{"id":405951,"date":"2011-04-28T23:52:26","date_gmt":"2011-04-28T23:52:26","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/04\/28\/lagos-recovers-n20bn-from-tax-defaulters\/"},"modified":"2011-04-28T23:52:26","modified_gmt":"2011-04-28T23:52:26","slug":"lagos-recovers-n20bn-from-tax-defaulters","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/04\/28\/lagos-recovers-n20bn-from-tax-defaulters\/","title":{"rendered":"Lagos recovers N20bn from tax defaulters"},"content":{"rendered":"<div readability=\"70\">\n<p>By Monsur\u00a0 Olowoopejo<br \/>LAGOS \u2014THE Lagos State Government, yesterday, said that it was able to rake in over N20 billion through tax audit exercise in 2010, adding that it was also able to increase the number of companies remitting tax to its coffers from 17,491 in 2009 to 18,148 in the year under review.<\/p>\n<p>This was disclosed by the Special Adviser to the Governor on Taxation and Revenue, Mr. Ade Ipaye, during the 2011 ministerial press briefing to commemorate the fourth year in office of Governor Babatunde Fashola.<\/p>\n<p>Ipaye said, \u201cthe fund recovered has provided the state with the opportunity to be less reliant on the allocation from the Federation Account. It also provided the state government with the needed funds to implement developmental projects across the state.\u201d<\/p>\n<p>The Special Adviser added that the state government\u00a0 through its Internal Revenue Service, LIRS, recognised four individuals and six corporate bodies for distinguishing themselves in tax compliance.<\/p>\n<p>According to him, the N20 billion that was raised by the LIRS was due to the LIRS redefined civil and globally approved strategies adopted to bring more taxable firms and individuals into the state\u2019s tax net.<\/p>\n<p>\u201cThe year in review has been interesting one as the Lagos state government continued in its efforts to increase the revenue without imposing a harsh burden on individual and corporate tax_payers.<\/p>\n<p>This we have done by further improving the efficiency of our collection processes and extending the tax net so as to bring in more people who should be paying but were not.\u201d<\/p>\n<p>Ipaye also stated that the state government in 2010 recognized in a special way four individuals and six corporate bodies for their exemplary tax compliance.<\/p>\n<\/div>\n<p>Comments are moderated. Please keep them clean and brief.<\/p>\n<\/p>\n<p>Originally posted here:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.vanguardngr.com\/2011\/04\/lagos-recovers-n20bn-from-tax-defaulters-2\/\" title=\"Lagos recovers N20bn from tax defaulters\" rel=\"noopener noreferrer\">Lagos recovers N20bn from tax defaulters<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> By Monsur\u00a0 Olowoopejo LAGOS \u2014THE Lagos State Government, yesterday, said that it was able to rake in over N20 billion through tax audit exercise in 2010, adding that it was also able to increase the number of companies remitting tax to its coffers from 17,491 in 2009 to 18,148 in the year under review. This was disclosed by the Special Adviser to the Governor on Taxation and Revenue, Mr. Ade Ipaye, during the 2011 ministerial press briefing to commemorate the fourth year in office of Governor Babatunde Fashola. <\/p>\n","protected":false},"author":0,"featured_media":405931,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":{"0":"post-405951","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Lagos recovers N20bn from tax defaulters - Ghanamma.com<\/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:\/\/www.ghanamma.com\/2011\/04\/28\/lagos-recovers-n20bn-from-tax-defaulters\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Lagos recovers N20bn from tax defaulters - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"By Monsur\u00a0 Olowoopejo LAGOS \u2014THE Lagos State Government, yesterday, said that it was able to rake in over N20 billion through tax audit exercise in 2010, adding that it was also able to increase the number of companies remitting tax to its coffers from 17,491 in 2009 to 18,148 in the year under review. This was disclosed by the Special Adviser to the Governor on Taxation and Revenue, Mr. Ade Ipaye, during the 2011 ministerial press briefing to commemorate the fourth year in office of Governor Babatunde Fashola.\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/28\/lagos-recovers-n20bn-from-tax-defaulters\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/28\/lagos-recovers-n20bn-from-tax-defaulters\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Lagos recovers N20bn from tax defaulters\",\"datePublished\":\"2011-04-28T23:52:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/28\/lagos-recovers-n20bn-from-tax-defaulters\/\"},\"wordCount\":300,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/28\/lagos-recovers-n20bn-from-tax-defaulters\/#primaryimage\"},\"thumbnailUrl\":\"\",\"articleSection\":[\"Local News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/04\/28\/lagos-recovers-n20bn-from-tax-defaulters\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/28\/lagos-recovers-n20bn-from-tax-defaulters\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/04\/28\/lagos-recovers-n20bn-from-tax-defaulters\/\",\"name\":\"Lagos recovers N20bn from tax defaulters - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/28\/lagos-recovers-n20bn-from-tax-defaulters\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/28\/lagos-recovers-n20bn-from-tax-defaulters\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2011-04-28T23:52:26+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/04\/28\/lagos-recovers-n20bn-from-tax-defaulters\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/28\/lagos-recovers-n20bn-from-tax-defaulters\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Lagos recovers N20bn from tax defaulters - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/04\/28\/lagos-recovers-n20bn-from-tax-defaulters\/","twitter_card":"summary_large_image","twitter_title":"Lagos recovers N20bn from tax defaulters - Ghanamma.com","twitter_description":"By Monsur\u00a0 Olowoopejo LAGOS \u2014THE Lagos State Government, yesterday, said that it was able to rake in over N20 billion through tax audit exercise in 2010, adding that it was also able to increase the number of companies remitting tax to its coffers from 17,491 in 2009 to 18,148 in the year under review. 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