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Tag: VAIDS

FG to name, shame and prosecute tax evaders from March 31

March 1, 2018Eben Tanimola

The Federal Government is ready to prosecute, name and shame tax evaders that fail to utilise the tax amnesty programme, the Voluntary Assets and Income Declaration Scheme (VAIDS), to regularise their tax profiles, the Honourable Minister of Finance, Mrs. Kemi Adeosun, declared on Thursday. She also disclosed that the Federal Government would strictly adhere to the […]

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FIRS to tax evaders: There will be nowhere to hide

January 24, 2018January 24, 2018Ayo Olowo

Chairman of Federal Inland Revenue, FIRS, Tunde Fowler, on Tuesday, warned tax avoiders that there is no hiding place for them when the Voluntary Assets and Income Declaration Scheme VAIDS. Fowler’s warning was contained in a keynote address at a workshop for professionals advising clients on participation in the Voluntary Assets and Income Declaration Scheme […]

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FG generates N17bn from VAIDS in 5 months

December 13, 2017Eben Tanimola

The Federal Inland Revenue Service (FIRS) says that the Federal Government has realised the sum of N17 billion from the Voluntary Asset and Income Declaration Scheme (VAIDS) inaugurated in July. Mr Babatunde Flower, the FIRS Executive Chairman, said this in Lagos on Wednesday, at a media workshop on VAIDS. Flower said that the N17 billion […]

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