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CITN expresses commitment to achievement of FG’s Tax Policy

By Providence Obuh
The Chartered institute of  Taxation of  Nigeria (CITN) has announced its preparedness to partner with the Federal Government and relevant government agencies in the achievement of the objectives of the National Tax Policy and help in the drive towards an increase in Nigeria’s internally generated revenue.

Speaking during his inauguration as the Fourth Chairman of CITN, Ikeja District Society, in Lagos, last week, Barrister Chukwuemeka Eze stated that the institute is set serve as a bridge between tax practitioners, consultants and stakeholders around the country.

According to him, members of the institute will perform the roles already reserved for tax professionals in the National Tax Policy.

He said, “These roles include but not limited to using our skill to simplify the tax compliance process, properly advise tax payers on compliance requirements and also provide necessary insight and assistance to tax authorities.
“As usual, we are expected to discharge our duties with integrity and patriotism at times and partner with tax authorities, with other stakeholders to enhance the effectiveness and efficiency of the tax system.

“In discharging this onerous duty, the District is to serve as the link or bridge between the Institute and tax authorities, taxpayers and tax practitioners at all times.

He noted that the Ikeja District which is the first District to be founded in CITN, is striving objectively to gain its lost glory and to find a common platform to discuss matters of interest in the profession, to support the activities of the national body and stand as a pillar to taxation profession in Nigeria, to uplift the district among the other districts and to be a helping hand to the institute.

Eze appealed to the Lagos state government and well-meaning individuals to assist it financially to achieve its plans of a district secretariat, a library and a vehicle for mobility of its members.

According to him, in order to effectively carry out our mandate, a minimum level of infrastructure for the district is deideratum. It is in on this note that we passionately appeal to our guests to assist ue financially and otherwise in our task of getting an office to serve as district secretariat, a library to be used for research purposes, and a vehicle for the mobility of our members.

Also speaking, Special Adviser to the Governor of Lagos State on Taxation and Revenue, Mr. Rahman Ipaye, urged people to pay their taxes as part of the fulfilment of their constitutional and civic, if they want government to run the machinery of the state effectively and serve them better.

Rahman said sustainable revenue can come only through taxation as a social economic engineering tool which seeks to redistribute income in the society.

He noted that despite the fact that public services in our society are most often used by the lower income earners, the proportion tax on consumption will take more from the big spenders than on the small ones.

He said, “We can safely attest to the utility of taxation as a tool of democratic sustain-ability, however government must be conscious of over utility of taxes which can affect a democratic government.”


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