Chartered Institute Of Taxation Nigeria (CITN)

ICAN Chartered Institute Of Taxation Nigeria (CITN)

Chartered Institute Of Taxation Nigeria

The Chartered Institute of Taxation of Nigeria. It is charged with the responsibility of determining what standards of knowledge and skills are to be attained by persons seeking to become a professional Tax Practitioner or Administrators and producing certified tax professionals. To be a registered member of this institute you have follow the approved membership rates outline below.

TABLE OF APPROVED NEW RATES AND FEES

A Membership Income AMOUNT (N)
1 Annual Renewal of Licence to Practise Effective 1st of Jan 2009 – 5,000.00
2 Associate Membership Application form for Graduate Members only – 10,000.00
3 Practising License Form, License & Seal – 80,000.00
4 Re-issue of Members’ certificate Effective 1st of Jan 2009 – 5,000.00
5 Re-issue of Statements of Results/Transcripts etc – 2,000.00
6 Re-issue of Registration/Exemption Certificates – 2,000.00
7 Review of Text Books
8 CITN Stamps – 100.00
9 Lapel Pin for Fellow – 750
10 Lapel Pin for Associate – 500
11 Members’ Code of Conduct – 100.00
12 Members’ Rules and Regulations – 100.00
13 Fellowship conferment

Application Form/Conferment Fees (inclusive of Spouse) 75,000.00

Application for students 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 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 then he/she will be offered a student number. This number will be used whenever students which to contact the administration.

Every prospective candidate for admission to student membership must fulfill the following
Above the age of 18
Must have the minimum educational qualification as set by Council and he should be fit and proper to be registered.
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 and syllabus with the sum of N2,500:00. On submission, an applicant is to pay N3, 000.00 processing fee and N2, 000.00 Building fund.

EXAMINATION SYLLABUS

(1) Foundation
(a) Principle of Taxation
(b) Accounting
(c) General Principle of Law
(d) Economics

Fee for Exam (depending on number of paper applied for)
N2,000 x 1 = N2,000.00
N2,000 x 2 = N4,000.00
N2,000 x 3 = N6,000.00
N2,000 x 4 = N8,000.00
Examination Form Fee N500.00

Registration Fees for Exam(Non Refundable) N4,000.00
(2) Professional I [P.E.I]-
(a) Quantitative Techniques
(b) Revenue Law
(c) Income Taxation
(d) Indirect Taxation

Fee for Exam (depending on number of paper applied for)
N4,000 x 1 = N4,000.00
N4,000 x 2 = N8,000.00
N4,000 x 3 = N12,000.00
N4,000 x 4 = N16,000.00
Examination Form Fee N500.00

Registration Fees for Exam(Non Refundable) N4,000.00
(3) Professional II [P.E.II] -
(a) Taxation of E-Commerce
(b) Strategy, Risk and Ethics
(c) Tax Audit and Investigation
(d) International Taxation

Fee for Exam (depending on number of paper applied for)
5000 x 1 = N5,000.00
5,000 x 2 = N10,000.00
5,000 x 3 = N15,000.00
5,000 x 4 = N20,000.00
Examination Form Fee N500.00

Registration Fees for Exam(Non Refundable) N4,000.00
(3) Professional III [P.E.III] -
(a) Oil, Gas Taxation
(b) Solid Mineral Taxation
(c) Tax Management
(d) Practical Case in Taxation

Fee for Exam (depending on number of paper applied for)
5000 x 1 = N5,000.00
5,000 x 2 = N10,000.00
5,000 x 3 = N15,000.00
5,000 x 4 = N20,000.00
Examination Form Fee N500.00

The Examinations take place twice every year in April and October.

EXEMPTION CLAUSE

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.

QUALIFICATION COURSES EXEMPTED AMOUNT (NGN Naira)

ANAN (CNA) Accounting and Managerial Economics 5,000.00
ICAN (ACA) All courses in Foundation and Personal Taxation and Business Taxation in Professional 1 20,000.00
LLB.BL Business Law in Foundation and Revenue Law in Professional 1 7,500.00
B.Sc/HND (Computer) Management Information System in Foundation 2,500.00
B.Sc/HND (Bus. Admin) Accounting and Managerial Economics 5,000.00
B.Sc/HND (Accounting) Accounting and Business Law in Foundation 5,000.00
B.Sc (Economics) Managerial Economics in Foundation 2,500.00
TTS Graduates All Subjects in Foundation 10,000.00

TTS EXAMINATIONS’ SYLLABUS

Part I:
Paper 1:Economics,
Paper 2: Accounting,
Paper 3: Element of Business Law,
Paper 4: Introduction to Taxation
Examination Form Fee N500.00
Fee for Exam (depending on number of paper applied for)
1,500 x 1 = N1,500.00
1,500 x 2 = N3,000.00
1,500 x 3 = N4,500.00
1,500 x 4 = N6,000.00
Registration Fees for Exam (Non Refundable) – N3,000.00
Part II:
Paper 5: Management Information System,
Paper 6: Personal Taxation,
Paper 7: Business Taxation,
Paper 8: Business Management
Examination Form Fee N 500.00
Fee for Exam (depending on number of paper applied for)
2,000 x 1 = N2,000.00
2,000 x 2 = N4,000.00
2,000 x 3 = N6,000.00
2,000 x 4 = N8,000.00

ADMISSION OF TTS GRADUATES TO CITN PROFESSIONAL EXAMINATIONS

(i) Every TTS(taxation technician scheme) graduate who is interested in becoming a Chartered Tax Practitioner or Chartered Tax Administrator by sitting for the Institute’s Professional Examinations can do so after completing the Part II of the TTS Examinations and having obtained a minimum of five (5) credits, including English and Mathematics, in the GCE/WASC/SSCE Ordinary Level.
(ii) Every TTS graduate acquiring the above requirements on application, shall be exempted from the Foundation level of the Professional Examinations, and shall be required to write and pass all papers in Professional I and II to qualify for the Associate membership.

Find out more about CITN on its website www.citn.org/

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One Response to “Chartered Institute Of Taxation Nigeria (CITN)”

  1. 100001421020504

    Dec 11. 2012

    Best place to get TTS information.

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