Total Denies Owing Akwa Ibom State Govt N25bn In Unremitted Taxes

Updated Saturday 15 July 2017 16:53

Clarifying the situation, the TEPNG, denied having the record of employees being resident in Akwa Ibom State and that it does not maintain any office or operational base in the State.
“Based on the extant Tax Laws of Nigeria, TEPNG is not under any obligation to remit Personal Income Tax to the Akwa Ibom State Internal Revenue Service (AKSIRS).

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‘‘With regard to the claim for Withholding Tax (WHT) by the state, TEPNG’s position is that the claim was made in error given the fact that the company had since remitted all WHT deducted from payments made to contractors resident in Akwa Ibom State. As a matter of fact, AKSIRS is yet to issue TEPNG with treasury receipts and WHT credit notes for the remittances already made, ’the company said in a statement.

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