The Institute of Taxation

Governance of the Institute

The Institute is governed by Board of Directors, supported by Advisory Board and Committees.

Board of Directors

The role of the Board of Directors is to conduct and manage all the affairs of the Institute, exercise all the powers, authorities and discretion necessery for the governance of the Institute, whereas Advisory Board and Committees shall provide support in matters of governance of Institute, tax policies, national and provincial budget.

Advisory Board

1. There shall be an Advisory Board appointed by the Institute, which may comprise of;

   a) President of the Institute;
   b) Not exceeding four nominee(s) of the Government;
   c) Not less than fourteen members amongst the eminent economists, tax experts, professional accountants, representatives of the trade bodies and members of the civil society; and
   d) Any other member co-opted by the Advisory Board.

2. The advisory Board shall be an advisory body of the Institute and may propose appropriate recommendations and provide guidelines in matters of tax policy and planning, reforms, budget and any other matter referred to it by the Institute.

3. The President of the Institute shall be the convener of the Advisory Board and in his absence any senior member, nominated so, shall act as convener of the advisory Board.

Committees

The Institute’s standing committees support specific areas of the Institute’s work, including on tax policy and members’ services. This structure enables Institute to consult its members and involve them in consultation on policy formulation. The committees comprise members from a wide range of sectors and backgrounds to ensure that all membership sectors and volunteers are supported by the Institute.

Each committee is chaired by a member of BOD and supported by the Institute’s executive staff.

The Institute’s committees include:

1. Executive Committee
2. Examination Committee
3. Students and Members Committee
4. Technical Committee
5. Nomination Committee
6. Publication Committee
7. Disciplinary Committee
8. Fiscal and Economic Advisory Committee

The Institute may form any other committee as deem fit and necessary.