CITN To Develop Personalised Stamps For Filing Tax Returns
The Chartered Institute of Taxation of Nigeria has unveiled plans to develop personalised stamps for all tax practitioners across the country.
The Institute said this in a statement addressed to members, seen by THE WHISTLER.
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“The statement said the personalised stamp is a move by the leadership of the Institute to carve a unique identity for tax practitioners in filing returns and correspondences.
The tax body said 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.
It said the use of personalized stamps for filing of tax returns with tax authorities and authentication of correspondences between Tax Practitioners and their clients would become mandatory from March 1, 2021.
The Institute directed all Tax Practitioners to update their subscription payments and profiles with the Institute not later than January 31, 2021.
