President, CITN, Chief Cyril Ede
The Chartered Institute of Taxation of Nigeria (CITN) has licensed no fewer than 21,212 tax professionals thus far, a feat achieved with the induction of 889 members within the final six months.
The growth has given enhance to the nation’s ongoing reforms of tax legal guidelines and quest for elevated income from an economic phase that has been adjudged underperforming.
CITN President, Chief Cyril Ede, who made the disclosure on the institute’s yearly common assembly in Lagos on the weekend, mentioned the there may be now a brief conversion course for direct membership candidates, which is able to take off later in November.
As said by him, the institute is not going to cease to welcome professionals of various tutorial backgrounds, because it stays the centre of tax data within the nation and help for authorities’s renewed marketing campaign for voluntary tax compliance.
The tax administrator famous that the economic system witnessed a busy interval since 2017 until now, when collection of govt, coverage and administrative pronouncements have been made relating to the phase.
“The institute continues to grow despite economic challenges that have compelled many adjustments in all spheres of life. Membership has not waned as we strive to grow the required manpower base needed for a vibrant and virile tax system,” he mentioned.
To maintain the institute’s relevance and be sure that its contributions within the ongoing tax reforms proceed to depend, the council members visited the National Assembly and a few of its key officers.
CITN has additionally prolonged its engagements to the nation’s management and different skilled our bodies by alternatives offered on the Joint Tax Board conferences, summits and investitures organised by different professionals, in addition to overseas tax institutes.