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Nairaland Forum / Nairaland / General / Politics / Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) (35046 Views)
Buhari Signs Amendment To Executive Order 008 On VOARS / 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 Jaideyone(m): 11:01pm On Oct 10, 2018 |
Nbote:illiterate read through the others. if you own properties that are generating income abroad you pay taxes to the country too!!! I have about 3links!!! 5 Likes |
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by veesion: 11:01pm On Oct 10, 2018 |
CyberWolf:u dey mind am, a confused unread fellow |
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by baqina(m): 11:02pm On Oct 10, 2018 |
Some people will not allow people with reasonable experience and knowledge to talk. The topic is already on 2nd page without any meaniful contribution. I doubt if some guys understand d purported law. Some will just read d topic and start typing, even if they don't understand, it doesn't matter. We are just too aggressive in ds country. Na wa. Right questions are not being asked... Govt needs to define d "property".is it commercial or private .... I know some countries do tax offshore commercial properties of their citizens and some, on individual income.... D word property needs to be stated clearly 3 Likes |
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by Jaideyone(m): 11:03pm On Oct 10, 2018 |
CyberWolf:you are the complete illiterate!!! I repeat, the law is meant to take money from the rich and better the lives of the poor. I bet you don't even own a pen abroad and you are crying. something is wrong with your brain 3 Likes 1 Share
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Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by jaxxy(m): 11:03pm On Oct 10, 2018 |
olajide8: Even if u over/double tax and fight corruption if u don't have a good understanding of how the economy works u are inevitably bound to fail. |
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by Nobody: 11:03pm On Oct 10, 2018 |
aribs: My brother the level of ignorance and illiteracy in Nigeria is frightening. How can common sense elude over 150 million people in one country and at the same time? 4 Likes |
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by arewaboy01(m): 11:03pm On Oct 10, 2018 |
jabolo:wise people don't rant..u just enlightened me more on this. big up 2 Likes |
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by FarahAideed: 11:04pm On Oct 10, 2018 |
Jaideyone: Shut up and it had to come as an executive order instead of Legislation? You don't know what you are saying ? Where are the roads he built with over 13 trillion Naira he has borrowed so far .... well we are sending him packing first quarter next year and all you can follow him to Daura 4 Likes |
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by Jaideyone(m): 11:04pm On Oct 10, 2018 |
veesion:lol you lack comprehension skills 1 Like |
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by Franklyspeakin: 11:04pm On Oct 10, 2018 |
This is a very bad policy to implement now. Especially with the elections coming up. He could have done this after the election. But let's watch and see. This would turn alot of big players against him oo |
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by Nbote(m): 11:04pm On Oct 10, 2018 |
Jaideyone: Lolzzz ... What happened to dis particular link? U have realised ur folly or U also need me to help U breakdown d other ones in a language u can easily understand abi 1 Like |
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by iammo(m): 11:05pm On Oct 10, 2018 |
Jaideyone:Just listen to yourself? Do you know how much hardwork blood and sweat it is for 80% of Nigerians abroad to get to mortgage an asset. And pay annual British property tax? Or perhaps you think money falls from trees abroad? Now they should add 35% of the value of the assets to pay to a useless government back home... So ridiculous how people think, or don't think 1 Like 1 Share |
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by FarahAideed: 11:06pm On Oct 10, 2018 |
Jaideyone: You clearly don't know what you are saying |
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by SternProphet: 11:06pm On Oct 10, 2018 |
Buhari will drive looters out of this country. I think he is already unleashing his second term arsenal on the corrupt elite. He will do what he will do. Let poor men children be praising rich children's fathers on Nairaland. Buhari will do what GOD has appointed him to do. I expect more dastardly weapons before December. IBB, we want to see at least $100m tax from you for your loot in swiss banks. Yes Buhari now knows all those who have billions abroad and you heard that he now knows... that was why you guys rigged the PDP primaries to produce Atiku.whom you want to use to fight Buhari. 4 Likes 1 Share |
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by CyberWolf: 11:06pm On Oct 10, 2018 |
Jaideyone:shut up idiot.. |
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by Jaideyone(m): 11:06pm On Oct 10, 2018 |
