun State Board of Internal Revenue, Mr. Bicci Alli, has said the agency will begin to clamp down on companies, ventures and organisations that have refused to remit their taxes and other levies to the board. 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