Monday, December 10, 2007

Tax professionals tasked on discipline

THE President of the Chartered Institute of Taxation of Nigeria (CITN), Mr. Kamorudeen Adigun, has called on tax professionals across the country to eschew all forms of actions that could tarnish their reputation in the discharge of tax services to taxpayers. He said that was the only way they can continue to enjoy public confidence in their activities and, by so doing, enhance the Nigerian tax system for the expected growth in the years ahead.

In a similar vein, in her paper titled Tax Fraud: A Bane to Economic Development, the guest speaker, Ms. Ifueko Omoigui, pointed out that, with the enactment of the FIRS Establishment Act 2007, the service has now been given more specific powers to deal with fraudsters with the tax environment. Omoigui stated that Section 8(g) of the Act to “adopt measures to identify, trace, freeze, confiscate or seize proceeds derived from tax fraud or evasion”.

Read More Article...

No comments:

Outsource Bookkeeping Services Outsourcing Services