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Wednesday, September
23, 2020 / 07:06 PM / by CITN / Header Image Credit: Ecographics
CITN wishes to inform all its members that the
Institute has commenced plans to implement personalized stamps for all Tax
Practitioners.
This is a concerted move by the leadership of the
Institute to carve a unique identity for tax practitioners in filing
returns and correspondences.
The step would resonate with the responsibility
bestowed on the Institute by Act No. 76 of 1992 (now CITN Act, CAP C10, Vol. 2,
Laws of the Federation of Nigeria, 2004) in determining among others what
standards of knowledge and skills are to be attained by Tax Practitioners and
Administrators.
In view of this, the use of personalized stamps for
filing of tax returns with tax authorities and authentication of
correspondences between Tax Practitioners and their clients become mandatory
come March 1, 2021.
All Tax Practitioners are therefore required to update
their subscription payments and profiles with the Institute not later than
January 31, 2021.
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