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Tax: Defaulters In Final Rush As Amnesty Ends Tomorrow

Tax: Defaulters In Final Rush As Amnesty Ends Tomorrow   As the tax amnesty under the Voluntary Assets and Income Declaration Scheme ends on Saturday, tax defaulters are said to be making last-minute efforts to meet the March 31 deadline. The VAIDS offers a grace period from...

Expert Advises Taxpayers To Take Advantage Of VAIDS

Expert Advises Taxpayers To Take Advantage Of VAIDS     The Principal Partner, ROAC Chartered Accountants, a leading accounting and tax advisory firm, Mr. Gbenga Akinyemi, says taxpayers must take advantage of the tax amnesty being offered by the Federal Government through the Voluntary Assets and Income...

Tax: Global Body Tightens Noose Against Evaders

Tax: Global Body Tightens Noose Against Evaders   The multilateral convention to implement tax treaty related measures and Prevent Base Erosion and Profit Shifting (BEPS) will enter into force on July 1, 2018, marking a significant step in international efforts to update the existing network of...

Rivers Launches Tax Friendly Policies

Rivers Launches Tax Friendly Policies     Rivers state has commissioned Tax Management (RIVTAMIS) and issuance of Tax Identification Number (RIVTIN) as policies to eliminate difficulty in doing business. Governor Nyesom Wike launched the tax policies in Port Harcourt aimed at averting multiple taxation. He noted that the policies...

Tax Revenue Has Beeen Increased By Over N700bn Says Fowler

Tax Revenue Has Beeen Increased By Over N700bn Says Fowler   Through the deployment of Information and Communications Technology, the Federal Inland Revenue Service has been able to raise tax revenue by over N700bn in the last two years. The Executive Chairman, FIRS, Mr. Babatunde Fowler, said...

VAIDS: We Have Data On Nigerians With Hidden Assets Says Adeosun

VAIDS: We Have Data On Nigerians With Hidden Assets Says Adeosun   The Minister of Finance, Mrs. Kemi Adeosun, yesterday, declared that the Voluntary Assets and Income Declaration Scheme (VAIDS) has given the Federal Government access to data of Nigerians with hidden assets both at home...