Education is not enough to certify one as a professional. The government of Ghana has put different bodies in place to act as a professional certifier. In regards to fiscal policy, the Chartered Institute of Taxation Ghana is the body that has been mandated with this role. CIT Ghana offers examinations to fiscal policy practitioner, after which they are certified as professionals in the taxation field.
The Charted Institute of Taxation, Ghana (CITG), is a Ghanaian body mandated by the government to regulate the practice of fiscal policy in the country. CIT Ghana is the solemn body that has the right to certify professionals in the taxation sector.
CITG examinations are conducted twice a year. Therefore, if you are a fiscal policy practitioner who is looking forward to becoming a professional, here is everything you need to know about the Chartered Institute of Taxation, Ghana.
CIT Ghana: history
CIT Ghana started its operation in the year 1978. On 2nd May 1980, the institute was incorporated to become a limited company. On the 8th February 2001, the institute officially became the Chartered Institute of Taxation. In 2011, a bill was drafted to incorporate the Chartered Institute of Taxation Ghana through the parliament’s act.
Later on, in May 2011, the West African Union of Tax Institutes (WAUTI) was launched by two founding institutes, namely the Chartered Institute of Taxation Ghana (CITG) and the Chartered Institute of Taxation Nigeria (CITN). WAUTI was put in place with its primary objective being the development and promotion of the fiscal policy profession in West African countries.
In 2011, the CITG signed a Memorandum of Understanding with Zenith University College, stating that the university would offer tuition in fiscal policy to all learners who want to join the fiscal policy. It was during this year that the CIT Ghana undertook a significant review of the institute's syllabus.
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President of CIT Ghana
In April 2010, the president of CITG Yaw Asante-Boadi realized that a tax education and training bill had been drafted before the cabinet. He, therefore, took it upon himself to streamline the process of training tax practitioners in Ghana.
The president of CIT Ghana observed the necessity of fiscal policy training, thus recommending that it would be vital for all tax practitioners in Ghana to undertake a full course in fiscal policy. At the moment the president of CICT is none other than Felix Ahima-Adonteng.
CIT Ghana professional syllabus
To ensure that taxation in Ghana is done professionally and efficiently, the CIT incorporated various reforms in the institute which included a new curriculum. After the 2011 review of the new curriculum, here are the courses offered to certify one as a professional:
- Public Sector
- Economics and Finance
- Income Taxation
- Accounting and Finance
- Indirect Taxation
- Revenue and Business Law
- Strategy and Governance
Final level 1
- Tax Audit and Investigations
- Oil, Gas and Mineral Taxation
- International Taxation
Final level 2
- Strategic Tax Planning
- Advanced Taxation Practice
- Tax Practice Administration and Ethics
CIT Ghana past questions
Interested persons can find the CIT Ghana past questions and answers on the school’s library and official website. The list containing all the questions and suggested answers are a reflection of the tax laws put in place during the period the examinations were undertaken. Here are the examination papers:
- ADIT Module 1- Principles of International Taxation
- ADIT Module 2.03 - Cyprus option
- ADIT Module 2.09 - United Kingdom option
- ADIT Module 3.01 - EU Direct Tax Option
- ADIT Module 3.02 - EU VAT option
- ADIT Module 3.03 - Transfer Pricing option
November 2019 exam papers
- Advanced Technical TOMC
- Advanced Technical IHT
- Advanced Technical Individuals
- Advanced Technical OMB
- Advanced Technical VAT UK
- Advanced Technical VAT CB
- Advanced Technical HCT
- APS Owner- Managed Businesses
- APS Inheritance Tax, Trust and Estates
- APS Taxation of Larger Companies and Groups
- APS Human Capital Taxes
- APS Taxation of Individuals
- APS VAT and Other Indirect Taxes
- Awareness Module A VAT
- Awareness Module B IHT
- Awareness Module C CT
- Awareness Module D Individuals
- Awareness Module E Taxation of Unincorporated Businesses
Since the establishment of CIT Ghana, the tax strategy policy in the country has improved greatly. With the enactment of the CIT Act 2016 (Act 916) article 2 and 3, the main goal of the institute will be fully realized.
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