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Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) (34437 Views)

Buhari Signs Amendment To Executive Order 008 On VOARS / Buhari Signs Law Stopping VPs Who Complete President’s Tenure / Atiku Reacts As Buhari Signs "Not Too Young To Run" Bill (2) (3) (4)

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Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by ITbomb(m): 10:19pm On Oct 10, 2018
Buhari has lost it.

This is why law making should be left for law makers, not Dictators

5 Likes 1 Share

Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by Nobody: 10:19pm On Oct 10, 2018
A lifeless President with lifeless ideas!

7 Likes

Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by abbey621(m): 10:19pm On Oct 10, 2018
I thought GEJ was clueless, this man makes GEJ look like Einstein. Anyways election is coming, they need money for campaign and other yam eating activities grin grin grin

13 Likes

Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by cinoedhunter: 10:20pm On Oct 10, 2018
Buhari... the witch hunter .... angry Atiku now ur target abi

1 Like

Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by laffwitmi: 10:22pm On Oct 10, 2018
holyidol:
A lifeless President with lifeless ideas!

6 Likes

Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by Just2endowed2(m): 10:23pm On Oct 10, 2018
Nbote:
Lolzzz... With each passing day dis govt jus proves how absolutely clueless dey are... How do U expect to collect taxes on properties in other countries? Are U d one providing infrastructures and facilities those properties enjoy?

Bros I taya

4 Likes

Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by Okoroawusa: 10:24pm On Oct 10, 2018
Racoon:
What utter cluelessness! Violating the sovereignity of a country by coming to collect tax therein? Are Nigerians residing off-shore not paying taxes already to their host countries

See how the president is disgracing Nigeria still by exporting his cluelessness internationally This will definitively lead to diplomatic row with any country concerned.Any wonder he have F9 in economics and maths? cry
Mr,Man,if u don't understand something u better shut up n wait let people that understand explain in the first 2 pages of a thread then later u can comment.

7 Likes

Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by iammo(m): 10:24pm On Oct 10, 2018
grin thrash, them one help naija boys hustle for abroad ni? Abi why person go struggle escape naija, con still dey pay 35% values of all him asset back to naija .... Asewo for italy, and our malay boys wey get asset fit curse this man. Firstly he signed the executive order6 to forfeit asset before conviction meaning police fit stop you for street acuse you of Yahoo, and seize your muscle camry and iPhone, till the year court case go say you are inocent after many adjournment, since poeple no talk then this nonsense...... This man funny walai undecided

6 Likes 1 Share

Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by litaninja(m): 10:27pm On Oct 10, 2018
2019 go do this person like feem trick

2 Likes

Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by Akinz0126(m): 10:27pm On Oct 10, 2018
unitysheart:


Before you rant, check if USA and other countries do the same.

Google is your friend.


And they suddenly remember what the USA does Chai



I usually wonder if you lot have something meaningful to do order than defending the undefendable..

Can you please tell us how other agencies anti graft agencies work over their and how the current ones over here also carry out their functions since it now time for juxtaposition.

They suddenly realized they can use USA as a yardstick to nail their nightmere

7 Likes

Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by majasaint: 10:28pm On Oct 10, 2018
FarahAideed:
Buhari has gone mad ...The executive order is not even clear at all? Is it targeted at assets made from earnings in Nigeria ( earnings already taxed in Nigeria) or Asset owned offshore as result of income earned offshore ? Buhari is not sensible at all!!!

This is Clearly a ploy to arrest and lock up Atiku for Tax evasion ........I can read the dullard like a book

Buhari gets madder by day!!
what an utter bunkum of the highest order.

I sighand give up

4 Likes

Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by vincixpresso: 10:29pm On Oct 10, 2018
FarahAideed:
Buhari has gone mad ...The executive order is not even clear at all? Is it targeted at assets made from earnings in Nigeria ( earnings already taxed in Nigeria) or Asset owned offshore as result of income earned offshore ? Buhari is not sensible at all!!!

