Sponsored
Banking | Finance

CITN Boss Blames Poor Embrace of Technology For Low Tax Compliance

Sponsored
Sponsored

President and Chairman of Council, Chartered Institute of Taxation of Nigeria (CITN) Isaac Adedayo says poor use of technology is a major cause of low tax compliance in the country.

Adedayo who stated this on Tuesday during the Cross River State Internal Revenue Service One Day Webinar/Sensitisation Exercise on Tax Management System at Hogis Hotel, Calabar.

According to him, “taxation is dynamic in nature and therefore as a country, we must keep abreast with latest developments and engage relevant stakeholders in the digital development of our tax system  nationally and globally. 

Adedayo, who was represented by a Council member Nwabuzor Emenike, stated that the institute takes pride in the Cross River State Internal Revenue Service (CRIRS) for embracing the use of technology in the management of tax system in the state.

He said it aligns with the goals of the institute, adding, “As a knowledge-based institute, we commend the Cross River State Internal Revenue Service at a time like this, with issues relating to fiscal federalism and jurisdictional issues.

“One of the key elements missing in tax mobilisation today is  low embrace of technology,” he said.

In his remarks, the Chairman of Cross River State Internal Revenue Service, Akpanke Ogar, said the service was introducing integrated management system and engaging properly in digital economy.

He said the event was involved both virtual and physical participation and also featured insight into the State Centralised Automated Billing System administered by the service.

He also said the sensitisation focused on various aspects of the tax administration process such as filing, assessment, revenue payment, and others.

Sponsored
Funsho Arogundade

Recent Posts

Four Teenagers Remanded In Juvenile Center Over Alleged Sexual Assault In Lagos

CYRIACUS IZUEKWE  A Lagos Magistrate Court sitting at Ogba has ordered that four teenage boys…

2 hours ago

Ofobuike vs Onunkwo Fierce Political Battle For Aguata House Seat Divides Umuchu

CHUKA UBAH  The battle for the Aguata Federal Constituency seat has taken a deep personal…

2 hours ago

Promasidor Invites Nigerian Entrepreneurs To Grow With Top Brands

KINGSLEY EBERE  Promasidor Nigeria, one of the country’s leading food and beverage companies, has announced…

2 hours ago

Man, 32, Arraigned Over Alleged N14.8m Theft At Computer Village

CYRIACUS IZUEKWE A 32-year-old man, Nnadi Ifeanyi Matthew, was arraigned before a Lagos Magistrate Court…

2 hours ago

Hon Anthony Ikenna Okafor Felicitates With Ndi Anambra At 35, Calls For Renewed Commitment To Development

The Labour Party flag bearer for Nnewi North, Nnewi South and Ekwusigo Federal Constituency, Hon.…

2 hours ago

Businessman Megwalu Chukwudi Bob-Manuel Jailed 4 Years Of Illegal Exportation of Raphnol

Justice Akintayo Aluko of a Federal High Court, Lagos has convicted and sentenced a businessman…

8 hours ago
Sponsored