The Chartered Institute of Taxation of Nigeria (CITN) is the professional body which has the authority to regulate tax practice in Nigeria.
The aims and objective of the institute among others are:
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.
The Exam is in three parts: Foundation, Professional taxation I and Professional taxation II and is taken in April and October Every year with each level having 4 courses (16 courses in all).
Foundation
- Principle of Taxation
- Financial Accounting
- Business Law
- Economics
Professional Tax I
- Financial Reporting
- Income Tax
- Indirect Tax
- Governance Risk and Ethics
Professional Tax II
- Tax Audit and Investment
- International Taxation
- Financial / Tax Analysis
- Income Tax for Specialid Business