VAIDS: Buhari Extends Deadline To June 30     President Muhammadu Buhari on Wednesday approved the extension of the Voluntary Assets and Income Declaration Scheme to June 30, 2018. According to a statement by the Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, the...

N28bn Recovered From Tax Defaulters - EFCC   The Economic and Financial Crimes Commission says it has recovered N28bn from tax defaulters on behalf of the Federal Inland Revenue Service. The Spokesman for the EFCC, Mr. Wilson Uwujaren, said this in a statement on Tuesday. According to the...

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     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   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 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...