Business Hilights

Tracking Nigeria's Headline Business News Online

Voluntary Offshore Assets Regularisation Scheme’ (VOARS)

Executive Order 008 allows one-time levy of 35% on total offshore assets but…

More details have emerged on the recent Executive Order 008 entitled: ‘Voluntary Offshore Assets Regularisation Scheme’ (VOARS) signed by President Muhammadu Buhari earlier this week. The new details was extracted from the leading provision which said “Any taxpayer who truthfully…