This is Clearly a ploy to arrest and lock up Atiku for Tax evasion ........I can repad the dullard like a book

You are wise

2 Likes

Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by Eagba(m): 10:31pm On Oct 10, 2018
Racoon:
What utter cluelessness! Violating the sovereignity of a country by coming to collect tax therein? Are Nigerians residing off-shore not paying taxes already to their host countries

Will this misplace policy applies to foreign multi-conglomerate companies doing business in Nigeria with branches/headquarters oversea e.g.MTN, Shopright, UAC etc?

See how the president is disgracing Nigeria still by exporting his cluelessness internationally This will definitively lead to diplomatic row with any country concerned.Any wonder he have F9 in economics and maths? cry
word fire am word, correct guy fire fg. But wait o actually I think the joke is on you. America still collect expatriate tax on its foreign citizens. Now who is disgracing who?

4 Likes

Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by HomeOfMe(f): 10:32pm On Oct 10, 2018
FarahAideed:
Buhari has gone mad ...The executive order is not even clear at all? Is it targeted at assets made from earnings in Nigeria ( earnings already taxed in Nigeria) or Asset owned offshore as result of income earned offshore ? Buhari is not sensible at all!!!

This is Clearly a ploy to arrest and lock up Atiku for Tax evasion ........I can read the dullard like a book
The man does not want competition. He wants to be the only person Nigerians should vote.

2 Likes 1 Share

Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by femo86(m): 10:32pm On Oct 10, 2018
AntiWailer:
Last card ,



Check up

Pick 2 jare

Which kain Check up

3 Likes

Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by Softhands(m): 10:32pm On Oct 10, 2018
Very very soon, Buhari will start taxing cryptocurrencies...

1 Like

Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by chloride6: 10:34pm On Oct 10, 2018
OkaNaUbe:
How possible? Is it within Nigeria's jurisdiction to tax offshore assets


Maybe you will collect it from Daura.

Yes it is.

You pay taxes where you live.

3 Likes

Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by Jaideyone(m): 10:35pm On Oct 10, 2018
see a lot of illiterates insulting buhari when it's obvious developed countries have similar laws


a simple Google search could have saved this multitude from embarrassing themselves.


btw 99.9999% of the people crying don't even own a pin abroad o grin


https://www.telegraph.co.uk/finance/personalfinance/expat-money/9760320/How-to-escape-the-offshore-property-tax-trap.html

https://international-adviser.com/surprise-dip-offshore-held-property-tax/


https://www.which.co.uk/money/tax/income-tax/tax-on-property-and-rental-income/tax-on-overseas-property-acq0f5m4vw5v

12 Likes 3 Shares

Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by legibow: 10:35pm On Oct 10, 2018
OkaNaUbe:
How possible? Is it within Nigeria's jurisdiction to tax offshore assets


Maybe you will collect it from Daura.
what.... D president must hear dis....
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by Nobody: 10:38pm On Oct 10, 2018
chloride6:


Yes it is.

You pay taxes where you live.


Oga, you don't get it. The lifeless one is taxing Nigerians of their assets in foreign countries. This is clearly targeted at Atiku but they will fail.


By the way, are you ATIKULATED? Any better candidate to oust Buhari gets my support.

4 Likes 2 Shares

Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by Write4me(m): 10:38pm On Oct 10, 2018
OkaNaUbe:
How possible? Is it within Nigeria's jurisdiction to tax offshore assets


Maybe you will collect it from Daura.

Check this book for the possibilities. TAXATION 101

2 Likes

Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by giles14(m): 10:38pm On Oct 10, 2018
BeeBeeOoh:


https://www.premiumtimesng.com/news/top-news/289586-just-in-buhari-signs-new-executive-order-to-collect-taxes-on-foreign-assets-of-nigerians.html
Father lord we know we have wronged so badly but this load of president you gave will soon break our neck we besiege you to please come lift it off, baba God abeg throw away make your children see life live.


bubu a wise Igbo saying goes that you can't live in your house and be a lord/king over your neighbor's house.

which one be collecting of tax on foreign assets of Nigerians.
abeg take am easy dey fall our hands.

1 Like

Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by Ogaga87(m): 10:39pm On Oct 10, 2018
Oloshi
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by Nobody: 10:39pm On Oct 10, 2018
legibow:
what.... D president must hear dis....


