The Chartered Institute of Taxation (CIOT) has welcomed the highest ever number of students who have applied to sit exams for its ADIT (Advanced Diploma in International Taxation) qualification.
In all, 784 students have entered for ADIT exams in June – 96 more people than in June 2015. A total of 30 students applied to sit the first ADIT exams when it was launched in 2004.
Chris Jones, CIOT President, said:
“We have taken a long-term view about the level of interest in studying ADIT and it appears to be paying off. It seems that the massive coverage of taxation in the mainstream UK and global media in recent times is actually helping to further open people’s eyes to how important and interesting international taxation is to study.
“Thanks to ADIT, tax practitioners moving from one country to another will share an internationally recognised qualification that sets a global benchmark in international tax expertise – that is great for the profession and their clients.
“We hope that more holders of the ADIT qualification apply to become an International Tax Affiliate of the Chartered Institute of Taxation, one of the biggest tax organisations of its kind in the world.”
The ADIT qualification provides students with the opportunity to prove and improve their own, or their team's, credentials as international tax professionals. ADIT has been pursued in more than 100 countries and in every continent around the world. Among the topics that all students will learn about are double taxation conventions, transfer pricing and thin capitalisation rules, International tax avoidance and cross-border mergers.
Students are required to complete three papers: the mandatory Paper 1 exam, and any two Paper 2 or Paper 3 exams (although a thesis may be completed in lieu of one Paper 2 or Paper 3 exam). Exams can be sat in any city in the world, with a range of jurisdiction-focused and thematic option papers. Students may sit ADIT exams in either the traditional handwritten manner or, since 2014, by typing their answers using a pioneering on-screen exam application installed on their own laptop devices.
Notes for editors
- For more information about ADIT, such as its syllabus, click here.