Lagos State to Recover Unpaid Taxes Through Banks and Family Members

The Lagos State Internal Revenue Service (LIRS) has issued a public notice stating its intention to recover outstanding tax liabilities from defaulting taxpayers in Lagos State. The LIRS will utilize its statutory powers to substitute for defaulting taxpayers.

This enforcement action will target various entities, including banks, family members, tenants, debtors, and business partners holding money on behalf of taxpayers. Failure to comply with the notice could lead to legal penalties.

The move aims to enhance tax compliance, improve revenue generation, and fund development projects and public services in Lagos State. Stakeholders are urged to familiarize themselves with the provisions of the law to avoid legal consequences.