FarahAideed:did you say 13t he borrowed so far? lol Omo ale oniro 1 Like 1 Share
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Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by Jaideyone(m): 11:07pm On Oct 10, 2018 |
Nbote:why not go through all before you start making a fool of your education 1 Like 1 Share |
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by milemimi93(m): 11:07pm On Oct 10, 2018 |
lexy2014: One step at a time. Rome wasn't built in a day. We will arrest Atiku and his likes in due time.. 1 Like 1 Share |
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by Jaideyone(m): 11:08pm On Oct 10, 2018 |
SternProphet:God bless you!!! someone is seeing what is happening now. Nigerians are too daft to appreciate a good leader 3 Likes 1 Share |
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by ireke(m): 11:08pm On Oct 10, 2018 |
How will this work? Nigeria has a lower tax rate than most of these developed countries. Ordinarily, I pay my tax in Nigeria (let's say 18%) and pay the difference in rates (35-18=17%) in the oza (other) country. Now that Nigeria wants to collect taxes on foreign income, will Nigeria collect another 18% after I have paid 35% in my country of abode (or source of the income) or what is their plan? I'm not a politician o. I just want information on the implementation. 1 Like |
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by daninphilo(m): 11:08pm On Oct 10, 2018 |
jchioma:some of u re nothing but arrogant fool, u abuse person doing rite even if u don't know y can't u do ur research bf comment. Leader is not Nigeria or Africa problem but emotionally fools Fellowers. |
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by Jaideyone(m): 11:09pm On Oct 10, 2018 |
FarahAideed:you are crying but you've never even been to seme border 2 Likes 1 Share
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Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by Seahawk: 11:09pm On Oct 10, 2018 |
I have a house in America. Is he going to tax me too? Mumu 1 Like |
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by Jaideyone(m): 11:09pm On Oct 10, 2018 |
CyberWolf:you don't even own a pen abroad and you are crying like this you need serious reorientation 1 Like 1 Share
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Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by bettercreature(m): 11:09pm On Oct 10, 2018 |
thunderfirebuha:This is why most of you guys are not employable! Is this not the same thing they are doing successfully In developed world or what are you people saying here? 4 Likes 1 Share |
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by Jaideyone(m): 11:10pm On Oct 10, 2018 |
iammo:let them give a fraction back to their country!!! 2 Likes |
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by SternProphet: 11:10pm On Oct 10, 2018 |
iammo: I don't think the tax on salary income will be appreciable. I would be surprised if it tops 10%. For mortgaged property, there are many deductibles. I don't expect 35%. The tax is targeting loot not hard earned income. Every advanced country has it. Some Nigerians will give up their passport because of th8s and some would prefer to stay here instead of paying double taxes. This is a very very good measure 4 Likes |
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by iammo(m): 11:11pm On Oct 10, 2018 |
Jaideyone: 35% in exchange for what? A sick presidents medical tourism or Yusuf's racing bike fund 4 Likes 1 Share |
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by FarahAideed: 11:11pm On Oct 10, 2018 |
jabolo: Do you understand the executive order at all ? Buhari is is saying he wants to a one off tax of 35 percent of the value of the Asset owned offshore and not the revenue generated in it ? My questions ? Is the govt targeting Asset acquired with income earned from Nigeria ? Is it targeting Assets acquired from income made offshore ? The whole executive order reeks of verbosity and it's clearly a witch hunt in the offing 1 Like |
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by Jaideyone(m): 11:13pm On Oct 10, 2018 |
iammo:the write up says they will pay 35% of what they are meant to pay if they declare and pay voluntarily before the deadline. the tax rate itself is not up to 35% illiterate you are just come and start crying with no knowledge 2 Likes 1 Share
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Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by Nobody: 11:13pm On Oct 10, 2018 |
Jaideyone: Stop this senseless post you hopeless urching. You kicked against fuel price at 87 naira under Jonathan but stupidly, FOOLISHLY an idiotically accepted fuel price at 143 naira under Buhari... Don't you think you're a slowpoke Who is the poor in Nigeria? Ofcours urchings like you who are paid 5 thousand naira to post trash in every forum to defend your despotic, bigotry and lifeless leader.... 3 Likes |
Re: Buhari Signs Voluntary Offshore Assets Regularisation Scheme (VOARS) by milemimi93(m): 11:13pm On Oct 10, 2018 |
DonFreshmoney: 1 Like
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