81 False Statements and Returns

A Person who:

(a) for the purpose of obtaining any Deduction, Set off, Relief or Repayment in respect of Tax for such Person or any other Person or who in any Statement or Returns, Account or Particulars made or furnished with reference to Tax, knowingly makes any false Statement or Representation; or

(b) aids, abets, assists, counsels, incites or induces any other Person to:

(i) make or deliver any false Statement or Returns under the Revenue Code;

(ii) keep or prepare any false Accounts or Particulars concerning any Income on which Tax is payable under the Revenue Code; or

(iii) unlawfully refuse or neglect to pay Tax; commits an Offence and is liable on Conviction to a Fine of ₦200,000.00 (Two Hundred Thousand Naira) and 100% of the amount of Tax unpaid or to Imprisonment for a Term not exceeding Five (5) Years or to both such Fine and Imprisonment.