The ADIT qualification offers a fantastic return on investment. This article explains the costs of ADIT to help you decide on investing in your international tax career.

1. Mandatory Fees to Chartered Institute of Taxation

2. Costs for Permitted Texts

The syllabus for each ADIT module lists books which you are permitted to bring into the exam hall to use as reference materials during the examinations (known as Permitted Texts). You should include the costs of buying at least some of these Permitted Texts when evaluating the costs associated with ADIT.

It is possible to obtain free online copies of some of the materials, e.g. the UN Model Convention & Commentary, to use in your studies. However, it is not possible to bring printed versions of these materials into the exam centre, as all Permitted Texts must be bound books.

As a minimum, you should purchase the latest version of  the relevant volumes of ‘Materials on International, TP and EU Tax Law’ by Kees Van Raad. These are available to buy from the International Tax Center Leiden‘s webshop at https://webshop.itc-leiden.nl/.

The volumes and current prices for the Kees Van Raad materials are:

• Volume A – focuses on international tax law materials and includes the OECD Model Convention & Commentary, the UN Model Convention & Commentary, key OECD reports and the BEPS reports on Actions 2 & 7. A full table of contents is available here.
  • Price: €60 (currently out of stock as the 2020/21 version is being released in April 2020).
• Volume B – contains the most relevant texts on transfer pricing, including the 2017 version of the OECD Transfer Pricing Guidelines and the UN Practical Manual on Transfer Pricing for Developing Countries. A full table of contents is available here.
  • Price: €45
• Volume C1 – contains EU texts, including the full text of the Treaty on the Functioning of the European Union, updated texts of various Directives and 65 decisions of the EU Court of Justice relating to income tax issues from the period July 2016 – April 2018. A full table of contents is available here.
  • Price: €45
• Volume C2 – contains decisions of the EU Court of Justice relating to income tax issues from January 1986 to July 2014. A full table of contents is available here.
  • Price: €40

Volume A is essential for Principles of International Taxation and many of the optional ADIT papers, including the jurisdictional options. Volume B is essential for the Transfer Pricing module. Volumes C1 & c2 are essential for the EU Direct Taxation module.

Buying all four volumes of Materials on International, TP and EU Tax Law currently costs €190 plus postage. These materials are a good investment for any practitioner of international tax, whether or not studying for ADIT.

3. Costs of ADIT Course Providers

The most significant part of your investment in your ADIT studies is likely to be the cost of ADIT training courses. There are a variety of options on structure, delivery, pricing etc. and you’ll need to decide which options will give you the best learning experience for your investment.

The CIOT publishes a list of ADIT course providers here. You’ll have to visit their individual websites or contact them for pricing details. The CIOT recommends that you ask questions to evaluate the following factors when deciding on your ADIT course provider:

• Style
• Content
• Success rates 
• Experience and qualifications held by the tutors

You can find detailed information about the ADIT training provided by Extratax Training at ADIT Information and ADIT FAQ. We measure success not just in terms of achieving your ADIT diploma or certificate – also by how we increase your international tax skills and knowledge to help your career advancement. 

 

4. Benefits of ADIT 

The costs of ADIT are easier to quantify than the benefits, but we believe that investing in ADIT offers a significant return on investment. Our tutors can tell you their personal stories about their ADIT success. If you’d like to hear what senior international tax experts have to say about ADIT, visit the ADIT section of the etaxjobs website to read comments including:

“ADIT provides in-depth knowledge of cross-border tax, invaluable to a global company like Michelin. It enhances the value that I am able to add to the business and provides opportunities to extend my horizons beyond the UK.”

Michelin | Robert Johnstone ADIT, Director of International Taxation | Singapore

“ADIT has a perfectly balanced curriculum which enabled me to study international tax in a systematic manner, and I found that completing my LL.M. was much simpler because of my previous ADIT studies.”

P.R. Bhuta & Co. Chartered Accountants | Harshal Bhuta ADIT, Partner | India

“The addition of the ADIT qualification was a clear choice to enhance our offering as an independent consultancy. It strengthens our own brand, and offers our clients the security that the advice they receive is of an assured, global standard. We have not looked back.”

Priority Tax Consulting | James Ryan ADIT, Principal | Ireland

“In pursuing the ADIT exams, I developed a strong technical understanding of international tax issues, and by successfully completing ADIT I was able to gain the confidence to apply this technical knowledge of important topics affecting my clients, such as transfer pricing and permanent establishments. My success, first as an ADIT student and now as an International Tax Affiliate of the CIOT, has not only assisted my self-development, but has helped me to gain significant recognition as an international tax practitioner.”

Grant Thornton | Quang Tran-Trung Phan ADIT, Tax Manager | Malaysia

 

We’re always happy to answer questions about our online ADIT training courses and give you the benefit of our ADIT experience. Email us at info@extrataxtraining.com or start a conversation with our founder, Catriona Loughran, on LinkedIn.