CITN prescribes conversion training for legal practitioners

The Chartered Institute of Taxation of Nigeria (CITN) has prescribed conversion training programme for legal practitioners. The training programme, the CITN said, is a prerequisite for admitting legal practitioners into the membership of the institute.

President and Chairman of Council, CITN, Adesina Adedayo, who said the training was a profound significance to the tax profession in Nigeria, said for any individual to be considered a professional, such a person must be certified and well acquainted with the intricacies and principles of that profession.

During a four-day training programme organised by the CITN, Adedayo said participants would have an in-depth knowledge about the industry-specific tax topics such as transfer pricing, taxation law, applied taxation, tax audit and investigation, as well as recent trends in the global tax environment.

Stating that the abridged programme takes significant consideration to the peculiarities of the institute’s tax academy syllabus, he told the participants that after the training programme, they would become eligible to join the growing list of professionals on the roll call of the CITN.

Assistant Director, CITN Tax Academy, Yetunde Suleiman, said the mission of the academy is to raise the competence of tax professionals through up-to-date tax education.

She added that the training was put together to ensure their seamless transition into membership of the institute.

The guest speaker and an expert in taxation law, Olumide Obayemi of the Department of Commercial and Industrial Law, University of Lagos, who spoke on an overview of the Nigerian tax system, said the tax profession needs fresh ideas to launch Nigeria into the prosperity, while ensuring tax justice.