The Chartered Institute of Taxation of Nigeria started on February 4, 1982 as Association of Tax Administrators and Practitioners. Thereafter, it transformed into Nigeria Institute of Taxation, which was formally launched on February 21, 1982 and statutorily recognized on May 6, 1987 as company Limited by Guarantee.

The Institute was chartered by the Federal Government of Nigeria by the enabling Act No. 76 of 1992 (now CITN Act, CAP C10, Vol. 2, Laws of the Federation of Nigeria, 2004) and was charged with the responsibility, among others, of determining what standards of knowledge and skills are to be attained by persons seeking to become professional Tax Practitioners or Administrators. 
√THE CASE OF CITN vs ICAN [suit no.M/476/2005]

               ICAN and CITN faced off on who had the power to regulate tax. In particular ICAN had the power, by its enabling act, to regulate “Accountancy”. But the law did not define all that fell under the term. But taxation is a typical service rendered by ACAs. But that notwithstanding, the court ruled against ICAN in its verdict reached in 2007. 

                Justice Lateefat Okunnu held that “The law makers in their wisdom, have created a new profession out of tax practice. It is not for the court of law to question them for so doing. Nor can the court attempt (by means of its pronouncements) to abrogate this law simply because a particular judge is not enamored of it. As we say in legal circles, sentiments have no place in law. All that the court will do is to interpret laws in such a way as to give them the proper meaning and effect that the law makers intended. This particular law – the CITN Act – I find, has come to create a new order that hitherto did not exist. It has created the taxation profession, and determined and defined the “space”, as it were, within which that profession is to exist and be practised.” Needless to say, CITN won. 
√THE MOU OF 10 MARCH, 2015

             Basically this Memorandum of Understanding signed by CITN & ICAN provides, among other things, that ICAN members will be admitted into membership of CITN with no exams. Just pay and be inducted. The reverse is not the case.

            ICAN if you are not yet sure what branch you want to specialize in. CITN if you are sure you want to be s tax accountant. But I would advise  ICAN whichever be the case because 1) It is more recognized in tax practices than CITN certification. So do well and get both. 2) You may change your mind tomorrow. CITN would have pigeonholed you to taxation.


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