Ok o. Tell him at Daura.
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by babadee1(m): 10:39pm On Oct 10, 2018
If there is no law passed by the national assembly backing this action then it is null and void. The govt cannot collect new taxes based on executive orders.

2 Likes

Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by chloride6: 10:40pm On Oct 10, 2018
OkaNaUbe:


Oga, you don't get it. The lifeless one is taxing Nigerians of their assets in foreign countries. This is clearly targeted at Atiku but they will fail.


By the way, are you ATIKULATED? Any better candidate to oust Buhari gets my support.

I fully understand the law and it is a good one .

It is not targetted at Atiku. Dangote's Foreign assets far exceed Atiku's own.

7 Likes

Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by JayMarx: 10:42pm On Oct 10, 2018
Jaideyone:
see a lot of illiterates insulting buhari when it's obvious developed countries have similar laws


a simple Google search could have saved this multitude from embarrassing themselves.


btw 99.9999% of the people crying don't even own a pin abroad o grin


https://www.telegraph.co.uk/finance/personalfinance/expat-money/9760320/How-to-escape-the-offshore-property-tax-trap.html

https://international-adviser.com/surprise-dip-offshore-held-property-tax/


https://www.which.co.uk/money/tax/income-tax/tax-on-property-and-rental-income/tax-on-overseas-property-acq0f5m4vw5v

Before you embarass yourself further. Those countries put the life of their citizens above everything. When did you hear that an American is hanged in Indonesia for traficking? Do you think they don't. What's the protection that Nigeria gives her citizen that are abroad.
INTELligent people know that he's Articulating a plan.

6 Likes

Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by Basher8583: 10:43pm On Oct 10, 2018
Racoon:
What utter cluelessness! Violating the sovereignity of a country by coming to collect tax therein? Are Nigerians residing off-shore not paying taxes already to their host countries

Will this misplace policy applies to foreign multi-conglomerate companies doing business in Nigeria with branches/headquarters oversea e.g.MTN, Shopright, UAC etc?

See how the president is disgracing Nigeria still by exporting his cluelessness internationally This will definitively lead to diplomatic row with any country concerned.Any wonder he have F9 in economics and maths? cry
Olodo kids everywhere. Have you heard of FATCA. Just google it. Olodo on social media

9 Likes 1 Share

Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by legibow: 10:44pm On Oct 10, 2018
OkaNaUbe:



Ok o. Tell him at Daura.
e never sleep self.... Lemme come and go and tell sell

1 Like

Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by Algaddaf: 10:44pm On Oct 10, 2018
PDP losers thought we won't participate in the election cause of no candidates in all levels Lol.
Come 2019 Zamfara will vote Buhari
Only Ipob and thieves across the country will vote that International Criminal.

4 Likes 2 Shares

Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by jabolo(m): 10:45pm On Oct 10, 2018
Is the lack of comprehension displayed here a sign of the general malaise in our educational system, or political fingers in ears singing 'nanananana'?

If you are a Nigerian taxpayer, you are obliged to pay taxes on your worldwide income. That is a primary responsibility. If you've paid tax already on that income, you have bilateral or multilateral double taxation arrangements to provide set offs. Perfectly normal everywhere else except many African countries have not got round to it yet.

How the hell do you grow non-oil revenues when leakages as these are not plugged?

Adeosun's legacy is the army of smart young and motivated Nigerians prowling the corridors of the Ministry of Finance so its not Buhari cooking up some dastardly plot against political opponents.

If you prefer that comforting illusion, and get your daily anger vent from such regardless, ok, I see, carry on.

17 Likes 3 Shares

Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by Basher8583: 10:45pm On Oct 10, 2018
JayMarx:


Before you embarass yourself further. Those countries put the life of their citizens above everything. When did you hear that an American is hanged in Indonesia for traficking? Do you think they don't. What's the protection that Nigeria gives her citizen that are abroad.
INTELligent people know that he's Articulating a plan.
See what this thing is writing...There's no excuse for your dullness. Please just wear it with pride.

7 Likes 1 Share

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