New tax law targets celebrities, individuals who show off on social media and may get up 5-year jail term for evasion
For over 15-months, highly qualified agents of the federal ministry
of finance have worked with the banks, Nigeria Financial Intelligent
Unit (NFIU), bureau de change (BDCs), Corporate Affairs Commission
(CAC), to monitor the degree of tax compliance of many celebrities and
high net worth individuals.
The
result is the creation of Voluntary Asset and Income Declaration Scheme
(VAIDS)
Go to Source
Author: Linda Ikeji
