Adeosun asks World Bank, IMF to label tax evasion as corruption

Adeosun asks World Bank, IMF to label tax evasion as corruption

Kemi Adeosun, minister of finance, has asked the World Bank and International Monetary Fund (IMF) to label tax evasion by multinational companies as “foreign corrupt practices”. Adeosun made this request The post Adeosun asks World Bank, IMF to label tax...
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Adeosun to address UN conference on tax, revenue leakages

Adeosun to address UN conference on tax, revenue leakages

Kemi Adeosun, minister of finance, will be speaking at the Platform for Collaboration on Tax Conference at the UN headquarters in New York. The conference is organised by the US, The post Adeosun to address UN conference on tax, revenue...
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Taxation: Plateau establishes special courts to try defaulters

Taxation: Plateau establishes special courts to try defaulters

Friday Olokor, Jos Governor Simon Lalong has signed into law the long-awaited Internal Revenue Harmonised Bill earlier passed by the State House of Assembly, the Chairman of Plateau State Internal Revenue Service, Dashe Arlat, has said. With the law coming int...
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Lagos moves against celebrity tax defaulters, sues Davido, AY

Lagos moves against celebrity tax defaulters, sues Davido, AY

Tofarati Ige The Lagos State Government has begun moves to tackle high-profile tax defaulters in the state and ensure high level of compliance with its tax laws. As part of this initiative, the state government has moved against some celebrities in the state, ...
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CIA warns members against tax evasion, confrontation

CIA warns members against tax evasion, confrontation

Ozioma Ubabukoh The Chartered Institute of Administration has warned its members against evading tax payment, saying that such practice may bring to ridicule, the values of the body. It also called on members of the institute to avoid all rebellious and or con...
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VAIDS: FG to seize 2,000 properties in Abuja

VAIDS: FG to seize 2,000 properties in Abuja

The federal government has said it will seize properties that are built and owned by corporate organisations from where taxes are not being paid. Babatunde Fowler, chairman of the Federal Inland The post VAIDS: FG to seize 2,000 properties in Abuja...
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VAIDS: Firms to lose 2,000 properties in FCT

VAIDS: Firms to lose 2,000 properties in FCT

Adelani Adepegba, Abuja The Federal Government is set to confiscate 2,000 properties in the Federal Capital Territory belonging to some firms following their failure to disclose the assets under the Voluntary Assets and Income Declaration Scheme. The Chairman ...
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Strengthening tax administration to check illegal financial flows, evasion

Strengthening tax administration to check illegal financial flows, evasion

In this piece, IFEANYI ONUBA examines some of the challenges facing tax administration and what can be done to address the problems tax evasion, illicit financial flows and weak tax administration are some of the major challenges facing tax administrators in A...
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Osinbajo: Africa loses three times more than its annual foreign aid to tax evasion

Osinbajo: Africa loses three times more than its annual foreign aid to tax evasion

Vice-President Yemi Osinbajo says the loss to tax evasion in developing countries, especially in Africa, is three times higher than the money the continent receives in foreign aid every year. The post Osinbajo: Africa loses three times more than its...
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Osinbajo signs executive order, says death and taxes are inevitable

Osinbajo signs executive order, says death and taxes are inevitable

Acting President Yemi Osinbajo has signed yet another executive order backing the implementation of the voluntary assets and income declaration scheme (VAIDS). The order was signed on Thursday morning atThe post Osinbajo signs executive order, says death and t...
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