{"id":425287,"date":"2011-05-17T00:00:00","date_gmt":"2011-05-17T00:00:00","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/05\/17\/citn-wants-passage-of-personal-income-tax-amendment-bill\/"},"modified":"2011-05-17T00:00:00","modified_gmt":"2011-05-17T00:00:00","slug":"citn-wants-passage-of-personal-income-tax-amendment-bill","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/05\/17\/citn-wants-passage-of-personal-income-tax-amendment-bill\/","title":{"rendered":"CITN wants passage of personal income tax amendment bill"},"content":{"rendered":"
\n

PRESIDENT,\u00a0West African Union of Tax Institutes (WAUTI),\u00a0Prince\u00a0Kunle Quadri, has\u00a0appealed to the National Assembly\u00a0to pass\u00a0the Personal Income Tax Amendment Bill.<\/p>\n

Quadri, who is also the president of the Chartered Institute of Taxation of Nigeria (CITN),\u00a0similarly,\u00a0appealed to the Federal Government\u00a0to launch the National Tax Policy.<\/p>\n

He\u00a0made the appeal on Thursday at the ongoing 13th yearly conference of the\u00a0CITN in Abuja.\u00a0The theme of the\u00a0conference is:\u00a0\u201cTaxation and the New Global Order.\u201d<\/p>\n

According to\u00a0Quadri, the appeal for\u00a0early passage of the bill is borne out of the fact that\u00a0the bill if not\u00a0passed\u00a0before the inauguration\u00a0of the president on May 29, may make the entire process\u00a0to be repeated all over again.<\/p>\n

He said the passage of the bill was expected to correct the noticeable lapses\u00a0in some of the provisions of tax laws that were not in line with contemporary developments.<\/p>\n

The WAUTI president\u00a0pointed out that a lot still needed to be done, particularly in ensuring that obsolete provisions in tax laws were reviewed and replaced.<\/p>\n

\u201cApart from\u00a0the Personal Income Tax Amendment Bill, the Petroleum Industry Bill, Customs, Exercise Tariff (Consolidation) Bill and National Sugar Development Bill should also\u00a0be passed.\u201d<\/p>\n

He said the passage of the bills was expected to correct\u00a0lapses noticeable in some\u00a0provisions of tax laws that were\u00a0not in line with contemporary\u00a0trends in\u00a0tax matters.<\/p>\n

Quadri pleaded\u00a0for the re-introduction of the post of Senior Special Adviser on Taxation Matters at the federal level and the establishment of the post\u00a0at the state\u00a0level.<\/p>\n

He\u00a0congratulated Nigerians for the<\/p>\n

remarkable\u00a0improvements in the process of electing leaders to political offices.<\/p>\n

\u201cKudos must be given to the Attahiru Jega-led Independent National Electoral Commission (INEC), security agencies,\u00a0government and the NGOs,\u201d he said.<\/p>\n

He, however, pledged the commitment of the CITN and WAUTI to fashioning out\u00a0ways to further assist\u00a0government toward achieving good governance and improved quality of lives for citizens.<\/p>\n

NAN reports that over 1,000 participants, drawn from Nigeria, Ghana, Liberia and South Africa, attended the conference.<\/p>\n<\/div>\n<\/p>\n

View article:
\nCITN wants passage of personal income tax amendment bill<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

PRESIDENT,\u00a0West African Union of Tax Institutes (WAUTI),\u00a0Prince\u00a0Kunle Quadri, has\u00a0appealed to the National Assembly\u00a0to pass\u00a0the Personal Income Tax Amendment Bill. Quadri, who is also the president of the Chartered Institute of Taxation of Nigeria (CITN),\u00a0similarly,\u00a0appealed to the Federal Government\u00a0to launch the National Tax Policy. He\u00a0made the appeal on Thursday at the ongoing 13th yearly conference of the\u00a0CITN in Abuja.\u00a0The theme of the\u00a0conference is:\u00a0\u201cTaxation and the New Global Order.\u201d According to\u00a0Quadri, the appeal for\u00a0early passage of the bill is borne out of the fact that\u00a0the bill if not\u00a0passed\u00a0before the inauguration\u00a0of the president on May 29, may make the entire process\u00a0to be repeated all over again<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":{"0":"post-425287","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-entertainment"},"yoast_head":"\nCITN wants passage of personal income tax amendment bill - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/05\/17\/citn-wants-passage-of-personal-income-tax-amendment-bill\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"CITN wants passage of personal income tax amendment bill - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"PRESIDENT,\u00a0West African Union of Tax Institutes (WAUTI),\u00a0Prince\u00a0Kunle Quadri, has\u00a0appealed to the National Assembly\u00a0to pass\u00a0the Personal Income Tax Amendment Bill. 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