Tag: Tax Defaulters
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FIRS begins nationwide crackdown on tax defaulters
Nigeria’s Federal Inland Revenue Service (FIRS) is set to begin massive crackdown on tax defaulters nationwide on Wednesday. Wahab Gbadamosi, FIRS spokesman said the body had served a seven-day notice to tax defaulters, with a warning that it would soon begin a nationwide tax enforcement to bring tax defaulters to book. The Acting Executive Chairman…
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FIRS orders banks to divert funds of tax defaulters into Federation Account
High-profile tax defaulters got a 30-day window to regularise their tax status with the Federal Inland Revenue Service (FIRS), failing which they risk forfeiting the tax equivalent directly from their bank accounts to the Federal Government The FIRS Executive Chairman, Tunde Fowler who dropped the hint on the Nigerian Television Authority (NTA) programme – Platform,…
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FG launches VAIDS in Enugu, set to clamp down on tax defaulters
The Federal Government on Thursday launched Voluntary Assets and Income Declaration Scheme (VAIDS) in Enugu with renewed commitment to clamp down on tax defaulters. VAIDS is a time limited opportunity for taxpayers to regularise their status relating to previous tax periods. Tax payers are expected to within the period which terminates on March 31, 2018,…