CITN Vows to Sanction Erring Licensed Tax Practitioners

By Aduragbemi Omiyale

The Council of the Chartered Institute of Taxation of Nigeria (CITN) has said it would not hesitate to sanction any erring licensed tax practitioner in its bid to sanitise the profession.

The president and chairman of the organisation, Mr Samuel Agbeluyi, said this at the presentation of practising licence certificates to new members.

He tasked the newly licensed tax practitioners to uphold ethical standards while discharging their duties, reminding them they are ambassadors of the institute.

“I urge all of you to consistently demonstrate the highest levels of ethical standards and professionalism expected of licensed tax practitioners.

“It is important to remember that your actions going forward have a significant impact, not only on your practice but also on the profession and the institute as a whole.

“It speaks volumes to the relevance that Council of the Chartered Institute of Taxation of Nigeria accord in ensuring that only qualified and certified persons practice taxation in the country,” Mr Agbeluyi said at a presentation ceremony on Wednesday in Lagos.

“I implore you, therefore, to strictly adhere to these guidelines and principles at all times in the course of your practice.

“The institute will not fail to wield the big stick of discipline where there are reported and established misconduct cases by practitioners.

“Our Investigating Panel and Disciplinary Tribunal are equipped and active to dispense such matters,” the CITN leader noted.

He charged the new tax professionals to always strive to improve their knowledge of the profession to “address the evolving demands of taxation.”