The Minister of Finance, Mrs. Kemi Adeosun, will on March 1 lead a Federal Government delegation to a stakeholders’ symposium on the Voluntary Assets and Income Declaration Scheme in Kaduna.
The symposium is being hosted by the Kaduna State Government and will be attended by Governor Nasir el-Rufai; Executive Chairman, Federal Inland Revenue Service, Mr. Babatunde Fowler; members of the Kaduna State Executive Council and House of Assembly; and traditional rulers.
Also expected at the tax amnesty sensitisation forum, according to a statement issued by the FIRS, are business leaders, business owners and groups, tax advisers, captains of industries as well as professional and artisan bodies, among other strategic economic groupings within Kaduna State and environs.
The statement noted that the VAIDS symposium was aimed at promoting greater public understanding of the procedure for the tax amnesty scheme.
“The one-day stakeholder engagement event by the Federal Internal Revenue Service and the Federal Ministry of Finance, in collaboration with the Kaduna State Government, is aimed at forging mutually beneficial cooperation between the government and diverse socio-economic interest groups for the success of the VAIDS scheme,” the FIRS stated.
The statement quoted the Adeosun as stating that regular tax payment by Nigerians was fundamental to the growth and development of the country.
Adeosun noted that predictable tax revenue inflow would lead to more investment by the federal and state governments in infrastructure as well as job and wealth creation across the nation.
The minister urged taxpayers to take advantage of the VAIDS opportunity to regularise their tax profiles, adding that tax defaulters would be subjected to investigation as well as made to face criminal prosecution for tax offences upon the close of the amnesty window.
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