Nigeria’s taxation institute calls for amendments to tax Laws

[dropcap]N[/dropcap]igeria’s taxation institute has called on the government to address setbacks in tax administration in the country.

The body is specifically calling on authorities to amend the country’s tax laws in order to benefit the country’s tax system.

Tax is one of Nigeria’s major revenue earners after oil. With falling oil companies income in recent times, government is working hard to grow this source of revenue

The country’s tax administrators believe amending tax legislation will support this process.

The Chartered Institute of Taxation wants the country’s inland revenue service to help make this demand a reality.

The Inland Revenue service on its part, is positive thes request will aid its tax sourcing efforts and endorses the idea.

The tax institute claims to be recognised by law as the country’s sole tax regulator.

It demands that this legal provision be complied with by defaulting professional bodies
.
The tax institute appeals that its demands be urgently addressed for the benefit of tax revenue growth in Nigeria.

[quote bcolor=”#e5e5e5″] quam eu nibh porttitor, vitae vestibulum turpis molestie. Sed quis mauris vitae dolor imperdiet pharetra. Sed et eros eget sapien tempor cursus sit amet eget eros. Nunc a mauris imperdiet, scelerisque diam laoreet, consequat nibh. Morbi gravida ornare sem, aliquet vehicula augue egestas eget. Sed mollis fringilla enim.[/quote]

Vestibulum sit amet ante eget diam scelerisque eleifend. Nam metus mauris, cursus non suscipit ut, faucibu[highlight]s ut quam. Quisque ac scelerisque dolor. Nam sapien leo[/highlight], euismod id elementum ut, dapibus eget elit. Nunc posuere porttitor nulla facilisis congue. Maecenas molestie quam eu nibh porttitor, vitae vestibulum turpis molestie. Sed quis mauris vitae dolor imperdiet pharetra. Sed et eros eget sapien tempor cursus sit amet eget eros. Nunc a mauris imperdiet, scelerisque diam laoreet, consequat nibh. Morbi gravida ornare sem, aliquet vehicula augue egestas eget. Sed mollis fringilla enim, ac accumsan metus porta et. Fusce ut lacinia ante, et pretium velit. Nullam eget metus enim. Vestibulum mollis leo in nulla tristique, sit amet tincidunt nibh tincidunt. Cras at sem at leo pretium bibendum et at nisl. Pellentesque odio enim, consectetur vitae commodo non, facilisis tincidunt justo.

• Lorem ipsum dolor sit amet, consectetur adipiscing elit.
• Curabitur suscipit elit vel quam mattis laoreet.
• Duis non diam ut nulla sollicitudin porta.

1. Lorem ipsum dolor sit amet, consectetur adipiscing elit.
2. Curabitur suscipit elit vel quam mattis laoreet.
3. Duis non diam ut nulla sollicitudin porta.

Duis tortor metus, accumsan in elit eget, porttitor sollicitudin ante. Sed in nunc sem. Ut tincidunt libero sed tortor vulputate, sit amet interdum urna eleifend. Ut porta justo a mauris aliquam tincidunt. Maecenas faucibus ultrices mauris ac lacinia. Maecenas eget urna leo. Maecenas congue mauris erat, in eleifend ante eleifend quis. In quis leo sit amet nibh imperdiet dignissim. Morbi malesuada luctus tortor, id cursus diam venenatis non. Nulla sit amet dui metus. Ut at interdum ipsum, ac ornare lacus. Etiam rutrum magna diam, sed luctus risus consectetur at. Vestibulum sodales purus eget consectetur tincidunt. Praesent augue nisl, consectetur a leo vel, vehicula dapibus nibh.

[one_third][list list_items=”list item,list item,list item,list item,list item” icon=”fa-icon-ok” icon_color=”#92ca1a”][/one_third] [one_third][list list_items=”list item,list item,list item,list item,list item” icon=”fa-icon-remove” icon_color=”#de5b5b”][/one_third] [one_third_last][list list_items=”list item,list item,list item,list item,list item” icon=”fa-icon-cog” icon_color=”#5ba5de”][/one_third_last] [gap height=”20″]