Nigeria

The Federal Government has launched the Voluntary Offshore Assets Regularization Scheme.

Apparently, the Executive Order No. 8 of 2018 was on Monday, October 8, 2018, signed by President Muhammadu Buhari in furtherance of the current administration's resolve to increase tax revenues ...

The increasingly complex personal, family and business-related issues being faced by high net-worth and ultra-high net-worth individuals and families require equally sophisticated solutions.

The Scheme, which encourages voluntary declaration of offshore assets, is aimed at combating money laundering and tax evasion.

A new Executive Order (008) which takes effect from 8 October 2018 has been signed by President Muhammadu Buhari.

The National Executive Council [NEC] recently approved in principle, the implementation of a Voluntary Assets and Income Declaration Scheme (VAIDS).