• Wednesday, December 25, 2024
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BusinessDay

Tax reforms leave no escape route for evaders

High-income earners to enjoy VAT exemption on real estate purchase – Oyedele

Taiwo Oyedele, chairman of the Presidential Tax Reform Committee

Nigeria’s tax evaders will have a hard time when the ongoing fiscal reforms are concluded. These reforms will ensure equity and protect poor and vulnerable citizens, according to Taiwo Oyedele, chairman, Presidential Fiscal Policy and Tax Reforms Committee. In an exclusive interview with BusinessDay, Oyedele said under the new reforms, intelligence and vital data of all eligible tax payers will be linked within the Nigerian economy using the National Identity Number (NIN). “Based on the way we are designing the system, we are connectin