CITN Seeks Stakeholders’ Support On Taxation

The former President, Chartered Institute of Taxation of Nigeria (CITN), Mr Rasaq Quadri, said  that stakeholders in taxation sub-sector failed to cooperate in eliminating quacks from the taxation system.

Quadri said in Lagos that CITN had written to the stakeholders to furnish the institute with information on their tax consultants.

“The institute has not received a single report from the stakeholders on the activities of the tax consultants.

“We collaborated with them to enable us to stamp out unprofessional practitioners in the system.

“ They are expected to regularly inform the institute about consultants submitting reports to them,” he said.

Quadri said that the institute had also adopted the use of professional seal and Stamp that would accompany any document submitted to the Federal Inland Revenue Service.

“If the seal and stamp are not there, it means the person is not qualified to practise as a tax professional,’’ he said.

Quadri, who is the immediate past President of the West African Union of Tax Institute, said that tax administration was guided by law.

He said that every eligible tax professional was expected to be a member of CITN with a licence.

Quadri urged the stakeholders to cooperate with the institute to effectively induce professionalism in the taxation sub-sector.