Economy News Osun

Tax Default: OIRS Clamps Down On Private Schools

Tax Default: OIRS Clamps Down On Private Schools
  • PublishedJune 4, 2017

Again, in its bid to galvanise compliance with the states tax policy, the Osun Internal Revenue Service (OIRS) has clamped down on some defaulting private schools in the state and shut 19 of them.
The exercise which took officials of the states internal revenue agency to both Osogbo and Ikirun zones of the state was aimed at effecting total business lockdown for educational institutions in the secondary, primary and nursery categories.
The lockdown according to the officials of OIRS were for defaulters in the following categories: defaulters who did not register their schools; defaulters who did not upgrade their secondary school section; schools which defaulted in Pay As You Earn (PAYE) tax of their staff; defaulters in payment of Direct Assessment of their school proprietor/proprietress and defaulters in payment of their business premises.
Among the affected 19 schools were; Good Tidings College,Osogbo; Golf International School, Osogbo; Cypress college, Osogbo; Esteem College, Olorunsogo; Canaan Glory Secondary School, Ofatedo; Alex Duduyemi College; Chris Ade International School; Excel Nur/Pry School, Providence Secondary School Ikirun; Almedina School, Iwo; Blessing School, Iwo; Good News Nur/pry School; Oluwemimo International Nur/Pry School; Adetag School, Ikirun; Glory land Nur/Pry School; Aramonh Nur/Pry School, Iragbiji; Merciful God Model School; With God Comprehensive High Sch and Precious Nur/Pry School.
The Acting Chairman of the OIRS, Mr Bicci Alli, said the defaulters were properly served notices ahead of the mass enforcement, saying the agency would also clampdown on other defaulting organisations across the state within the five tax zones of the state in order to compel them to pay and shore up the states revenue base.

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