The Chairman, Federal Inland Revenue Services (FIRS), Babatunde Fowler, on Wednesday said that tax defaulters who failed to take advantage of the Voluntary Assets and Income Declaration Scheme (VAIDS) amnesty, would pay the outstanding taxes with interests and penalties. He gave this hint during his interaction with State House correspondents after a session with the […]
The Federal Government is set to commence a voluntary offshore voluntary asset repatriation scheme in furtherance of its current efforts to curb corruption and boost revenue generation potentials of the country. Already, arrangements are being made by government to partner foreign experts, comprising legal practitioners and others in Switzerland who will serve as consultants in […]
Apparently concerned about the negative implications of abuses for the current’s efforts to boost the nation’s tax revenue profile, the Federal Government today advised tax payers to demand for written notice whenever tax officials are asking them to pay their tax liabilities. The Minister of Finance, Mrs. Kemi Adeosun, who gave the advice in a […]