Operators tasked on improved taxation

Operators in the tax sector have been urged to evolve practical ways of overcoming challenges to ensure Nigeria benefits more from taxes.

They made the call in Abuja at a recent capacity building workshop for tax practitioners organised by the Chartered Institute of Taxation of Nigeria (CITN).

Speaking at the physical and virtual event, which was also hosted via Zoom, the Senior Partner, Ascension Consulting Services, Azeez Alatoye, said professional relationships with tax authorities was key in delivering consistent results on client assignments.

“When it comes to running and managing a successful tax practice or tax department, there is a need for the right tools and resources to manage day-to-day functions covering the key Critical Success Factors (CSF),” Alatoye said.

The Coordinating Director, General Services Group at the Federal Inland Revenue Service (FIRS), Mr Innocent Ohagwa, said the increased use of tax practitioners showed more taxpayers were seeking their services to ensure that they filed accurate returns.

“This confirms that tax practitioners are well-positioned to influence the compliance decisions of taxpayers.”

Fiscal Policy Partner and Africa Tax Leader, PwC, Mr Taiwo Oyedele said, “Your emotions can cloud your ability to think rationally and ethically. Unintended support for unethical actions, such as failure to act such as feeling you’re not responsible for unethical work outsourced to others, for example, the use of a 3rd party contractor to pay a bribe.”