Voluntary Assets and Income Declaration Scheme a Panacea to Tax Evasion in Edo State, Nigeria

In Edo State, taxation is a primary revenue-generating tool often used to finance most public projects. It apt state that individuals residing in State are into small, medium, and large-scale businesses. However, business owners evade avoid tax payments for the following reasons; taxes leveled on citizens or companies numerous, excessive rates, others. Given this, several taxpayers have not been able remit due years without hope of remitting same. concerning this study tends adopt hybrid research methodology exploring process localizing Voluntary Assets Income Declaration Scheme (VAIDS) policy. order curb evasion avoidance generate more revenue State. The study, therefore, found there high level VAIDS policy will help curtail incidences avoidance. was, recommended concluded voluntary asset income declaration scheme be an appropriate curbing improving internally generated revenue.