Some hospitality outfits have received the hammer from the Lagos State tax authorities for failing to pay their fair share of the tax.

Over the weekend, the Lagos State Internal Revenue Service shut a total of 13 outfits including hotels, restaurants and event centers for failure to pay their taxes to the state government in accordance with the Hotel Occupancy and Restaurant Consumption Laws of Lagos State 2009.

It was gathered that the Hotels and Restaurants were owing the state a sum of N426,976,528.87.

Also Read: How To Reduce Your Tax Burden 

Speaking on the state-wide tax enforcement exercise, at the weekend, the Director Legal Services of the LIRS, Mr Seyi Alade, warned defaulting Hotels, Restaurants and Event Centers that they would henceforth face the full wrath of the law if they failed to deduct and remit their taxes as provided by the law.

While promising to release in due course the names of the entities affected by the enforcement exercise, Alade said, "failure to deduct and remit taxes as and when due attracts very serious penalties that may lead to the sealing, seizure of the goods and chattels and criminal prosecution of principal officers of recalcitrant entities".

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