The Federal Inland Revenue Service (FIRS) says it generated over N23 billion in unpaid taxes from the recently suspended restriction on the corporate bank accounts of tax defaulters. Babatunde Fowler, The post FIRS generates N23bn by ‘freezing’ accounts of 3,000 tax defaulters appeared first on TheCable.
tax defaulters
IN DETAIL: Nigerians now to pay tax on foreign income and assets — or face the law
President Muhammadu Buhari on Wednesday signed an executive order directing Nigerian taxpayers to voluntarily declare and pay tax on their offshore assets. The new executive order No. 8 is tagged
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FIRS chairman: We’re going after bank accounts of billionaire tax defaulters
Tunde Fowler, chairman of Federal Inland Revenue Service (FIRS), says the service will soon go after the bank accounts of defaulting taxpayers who are billonaires. Fowler, who disclosed this at The post FIRS chairman: We’re going after bank accounts of billionaire tax defaulters appeared first on TheCable.
Fowler: Tax defaulters must pay arrears with interests, penalties
The Chairman, Federal Inland Revenue Services (FIRS), Babatunde Fowler, yesterday said Nigerians who defaulted in paying their taxes at the expiration of the grace given by the Voluntary Assets Income Declaration Scheme (VAIDS), would pay the outstanding taxes with interests and penalties. The grace given by VAIDS expired on June 30, 2018. Speaking with StateRead More
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VAIDS: FG uncovers more prominent tax defaulters
Ifeanyi Onuba The Federal Government has identified fresh defaulting taxpayers and dispatched letters to them to take advantage of the Voluntary Assets and Income Declaration Scheme in regularising their tax status. Investigation by our correspondent on Friday in Abuja revealed that fresh letters had been dispatched to many high net-worth individuals to come forward and […] …