ABSTRACT
The
contribution of taxation to economy can not be over emphasized apart from the
revenue function it performs for the government; it is also used to assist the
nation government to achiever the country’s macro economic objective in the
areas of the monetary policies. It has been observed over the years in Nigerian
economy that the taxation derived from companies has been grossly understated
due to the improper administration of Nigerian tax system in the collection and
assessment of companies in any fiscal year. companies are know to be evading
tax which is criminal in nature and also
avoiding tax due to the various loopholes in the tax lows. Non- compliance with
tax rules and regulations has been a battle neck which is a Kay factors in the
ineffectiveness in the management of Nigerian tax system.
contribution of taxation to economy can not be over emphasized apart from the
revenue function it performs for the government; it is also used to assist the
nation government to achiever the country’s macro economic objective in the
areas of the monetary policies. It has been observed over the years in Nigerian
economy that the taxation derived from companies has been grossly understated
due to the improper administration of Nigerian tax system in the collection and
assessment of companies in any fiscal year. companies are know to be evading
tax which is criminal in nature and also
avoiding tax due to the various loopholes in the tax lows. Non- compliance with
tax rules and regulations has been a battle neck which is a Kay factors in the
ineffectiveness in the management of Nigerian tax system.
The
main objective of the project is to explore the relationship between taxation
and Nigerian economic growth of the nations the primary and secondary data were
applied in carrying out this research work.
main objective of the project is to explore the relationship between taxation
and Nigerian economic growth of the nations the primary and secondary data were
applied in carrying out this research work.
Chi- square and multiple liner
regression analysis was used to analyze the primary and secondary data
respectively, the findings reveal that there is a significant relationship
between taxation and Nigerian economic
development tax evasion and avoidances are major hindrances to revenue generation Nigerian
economic , on – compliances with tax
laws on the part of the tax payer is a hindrance and in effectives tax
administration has giver enough loop
holes to poor generation of this major sources of incomes. We recommend among
other the computerization of the integrated tax operation for enhancement in
revenue collection.
regression analysis was used to analyze the primary and secondary data
respectively, the findings reveal that there is a significant relationship
between taxation and Nigerian economic
development tax evasion and avoidances are major hindrances to revenue generation Nigerian
economic , on – compliances with tax
laws on the part of the tax payer is a hindrance and in effectives tax
administration has giver enough loop
holes to poor generation of this major sources of incomes. We recommend among
other the computerization of the integrated tax operation for enhancement in
revenue collection.
TABLE OF
CONTENTS
CONTENTS
Page
Title i
Certification
ii
ii
Dedication iii
Acknowledgement
iv
iv
Abstract v
Table of Contents
CHAPTER ONE:
1.0
Introduction 1
Introduction 1
1.1
Background to the Study
1
Background to the Study
1
1.2
Statement of the Problems
3
Statement of the Problems
3
1.3
Research Questions 6
Research Questions 6
1.4
Objectives of the Study 6
Objectives of the Study 6
1.5
Hypotheses of the study
6
Hypotheses of the study
6
1.6
Significance of the Study
7
Significance of the Study
7
1.7
Scope of the
study 7
Scope of the
study 7
1.8
Special terms 8
Special terms 8
1.9 plan of the study 9
End
of chapter references 10-11
of chapter references 10-11
CHAPTER
TW0
TW0
2.0. Introduction
12
12
2.2. Classification of tax 14
2.3. Collectible Taxes and Levies by
Each Tier of the Government in
Each Tier of the Government in
Nigerian 15
2.4. Taxation and Fiscal
Regulation In Nigerian 18
Regulation In Nigerian 18
2.5. Impact of Taxation on Economic
System in Nigerian 26
System in Nigerian 26
2.5.0. Objectives Of Nigerian Tax
System
29
System
29
2.5.1. To Promote Fiscal
Responsibility and Accountability 29
Responsibility and Accountability 29
2.5.2. To Facilities Economic Growth
and Development 29
and Development 29
2.5.3. To Provide the Government
with Stable Resources For The
with Stable Resources For The
Provision of Public Goods and Services 30
2.5.4. To Address Inequalities
Income Distribution 36
Income Distribution 36
2.5.5. To Provide Economic Stabilization
31
31
2.5.6. To Current Market Failure and
Imperfection
31
Imperfection
31
2.5.7. Feature of the Nigerian Tax
System
31
System
31
2.6.1. Simplicity Certainty and
Clarity
31
Clarity
31
2.6.2. Law’s Compliances
Cost 32
Cost 32
2.6.3. Law’s Cost Of
Administration
32
Administration
32
2.6.4. Fairness 33
2.6.5. Flexibility
33
33
2.6.6. Efficiency
33
33
2.7. Imperatives of Tax as A Tools
For Economic
34
For Economic
34
End of Chapter References.
37
CHAPTER
THREE
THREE
3.0. Research Methodology 39
3.1. Introduction
39
39
3.2. Areas of the Study
39
39
3.3. Research Design
40
40
3.4. Methodology
41
41
3.5. Administers of Data Collection
and Instrument 41
and Instrument 41
3.6. Hypothesis Retested
42
42
3.7. Data Analysis
42
42
References
52
52
CHAPTER
FOUR
FOUR
4.1. Introduction
53
53
4.2. Data Presentation
53-54
53-54
4.3. Analysis of Data
54-66
54-66
4.4. Test of Hypothesis
67-69
67-69
4.5. Result and Discussion
70-72
70-72
4.5. Appendix
70-72
70-72
CHAPTER FIVE
5.0. Summary, Conclusions and
Recommendation
73
Recommendation
73
5.1. Summary of the findings
73-74
73-74
5.2. Conclusions 74-75
5.3. Recommendation
75-79
75-79
5.4 further area of the study 79-81
End of Chapter References
Bibliography 86
Appendix
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