The Advanced Diploma in International Taxation (ADIT) qualification is administrated and awarded by the Chartered Institute of Taxation, the largest and most prestigious professional body in the UK regarding taxation.
Designed by a board of world-leading experts, it has been created to provide the robust foundation in international tax that today’s professional needs to stand out from the crowd.
As Nepal is transiting towards economic development and receiving Foreign Direct Investment (FDI) from more than 80 countries globally and tax is becoming a critical part of the work of most professionals since they are facing more and more challenges and more complex tax structures in their daily routine.
A key characteristic of international corporate tax advisers is that they have a variety of backgrounds and typically spend time in more than one country. This is where the unique, specialist qualification meets the needs of such international tax practitioners by allowing them to specialise in international and cross border taxation.
The Advanced Diploma in International Taxation is a unique internationally recognised specialist Diploma designed to meet the needs of International Tax practitioners. It provides candidates the opportunity to prove and improve their credentials as International Tax Professionals by ensuring they develop and enhance their knowledge and understanding of theory and practice.
The ADIT indicates a high level of competence in International Taxation and a successful candidate will be able to demonstrate knowledge in three areas:
The principles of International Taxation:
- In-depth knowledge of International Tax issues for their primary jurisdiction.
- An awareness of basic tax issues, particularly in relation to International Tax, in at least one secondary jurisdiction or subject.
- Being entitled to put the ADIT designatory letters after your name.
- An independent means of demonstrating international tax expertise, and a global benchmark of quality and achievement
- Holding a portable qualification across borders and industries
- Demonstrate your expertise in multiple tax jurisdictions or topics and in a range of taxation systems
- Having the option to become an International Tax Affiliate of the Chartered Institute of Taxation
Additional CIOT credit: As an ADIT holder, you will be eligible to register onto the CIOT’s Chartered Tax Adviser (CTA) qualification and, if you passed the ADIT Paper 2.09 United Kingdom option, you will be awarded a credit (on application) for the CTA Advanced Corporation Tax Advisory paper. The credit will be valid for five sittings following the candidate’s first sitting of a CTA written tax paper.
- The status attaching to formal affiliation with the the CIOT, the premier professional body in the UK concerned solely with taxation.
- The right to describe oneself as an International Tax Affiliate of The Chartered Institute of Taxation
- Access to Tax Adviser, the CIOT’s monthly online journal and website, which includes technical articles, current tax notes, digests of tax cases and news from the CIOT
- A framework of ethical standards and practice guidelines
- CPD opportunities and access to a range of tax events
- Participation in the technical and social activities organised by UK and international branches globally
- Use of the CIOT’s Tony Arnold Library at King’s College, London.
This is an open access qualification and anyone who has a keen interest in taxation may apply for registration. Applicants are welcomed from all parts of the world and residence in the UK is not necessary in order to register.
An application for registration must be submitted together with a fee of £185.
The exam fee for the June 2017 exams is currently STG £ 170 per paper, which includes technical articles, current tax notes, digests of tax cases and news from the Institute. The thesis fee is STG £ 170. Fees are set by the CIOT and are subject to annual review.
Register as a student and apply to sit the exams
- You must register as a student with the Institute for which you need a valid e mail address. Students should aim to be registered by 31 January if they wish to sit an examination the following June and 31 August if they wish to sit an exam in December.
- Registration fee-STG £ 185 (valid for 5 years)
- Then you must separately apply to sit the examination. The deadline for this is the end of February for the June examination and 12th September for the December examinations.
- Sit and pass the three exam papers
- You can sit all the three papers for the ADIT qualification separately or all at once.
- Paper 1 is compulsory, you can choose any combination of the other papers.
- There is a handwritten sitting of the exams in June and on screen sittings of the exams in June and December. Each examination is 3 hours 15 minutes in length (including 15 minutes reading time)
- You are allowed to take certain publications into the examination.
The pass mark for each paper is 50%. The results are released in August and February.
ADIT is ideal for a variety of professionals such as Lawyers, Accountants, Tax Advisers, Management Consultants, Financial Advisers and Notaries. If you intend to pursue a career in international taxation- in industry, commerce, private practice or in the public sector-this is the qualification for you.
ADIT meets the demand both in and outside Nepal for a specialist qualification for international tax practitioners in the corporate area. The Diploma shows you have a high level of competence in international taxation and brings you the benefits of an internationally recognised qualification. It recognises that international tax advisers need to understand more than one tax system.
- The qualification is in modular form and is awarded when all stages have been completed. It consists of three papers although a thesis may be substituted for either Paper II or III (but not both)
- All papers may be sat at one examination sitting over three days.
- The entire qualification must be completed within five years.
Paper I: Principles of International Taxation (3 hours plus 15 minutes reading time)
This paper is not country-specific, but focuses on key issues such as:
- Principles of International Tax Law
- Double Taxation conventions
- Treaty interpretation
- Transfer pricing
- The work of the OECD
- International Tax avoidance
Paper II: Advanced International Taxation – Primary jurisdiction (3 hours plus 15 minutes reading time)
Candidates are expected to have a detailed knowledge of a primary country’s tax regime regarding International Tax matters. Candidates may choose one of the established papers or they can substitute a thesis.
India option or Thesis option, see below
Paper III: Advanced International Taxation – Thematic-Secondary jurisdiction (3 hours plus 15 minutes reading time)
Candidates are expected to have a detailed knowledge of international tax issues concerning a specific area of taxation, or a transactional grouping such as EU.
We offer tuition for the Transfer Pricing.
Thesis Option – Paper II / Paper III:
- Candidates have the option of writing a thesis as an alternative to either (but not both of) Paper II or Paper III. The thesis must be between 15,000 and 20,000 words on International Taxation.
- If a candidate wishes to submit a thesis instead of Paper II, the topic of the thesis should relate to some aspect of International Tax primarily concerning the candidate’s primary jurisdiction.
- If a candidate wishes to submit a thesis instead of Paper III, the topic of the thesis should relate to some aspect of International Tax as it primarily affects a secondary jurisdiction or transnational grouping such as the EU.
Prior to commencing work on a thesis candidates must have a thesis proposal form approved. The thesis must be submitted within three years of approval being given.
Examinations take place once a year, during June, for all papers and in December only for Paper I and III Transfer Pricing option, EU Direct Tax option.
There are currently examination centres in: Australia, Brazil, China, Cyprus, Dubai, Hong Kong, India, Kenya, London, Malta, Mauritius, Nigeria, Republic of Ireland, Romania, Singapore, Switzerland, and USA.
Upon successful completion of the ADIT exams (or completion of two exams and a thesis) candidates will receive a certificate. If you wish to receive stand-alone certificates for Principles of International Taxation and/or Transfer Pricing, the fee is STG £25 per certificate.