Wednesday, 5 July 2017

"If you live a luxurious life but earn N2m per annum, we will ask questions".....FIRS Boss, Tunde Fowler

The FIRS boss made the revelation in an interview with ARISE Tv when he was talking about Voluntary Asset and Income Declaration Scheme (VAIDS),  yesterday.

"This country requires those taxes to develop too. Nobody will develop Nigeria except we start developing it. For example, if you declare that you own a car of N10 million, and a house worth N50 million, your clothes, including your suit, watch and tie maybe worth a million naira and you declare that you earn N2 million year, the question would be if you earn such amount yearly, how can you you afford the house, the car, the expensive suit and the wrist watch? These are the questions we are asking. So we believe quite frankly that Nigerians can be law abiding”he said  

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