CHARTERED INSTITUTE OF TAXATION OF NIGERIA ACT
Act · Finance
An Act establishes the Chartered Institute of Taxation of Nigeria to regulate tax practitioners and set standards for taxation practice. It targets tax consultants, accountants, and revenue service officials. This promotes professional development and supports Nigeria's tax system.
CHARTERED INSTITUTE OF TAXATION OF NIGERIA ACT
What Is This Policy?
An Act establishing the Chartered Institute of Taxation of Nigeria (CITN) as the professional body for tax practitioners in Nigeria, setting standards for the practice of taxation.
Who Does It Target?
Tax practitioners and tax consultants FIRS and state revenue service officials Accountants and lawyers practising in tax Universities offering taxation programmes
What Does It Aim to Achieve?
Regulate the practice of taxation in Nigeria, promote professional standards, provide training and certification, and support the development of Nigeria's tax system.
Key Features
Professional Registration: Tax practitioners must be registered with CITN to practise professionally. Examinations: CITN administers a comprehensive professional tax examination programme. CPD: Members must complete continuing professional development annually. Ethics: Enforces the code of professional conduct and investigates misconduct.
Current Status
Rollout Stage: Active Coverage: Nigerian tax sector Beneficiaries: Taxpayers; tax administration system; tax practitioners Funding: Member subscriptions; examination fees
How to Access
Hold an approved academic qualification Pass CITN professional examinations Register with CITN and pay annual subscription Application method: Apply for membership with CITN at https://www.citn.org
Important Terms
CITN membership is increasingly required by FIRS and corporate bodies for senior tax appointments Unregistered persons providing professional tax advice for a fee may be in breach of the Act Annual CPD compliance is verified by CITN before renewal of practising certificate
Official Resources
Website: https://www.citn.org Contact: Chartered Institute of Taxation of Nigeria (CITN)
Legal Framework
Enacted under the legislative powers of the National Assembly as the Chartered Institute of Taxation of Nigeria (CITN) Act (Cap C10 LFN 2004). Operates alongside the Companies Income Tax Act (CITA), the Personal Income Tax Act (PITA), the Federal Inland Revenue Service (Establishment) Act, and the Finance Acts. Aligns with OECD guidelines on tax practitioner standards and the African Tax Administration Forum (ATAF) capacity building framework.