Saturday, 5 May 2018

Tax evasion: OAU faults Osun government’s claim

The management of Obafemi Awolowo University, OAU, Ile-ife has debunked the claim by the Osun State Internal Revenue Service, IRS, that the university is owing the sum of N1.8 bn in tax, which led to its closure recently.

This was contained in a statement signed by the Public Relations Officer of OAU, Mr Biodun Olanrewaju, a copy of which was made available to newsmen in Osogbo on Saturday.
The university management explained that the past tax liability, which represented the sum by which the IRS claimed that the university under-deducted from staff salaries for the period 2015 and 2016 for PAYE, has been a subject of negotiations between the university and the State IRS.
The university administration vehemently disputed the figure of N1.844 billion submitted by the IRS and insisted that if there had been under-deduction at all, only the sum of N287 million was the amount by which PAYE was under-deducted from staff salaries.
“Members of the University and other stakeholders no doubt are embarrassed by the event of Wednesday, 2nd May, 2018 when the Osun State Government sealed off the main Gate of the University and the University Secretariat due to an alleged tax default by the University.
“It has become necessary to react to the claims of the State Government and Andy/ misinformation and total falsehoods making the rounds in the community in the aftermath of that unfortunate incident.

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