Voluntary Assets and Income Declaration Scheme (VAIDS)

VAIDS only upped tax base, not revenue—FIRS

2 min read

Industry

VAIDS only upped tax base, not revenue—FIRS

Business Hilights July 12, 2019

The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Babatunde Fowler, has opened up on the true...

FG’s VAIDS only achieved 10% success with huge cost—Fasua

3 min read

Banking/Investments

FG’s VAIDS only achieved 10% success with huge cost—Fasua

Business Hilights April 26, 2019

Fresh insights have emerged on the failure of the Federal Government’s success target on Voluntary Assets and...

Buhari cedes to PEPs outcries, extends VAIDS deadline to June 30

2 min read

Industry

Buhari cedes to PEPs outcries, extends VAIDS deadline to June 30

Business Hilights April 12, 2018

Considering unprecedented pleas from supposedly politically exposed persons (PEPs) and business leaders who had issues in approaching...

VAIDS, tax amnesty deal to yield a total of N23bn in 6 months—Fowler

2 min read

Banking/Investments

VAIDS, tax amnesty deal to yield a total of N23bn in 6 months—Fowler

Business Hilights December 13, 2017

The Executive Chairman of the Federal Inland Revenue Service (FIRS), Mr. Babatunde Fowler has revealed that the...

Sanctions await tax defaulters’ who failed to comply with VAIDS – FG

1 min read

ICT

Sanctions await tax defaulters’ who failed to comply with VAIDS – FG

Business Hilights November 9, 2017

The federal government is still tightening its strategic efforts to capture everybody in its massive tax net,...

Only technology can capture SMEs into Nigerian tax basket—IMF

2 min read

Banking/Investments

Only technology can capture SMEs into Nigerian tax basket—IMF

Business Hilights November 1, 2017

The International Monetary Fund (IMF) has argued that beyond tax reforms targeting mega businesses, “Another way Nigeria’s...

Voluntary Assets and Income Declaration Scheme (VAIDS)

VAIDS only upped tax base, not revenue—FIRS

With structures in place, we expect 45m Nigerians in tax net by July—FIRS

FG’s VAIDS only achieved 10% success with huge cost—Fasua

Buhari cedes to PEPs outcries, extends VAIDS deadline to June 30

VAIDS: Only Act of NASS can establish Special Tax Courts, not ministry—Ubani

Experts blame Ministry for porous, unsecured tax campaign architecture on VAIDS

Sorrow awaits tax evaders’ who fail to take VAIDS advantage from month end—Minister

VAIDS, tax amnesty deal to yield a total of N23bn in 6 months—Fowler

Sanctions await tax defaulters’ who failed to comply with VAIDS – FG

Only technology can capture SMEs into Nigerian tax basket—IMF

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