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VAIDS Made Simple for Tax Professionals and Tax Payers

The then Acting President, Professor Yemi Osinbajo, SAN, GCON established the Voluntary Assets and Income Declaration Scheme (” VAIDS ” or the “Scheme”) vide the Executive Order No. 004 of 2017 (the “Order”). VAIDS is a time-limited opportunity for taxpayers to regularize their tax status relating to previous tax periods. InRead More …

Nigerian Government Obtains List of 500 Elite Tax Defaulters

The Nigerian government has obtained a list of 500 tax defaulters who may have potentially lied on their tax returns. This revelation was made by the Minister of Finance, Mrs Kemi Adeosun during the National Executive Council meeting on Thursday, 23 November 2017.