The Tax Procedures Act, 2015

Chapter 8

Lifting the veil of incorporation (s.18)

Where an arrangement has been entered into by

  • Any director or
  • other senior officer or
  • controlling member of the company

for disabling the company from paying current or future debts they shall be jointly and severally be liable for the tax liability of the company.

Company officer shall not be held responsible if proof to the contrary is provided @2014-2021 All rights reserved
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