9.2 C
New York
Saturday, April 20, 2024

Borno Gov’t Seizes UN Property Over Tax Evasion

Must read

The Borno State government on Wednesday, January 26, 2022, said that it would commence the confiscation of seven properties belonging to the United Nations agencies which are domiciled in the state over tax evasion.

Mohammed Alkali, the executive chairman Borno State Board of Internal Revenue Service (BO-IRS), affirmed this while briefing journalists in Maiduguri on Wednesday, January 26, 2022.

The affected properties are the World Health Organisation, WHO, World Food Programme, WFP, United Nations High Commission for Refugee, UNHCR, United Nations International Children Emergency Fund, UNICEF, United Nations Office for the Coordination of Humanitarian Affairs, OCHA, Food and Agricultural Organisation, FAO, and United Nations Development Programme, UNDP, with operations offices in Maiduguri.

“It is noteworthy that the aforementioned organisations are generally exempted from payment of tax from their operational funds. They are, however, mandated by law through the provisions of the personal income tax act, CAP P8 Laws of the Federation of Nigeria 2004 to remit to the state government what is known as PAYE (Pay As You Earn) with Withholding Tax (WHT) for their staff and individuals and enterprise contractors respectively.

“But unfortunately, since January 2021, all effort to make them respond positively to the demand proved abortive, thereby forcing BO-IRS to serve them with 30 days notice of seizure of property which is due to lapse on 24th February 2022 as earlier mentioned.

“This service will thereafter trigger its enforcement powers by using legitimate means to seize the properties of the agencies involved,” Alkali said.

More articles

- Advertisement -The Fast Track to Earning Income as a Publisher
- Advertisement -The Fast Track to Earning Income as a Publisher
- Advertisement -Top 20 Blogs Lifestyle

Latest article