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Tag "Voluntary Offshore Assets Regularization Scheme"

‘There’ll be severe penalties’ — Buhari signs amended order on foreign assets taxation

President Muhammadu Buhari has signed an amendment to executive order 8 on voluntary offshore assets regularisation scheme (VOARS). First signed in October, 2018, the order grants offshore assets owners a

FG waives criminal prosecution for owners of undeclared foreign assets

The federal government says it will grant amnesty and permanent waiver of criminal prosecution for tax offences related to offshore assets to those willing to voluntarily declare them. Abubakar Malami,

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