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FG Targets Wealthy Nigerians In Tax Mix To Curb Revenue Shortfall

News Rangers2 years ago05 mins

LAGOS SEPTEMBER 29TH (NEWSRANGERS)-Nigeria plans to overhaul its tax system to shift more of the burden to wealthy citizens while cutting corporate taxes. The move — part of President Bola Tinubu’s reforms to overhaul the beleaguered economy – aims to lift the country’s tax take to 18% of gross domestic product within three years from…

FG To Wealthy Nigerians: Regularise Your Tax Status Or Face Serious Consequences

News Rangers7 years ago06 mins

LAGOS FEBRUARY 9TH (NEWSRANGERS)-Wealthy Nigerians who do not take advantage of the Voluntary Assets and Income Declaration Scheme (VAIDS) to regularize their tax status, would face serious consequences, the Minister of Finance, Mrs. Kemi Adeosun, has warned. According to her, the Federal Government has compiled data on property, bank accounts, shareholdings and other income sources…

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FG Targets Wealthy Nigerians In Tax Mix To Curb Revenue Shortfall

FG To Wealthy Nigerians: Regularise Your Tax Status Or Face Serious Consequences