CHARTERED INSTITUTE OF TAXATION OF NIGERIA - CITN
The Chartered Institute of Taxation
of Nigeria (CITN) started on February 4, 1982 as Association of Tax
Administrators and Practitioners. Thereafter, it transformed into Nigeria
Institute of Taxation, which was formally launched on February 21, 1982 and statutorily
recognized on May 6, 1987 as a company Limited by Guarantee.
The Institute was chartered by the
Federal Government of Nigeria by the enabling Act No. 76 of 1992 (now CITN Act,
CAP C10, Vol. 2, Laws of the Federation of Nigeria, 2004) and was charged with
the responsibility, among others, of determining what standards of knowledge
and skills are to be attained by persons seeking to become professional Tax
Practitioners or Administrators.
The aims and objectives of the
Institute as laid down in its charter (Decree 76 of 1992) among others include:
- To determine what standards of
knowledge and skills are to be attained by persons seeking to become registered
members of the taxation profession.
- To raise, maintain and regulate the
standard of taxation practice amongst its members.
- To promote professional ethics and
efficiency in tax administration and practice.
- To encourage, promote and co-ordinate
research for the advancement of taxation practice and administration in
Nigeria.
Under the Act, the Institute is the
only professional body which has the authority to regulate Tax Practice and
Administration in Nigeria and only its members can practice Taxation. The Act
sets out the rules as regards membership, composition and officers of Council,
etc. and copies are available for sale at the Secretariat of the Institute.
VISION
To be one of the foremost
professional associations in Africa and beyond
MISSION
To build an Institute which will be a
citadel for the advancement of taxation in all its ramifications
MEMBERSHIP
The Chartered Institute of Taxation (CITN) has two main
classes of membership at the moment. These are Fellows and Associates.
FELLOWS
Associates who wish to advance to fellowship may do so by
submitting an application and then satisfying the council that his/her work has
been closely connected with and of direct relevance to Nigeria Taxation for an
unbroken period of at least five (5) years prior to such application as fellow.
In the alternative, a total qualifying period of at least five (5) years prior
to such application may be considered if it falls within a period not exceeding
ten (10) years immediately prior to such application for admission as a fellow.
ASSOCIATE MEMBERS
In accordance with the Charter and Rules and Regulations of
the Institute, a person is admitted as an associate member on application, if
he/she is a graduate member of the Institute and has acquired the relevant tax
experience or has completed any of the recognized examinations of the
Institute. Members of other professional bodies are admitted after they have
served a specific period either in tax practice and administration.
DESIGNATORY LETTERS
Every member of the Institute having been admitted at
appropriate level is entitled to use the following designatory letters after
his/her name.
ACTI – This
designation represents Associate Member of the Chartered Institute of Taxation
of Nigeria.
FCTI – This
designation represents Fellow of the Chartered Institute of Taxation of
Nigeria.
MEMBERSHIP, FEES AND SUBSCRIPTION
Admission fees and annual subscription are payable by each
member in accordance with the Rules and Registrations.
ENTRY REGULATION AND REGISTRATION
I. REGISTRATION PROCEDURE:
Application for admission to student membership
must be made on the prescribed form. This requires an undertaking on the part
of the applicant to abide by the rules laid down by the council from time to
time. Every applicant shall produce satisfactory evidence of age; with
photocopies of his/her educational certificates. The Council reserves the right
to grant or refuse any application or to terminate the registration of a
candidate. A successful applicant shall be required to pay the prescribed
annual subscription fee for the year; upon which he shall be allocated a
student number. This number must be quoted in full in all communications with
the Institute.
II.
CONDITIONS TO BE SATISFIED
Every prospective candidate for admission to
student membership must satisfy the Council that:
·
He is not below the age
of 18
·
He possesses the basic
minimum educational qualification as set by Council.
·
He is a fit and proper
person to be registered.
Any student failing to comply with the above
regulations may be liable for such penalties as the Institute may decide.
III.
ELIGIBILITY TO REGISTER AS STUDENT
MEMBER
An applicant shall be eligible to register as a
student if he/she possesses a minimum of first degree, Higher National Diploma
or its equivalent. Such person would obtain the Institute's Student Membership
form/Reg. fee N1,500.00, Syllabus with the sum of N1,500.00. On
submission, an applicant is to pay N4,500 processing fee, N2,500 Building
fund and Annual Subscription N1,500.00.
Note that fees are subject to change from time
to time at the instance of the Institute
REGISTRATION PROCEDURE ONLINE
Prospective Professional students are required
to apply online via the CITN website by clicking on “Become a Professional
Student Member” from the “Join Now” menu of the website. Payment can
be made online with your Mastercard, Visa, Verve, Interswitch, etransact cards.
Professional Students
|
Payments
|
Registration (inclusive of
subscription)
|
N11,500.00
|
Annual Subscription (billed
after a year after registration)
|
N1,500.00
|
Exams Form Fee
|
N1,000.00
|
Exam fee/paper
|
Foundation – N3,500
PT1 – N4,500
PT2 – N5,500
PT3 – N6,500
Non-refundable fee- N5,000
|
Exemption form fee
|
N 3,500.00
|
Exemption/paper
|
Foundation - N4,000
PT1- N 6,000
PT2- N 8,000
|
EXAMINATIONS
I. ELIGIBILITY TO REGISTER FOR THE EXAMINATION
Entry for the Institute’s Examinations is open to all
registered student members of the Institute. A registered student member is
however expected to have paid the regular annual subscription and entry fees in
force at the date of entry.
