This module covers in detail the federal income tax, with particular emphasis on in-bound and out-bound cross-border situations, US tax treaties, transfer pricing and cross-border mergers and acquisitions. It also covers the basic rules of, and cross-border issues in, the federal estate tax, the federal gift tax, and state and local taxes. Please see the Syllabus for full details, or download the syllabus extract below.
The exam consists of three parts. Part A consists of two mandatory questions worth 25 marks each. Part B consists of one mandatory question worth 20 marks. Part C consists of four questions worth 15 marks each, of which candidates are required to answer any two.
This exam is currently offered in the June ADIT exam session.
Preparing for the exam
Candidates are encouraged to enrol on a relevant tuition course, as part of their ADIT exam preparation. For full details of all course providers for the United States option paper, please click here.
To download past papers for all ADIT exams, together with suggested solutions and examples of successful candidate scripts, please click here.
Sitting the exam
To register online for ADIT exams, please click here. Please note that, if you have not yet registered as an ADIT student, you will need to complete your ADIT student registration in order to be eligible to sit ADIT exams. To register as an ADIT student, click here.
For a list of current ADIT exam centres, please click here.