The Federal Government has filed tax evasion charges against a property company.
The Federal Government on Sunday, through a suit filed on its behalf by the Federal Inland Revenue Service (FIRS), took Well Property Development Company Limited before the Abuja Federal High Court on six counts.
In the suit, Nigeria is listed as the complainant, while Wells Property Development Company Limited is joined with nine individuals as defendants.
The company was accused of various offences including, false declaration of earnings, while carrying out taxable services, among others
The FIRS accused the firm of failure to file correct and complete income tax returns in the prescribed form and manner for the purpose of paying relevant tax administered by FIRS,
Count two stated that the firm allegedly furnished FIRS with false information regarding the company’s income
Other counts bordered on false declaration of tax returns for the years 2019 to 2022 and failure to remit all relevant taxes, which is a punishable offence under the constitution
No date has been fixed for the hearing