The Kaduna State Internal Revenue Service (KADIRS) on Thursday sealed four branches of Fidelity Bank Plc. over N43.3 million tax liabilities.
KADIRS, Legal Adviser and Board Secretary, Ms. Aisha Mohammed, who disclosed this in a press briefing with Journalists said that the branches were closed for allegedly refusing to settle outstanding tax returns of N43.3 million owed for the period 2011 to 2020.
The branches are located at Ali Akilu Road, Ahmadu Bello Way, Polytechnic Road by Maimuna Gwarzo Junction, and Kachia Road, all in the Kaduna metropolis.
“This is provided for in Section 104 (3) and (4) of the Personal Income Tax (Amendment) Act. 2011 and Section 37 (3) and (4) of Kaduna State Tax Codification and Consolidation Law, 2020 as amended.”
She added that management of the bank was served with notices of the tax assessment five times, but the state was yet to get a response.