CITN Raises Concern Over Discrepancies in 2025 Tax Law, Warns of Compliance Risks

The Chartered Institute of Taxation of Nigeria (CITN) has raised alarm over discrepancies in the 2025 tax law passed by the National Assembly, citing potential compliance risks and legal uncertainties. Concerns were raised about alleged modifications to the law after its passage, impacting taxpayer compliance, professional practices, and investor confidence.

CITN emphasized the importance of accuracy, transparency, and adherence to legal procedures in tax legislation to ensure good governance and public trust. The institute called for efforts to rectify discrepancies to avoid future challenges and uphold the rule of law.