Additional N6bn Targeted By FG Through VAIDS The federal government has estimated that it intends to rake in an additional N6 billion from the implementation of the Voluntary Assets and Income Declaration Scheme (VAIDS) before the end of the year. The sum is in addition to...

Survey: US Companies Contributed N34bn To Nigeria’s Tax Revenue A recent Economic impact survey of United States companies operating in Nigeria has shown that such business interests contributed over N34.4 billion to the nation’s tax revenue in 2016. The details were contained in a report presented...

FG To Target Tax Evaders Come April The Minister of Finance, Mrs Kemi Adeosun, has disclosed that the Federal Government would aggressively go after tax evaders from next April when the grace period for voluntarily assets and income declaration would have been over. She announced that...

Companies’ Tax Profiles Under Review- FG The Minister of Finance, Mrs. Kemi Adeosun, has said the Federal Government is reviewing the tax profiles of companies that received major payments from it in the last five years. The review is part of measures aimed at identifying those...

Vice President Prof. Yemi Osinbajo, said Africa tax administrators need to address issues relating to Base Erosion and Profit Shifting (BEPS) and increase transparency in resource mobilisation. Osinbanjo at the opening of an international conference of Africa Tax Administration Forum (ATAF), said that the continent...

The Chairman, Federal Inland Revenue Service (FIRS), Mr Babatunde Fowler says with the introduction of Voluntary Assets and Income Declaration Scheme (VAIDS), no Nigerian can evade tax payment. Fowler said this at the 138th Quarterly Meeting of the Joint Tax Board (JTB) on Monday...