EXAMINATIONS

A. ELIGIBILITY TO REGISTER FOR THE EXAMINATION.

Entry for the Institute's Examinations 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.

B. EXAMINATION SYLLABUS

Foundation	Professional examination I
Paper 1: Accounting Paper 2: Business Law Paper 3: Managerial Economics Paper 4: Management Information System	Paper 5: Revenue Law Paper 6: Personal Taxation Paper 7: Business Taxation Paper 8: International Taxation
Professional examination II
Paper 9: Tax Audit and Investigation Paper 10: Oil, Gas & Other Mineral Taxation Paper 11:Tax Practice and Business Mangement Paper 12: Case Study in Taxation

These examinations take place twwice every year in March and September.

C. EXEMPTION CLAUSE:

The Institute will consider applications for exmptions from holders of the following qualifications:

1. B.Sc./HND Taxation (from all parts except Professional II)
2. Associate members of the Institute of Chartered Accountants of Nigeria with at least one-year tax experience. (From all parts except Revenue Law, International Taxation and PE II).
3. Lawyers (from all parts except Accounting, International Taxation, Revenue Law except where it was offered at the University and PE II)
   
4. Other qualifiacations from other recognized professional bodies and institutions acceptable to the Institute. (Subject for subject exemtion except Revenue Law, International Taxation and PE II).
5. M. Tax holder (From all parts except Accounting, International Taxation, Revenue Law and PE II)

GRADUATES

These are candidates who have passed the prescribed examination of the Institute and satisfied Council that they are fit and proper persons to be so enrolled.

ASSOCIATES

These are two categories:

1. Those who have passed the examinations of the Institute and have acquired 18 months post-qualification experience in Tax Practice or administration, and
2. Those who are members of some Professional Bodies and holders of other qualifications as laid down in Rule 3(b) of the Membership Rules and Regulations. They must also have acquired the relevant tax experience. This direct admission ceased to apply as from November, 2000. As from December, 2000, all candidates seeking to become members of the Institute must pass the prescribed examinations and/ or satisfy the rules laid down by Council.

Furthermore, a person shall be considered for registration as a member of the Institute if, he has attained the age of 21 years and he is of good character and a fit and proper person to be admitted.

Associate members use the designatory letter ACTI, meaning Associate member of the Chartered Institute of Taxation of Nigeria. The annual subscription fee is N5,000.

FELLOWS

Associate members who have satisfied Council that for a period of 5 years immediately preceding the date of the application in that behalf, they have been in continuous active practice as professional tax practitioners or administrators. Fellows use the designatory letters FCTI meaning, Fellow of The Chartered Institute of Taxation of Nigeria

Upon admission, every member shall be issued a certificate under seal according to the class of membership. This certificate remains the property of the Institute and must be returned to it any time a member ceases to be entitled thereto under the Institute’s rules and regulations. With the introduction of practicing licence, the membership admission rules have been amended to allow those who train in industry to become members provided they could satisfy Council that they have obtained the relevant tax experience. Such members may not qualify for practicing licence until they acquire the mandatory 36 months period of training in a firm of Chartered Tax Practitioners.

The annual subscription is N10, 000.

NOTE:

1. Members are advised that it is compulsory for them to earn a minimum of 35 credit hours in a year.
2. Members who do not earn up to these stipulated credit hours stand the risk of being penalized.
3. The Mandatory Professional Training Programme participation fee, which is a non-residence programme of the Institute is N15,000.