By Gyang Bere, Jos
The Chartered Institute of Taxation of Nigeria (CITN) Jos and District Society, has embarked on awareness campaign to sensitize the public on the imperatives of payment of tax for development.
The Chairman, Mr Isaac Wadak made the assertion during the awareness campaign and paper presentation with financial experts in Jos, Plateau State.
He said the programme, organized by the (CITN), Jos and District Society is aimed at tackling issues of contemporary tax laws and tax administrators in Nigeria: a meeting point between tax payers and relevant tax authorities.
Wadak explained that the purpose of embarking on such programme was to create awareness to tax payers and relevant tax authorities like the FIRS and PSIRS.
A staff of Plateau State Internal Revenue Service, Dr. Dagwom Dang, who presented a paper on “Tackling issues of contemporary tax laws and tax administrators in Nigeria: a meeting point between tax payers and relevant tax authorities” said the current State Revenue laws would improved internally generated revenue.
“In implementing revenue laws, states should pursue meeting their recurrent expenditure with (IGR) while freeing their federation account revenue for infrastructure development.
“PSIRS should educate it’s staffs and relevant stakeholders in the informal sector about the presumptive tax regime as they implement the tax reforms.
“The huge tax of revenue generation in the state lies in effectiveness of executing contemporary revenue laws by (RTA) in Nigeria.
“The state should also ensure that credible database is kept, risk management is applied, tax and revenue education is provided, sustainable revenue policy and reforms are developed and executed.”
