In 2006 the Internal Revenue Service (IRS) had cause to caution the public in a series of newspaper and radio advertisements about the activities of certain unscrupulous persons who are using the name of the Internal Revenue Service (IRS) to defraud unsuspecting Foreign Investors on the internet.
The fraudsters are now demanding payment of taxes and/or commissions on financial transactions with third parties in the name of both the Internal Revenue Service (IRS) and Value Added Tax Service (VATS).
The two Revenue Agencies have noted with concern that the cyber fraud is now on the ascendancy and have indeed been extended to the VAT Service judging from complaints received by both Commissioners from persons who have fallen victim to this type of cyber fraud.
The Revenue Agencies ie IRS and VAT Service once more wishes to inform foreign investors and the public that such demand notices on the internet are NOT from the Revenue Agencies, and therefore they should not be entertained let alone be acted upon.
The public especially foreign investors are advised to contact the Commissioners or Police when they receive such mails.
COMMISSIONER, INTERNAL REVENUE SERVICE
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