Osinbajo Tasks Tax Administrators On Transparency

By Factnews on 27/09/2017

Share on facebook Yahoo mail icon Gmail icon

Views: 450

Vice President, Prof. Yemi Osinbajo

Vice President, Prof. Yemi Osinbajo, has tasked African tax administrators to enhance transparency in resource mobilisation as well as tackle challenges relating to Base Erosion and Profit Shifting (BEPS).

Osinbajo dropped the challenge at the opening of an international conference of Africa Tax Administration Forum (ATAF) in Abuja.
He noted that the continent was eager to ensure transparency and information sharing among ATAF member-states.

Information sharing, he said, involves establishing automatic information exchange as the new global standard for cooperation in tax matters and ending legal secrecy of ownership of companies and trusts, especially those based in tax havens.

The vice president observed that in containing Base Erosion and Profit Shifting- which has also done significant damage to domestic resource mobilisation in Africa, a range of potential actions were planned byOrganisation for Economic Co-operation and Development countries.

He commended the Federal Inland Revenue Service (FIRS) as the most innovative and forward looking tax administrator in Africa.


Posted on September, 27 2017

Share on facebook Yahoo mail icon Gmail icon

You may also like...
FIFA Appoints Pinnick Organising Committee member

NNRC Commends Passage of PIGB, Calls on the...

In-form Newcastle beat Liverpool

Odemwingie pleased with surgery

Trade Unions Describe “No Work, No Pay” Policy...

Akwa United Players Rewarded With #2m Each For...

Abia Supplementary Polls Update

DR Congo claim Afcon bronze

Saraki accuses EFCC of mocking anti-corruption war

Anti-grazing bill: Taraba state Governor says the Strike...

Okada riders lament over proposed ban

News Abia Election Special (3) Abia Supplementary Polls Update (18) Abia Supplementary Result update (22) Appointments (8) Breaking News (195) Business (41) Campus News (3) Crime (117) Economy (109) Education (124) Entertainment (144) Fashion and Style (3) General (808) Health (107) Inside Africa (40) International News (303) Interviews (28) National (1929) Politics (940) Press Releases (108) Religion (9) Security (127) Sports (431) Technology (24) World News (87)





Latest News I cannot tell Nigerians who to vote for - Obasanjo PDP condemns freezing of Peter Obi’s accounts FG, Abia Sign Deal for N500bn Enyimba Economic City President Buhari approves the appointment of Nine permanent secretaries CUPP Adopts Atiku Alleged N1.4bn fraud: NBA president for arraignment Dec. 10 Prepare for long strike, ASUU tells members Small Doctor arrested for illegal firearms, threatening to shoot policeman – Lagos CP Forget oil marketers’ threat, there’s sufficient petrol — NNPC ' I am not Jubril from Sudan' - Buhari


Most Read Islamic agenda for Nigeria – Pastor Bosun (23,902 views) The show of shame that sealed Justice Uzokwe’s fate (17,532 views) 47 YEARS AFTER, HIS EXCELLENCY, COMMODORE EBITU UKIWE (Rtd) MAKES THE “OFO NDI IGBO” RECIPIENTS LIST (16,932 views) Breaking News : Dr Okezie Ikpeazu resigns from Abia State Environmental Sanitation Agency (ASEPA). (7,621 views) Lawyers accuse Lagos Police of working for PDP (7,311 views) Radio Biafra delivers AM Transmitter (7,074 views) ‘Why fuel scarcity persists’ (6,061 views) Nurse Justina Obi Ejelonu, one of the nurses that contracted Ebola virus is dead!!! (5,741 views) Abiriba Kingdom Celebrates as Eze Kalu Kalu Ogbu (IV) marks 14th year on the throne (5,708 views) Breaking News : 2015 - Abaribe withdraws from Abia guber race, backs Ikpeazu (5,501 views)