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Punish tax evaders CITN urges Nigeria tax authorities

by Business News Report

The Chartered Institute of Taxation of Nigeria (CITN) has urged tax authorities to penalise tax evaders in the country. CITN President, Mr Sunday Jegede, said in Lagos that tax evasion could be tackled only when Nigerian tax authorities enforce the law.
According to him, Nigeria as at present does not need any review or amendment but enforcement of laws and punishment for eligible tax payers who evade payment.
He said that CITN as a regulatory body, is not constitutionally charged with enforcing the tax laws but that it supports the Federal Inland Revenue Service, and its affiliates to ensure that taxes work.
“CITN is a regulatory authority, we are not accessing tax, we are not
collecting tax and we do not account for taxes. There are bodies like the Federal Inland Revenue Service, the State Inland Revenue Service, the Joint Tax Board, among others, charged with these responsibilities.’’ Jegede said that in the advanced countries, tax authorities notify citizens that leave above their means and assess them accordingly.

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