73% of CIOT students pass ADIT exam

The Chartered Institute of Taxation (CIOT) has announced that 490 students have passed at least one of the June 2017 Advanced Diploma in International Taxation (ADIT) exams, out of a total of 675 students sitting the exams in 47 cities around the world

A total of 724 tax practitioners now hold the ADIT qualification, across 68 countries. A total of 135 students (including 15 with distinction) have completed ADIT in the last six months and can now add the post-nominals ‘ADIT’ after their name, including the first students to achieve ADIT from Austria, Cambodia, Ghana, Kuwait, Lebanon and Saudi Arabia.

According to Accountancy’s Top 75 trainees survey, 70% of students passed at least one module of CIOT’s CTA qualification in 2016 with 1,461 students taking an exam and 1,029 passing one or more papers at the November 2016 examinations.

John Preston, CIOT President, said: ‘I offer my congratulations to all candidates who were successful in their ADIT exams this June.

‘Employers and practitioners throughout the tax profession regard ADIT as a significant qualification in international tax, which tests candidates’ conceptual understanding as well as their ability to apply their knowledge to practical scenarios. Candidates who sit and pass the ADIT exams should therefore feel very proud of their achievement, as they have demonstrated a broad range of international tax skills and accumulated technical knowledge in their chosen subject areas.

The first ADIT exam was held in 2004 and is comparable to a postgraduate qualification. It is intended for senior level tax professionals and managers, or people working towards a senior level in international tax.

The qualification meets the needs of international tax practitioners working in the corporate arena. It is challenging and rigorous due to it being specialised and focused on international tax.

Preston said: ‘Achieving the ADIT qualification will, for some international tax professionals, be only the first stage of an ongoing relationship with the CIOT, and we hope to welcome the successful ADIT graduates as International Tax Affiliates of the CIOT in due course. We continue to explore new developments aimed at strengthening the post-qualification bond between our Institute and ADIT professionals, and expanding the range of services and benefits available to those who choose to retain a subscription package with the CIOT upon completion of the ADIT qualification.

 ‘At the same time, we always seek to improve the range of services available to students who are still to pursue the ADIT qualification, and to this end we are delighted to have recently introduced a new range of modular certificates. A modular certificate is available on-demand to any ADIT student who has completed both the Principles of International Taxation paper and any one of the option papers, and reflects the student’s developing expertise in their specialist international tax area as they prepare to sit their third and final ADIT paper.’

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