II. EXAMINATION RESULTS AND CREDIT SYSTEM
The new credit system stipulates that a candidate sits for
all the four papers at a particular level. The candidate must pass a minimum of
one (1) paper out of the four papers. Candidate will be credited with the
paper(s) previously passed. There will be opportunity to re-write the remaining
papers at subsequent examinations subject to limited period. Candidate writing
the Professional Examinations would have a maximum of eight (8) years to pass
all levels of examinations within which candidate will be credited with earlier
passed papers, but start afresh if unable to satisfy this condition within the
specified period. Any candidate who passes one paper out of all the papers
written should be credited with that paper subject to the provision that the
candidate must apply to sit for all papers he/she would have been eligible to
participate in the diet.
III. CONVERSION
Since a credit system is in operation with the new syllabus,
candidates who are unable to complete the examinations before the take-off date
of the new syllabus would only be credited with the relevant subjects/courses
already passed in the old syllabus.
EXEMPTION
The Institute will consider applications for exemptions from
holders of the following qualifications. However, only one certificate
(academic or professional) could be used to seek for the Institute's exemption.
(Exemption Form - N3,500) with
the additional fees below:
Exemption /paper fee: TTS1- N2500, TTS2- N3000, TTS3-
N3500
FOUNDATION-
N4000, PT1- N6000, PT2- N8000
S/N
|
QUALIFICATION
|
EXEMPTION (NEW)
|
EXEMPTION FEE (₦)
APPROVED RATES
|
1.
|
TTS Graduates (ATT)
|
All Foundation Papers, Quantitative Techniques in PT 1
|
22,000
|
2.
|
ICAN (ACA)
|
All Foundation Papers, Quantitative
Techniques, Income Tax in PT 1
|
28,000
|
3.
|
ANAN(CNA)
|
All Foundation Papers
|
16,000
|
4.
|
ACIB (CIBN)
|
All Foundation Papers
|
16,000
|
5.
|
ACS
|
All Foundation Papers
|
16,000
|
6.
|
ACIS
|
All Foundation Papers, Quantitative Techniques in PT 1
|
22,000
|
7.
|
MNIM
|
All Foundation Papers & Strategy, Risk & Ethics PT
2
|
24,000
|
8.
|
LLB, BL
|
General Principles of Law; Revenue
Law
|
10,000
|
9.
|
HND/BSc (Accounting)
|
All Foundation Papers
|
16,000
|
10.
|
HND/BSc
(Bus. Admin)
|
Accounting, Economics & General
Principles of Law
|
12,000
|
11.
|
HND/BSc Taxation
|
All Foundation & PE 1 Papers
|
22,000
|
12.
|
HND/BSc Maths/Statistics
|
Economics, Quantitative Techniques
|
10,000
|
13.
|
BSc Economics
|
Economics & General Principles of
Law, Quantitative Techniques
|
14,000
|
14.
|
BSc
Banking/Finance
|
Quantitative Techniques, Economics
|
10,000
|
PROFESSIONAL EXAMINATION COURSES
(1) Foundation
COURSES FROM NEW SYLLABUS
|
COURSES FROM OLD SYLLABUS
|
Principles of Taxation
Accounting
General Principles of Law
Economics
|
Accounting
Business Law
Managerial Economics
Management Information System
|
(2) Professional Taxation 1
COURSES FROM NEW SYLLABUS
|
COURSES FROM OLD SYLLABUS
|
Quantitative Techniques
Revenue Law
Income Taxation
Indirect Taxation
|
Revenue Law
Personal Taxation
Business Taxation
International Taxation
|
(3) Professional Taxation 2
COURSES FROM NEW SYLLABUS
|
COURSES FROM OLD SYLLABUS
|
Taxation of E-commerce
Strategy, Risk and Ethics
Tax Audit and Investigation
International Taxation
|
Tax Audit And Investigation
Oil, Gas And Other Minerals Taxation
Tax Practice and Business
Case study
|
(4) Professional Taxation 3
COURSES
FROM NEW SYLLABUS
|
COURSES
FROM OLD SYLLABUS
|
Oil, Gas Taxation
Solid Minerals Taxation
Tax Management
Practical Cases in Taxation
|
The Examinations take place twice every
year in April and October.
Note:
·
All forms for application have to be filled online (www.citn.org/join_citn)
·
All other qualifications not listed above to write all courses from
Foundation stage.
This information is by the order of the
Council of The Chartered Institute of Taxation of Nigeria.
For further enquiries,
please contact the Examinations and Students' Affairs Department of the
Institute on studentaffairs@citn.org
or Call Lizzy - 08023244395 and Motunrayo - 07075724372
For Further Details, Contact
Registrar/Chief Executive
The Chartered Institute of Taxation
of Nigeria
Tax Professionals' House
Plot 16, Otunba Jobi Fele Way,
Central Business District, Alausa Ikeja
Lagos State, Nigeria
P.O Box 1087, Ebute-Metta, Lagos State, Nigeria
Plot 16, Otunba Jobi Fele Way,
Central Business District, Alausa Ikeja
Lagos State, Nigeria
P.O Box 1087, Ebute-Metta, Lagos State, Nigeria
Tel: +234-1-7741273, +234-1-8936023
Website: www.citn.org
Email- citn@citn.org
Website: www.citn.org
Email- citn@citn.org
Abuja Liaison Office
Plot 27 Abidjan Street,
Wuse Zone 3, Abuja
Nigeria
Tel: + 234 (09)-2918349
Wuse Zone 3, Abuja
Nigeria
Tel: + 234 (09)-2918349
Can a final year students sit for the exam and what level??
ReplyDeleteCan someone with ican certification obtain your institute certification without sitting for the exam
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