THE EFFECT OF TAXATION ON THE POLITICAL ECONOMY OF NIGERIA

TABLE
OF CONTENTS
Title page                                                                                         
Certification                                                                                             
Dedication                                                                                        
Acknowledgement                                                                                   
Table of contents                                                                             
Abstract                                                                                          
CHAPTER ONE: INTRODUCTION                                           
Background information to the study                                                        
Statement
of the problem                                                                         
Objective
of the study                                                                      
Scope
of the study                                                                                    
Limitation
to the study                                                                    
Significance
of the study                                                                            
Research
question                                                                                      
Definition
of the terms                                                                    
Plan
of the study                                                                              
CHAPTER TWO: REVIEW OF RELATED LITERATURE     
Classification
of taxes                                                                              
Principle
of taxation                                                                        
Difficulties
encountered by tax collector                                         
Incidence
of tax                                                                                
Tax
rate structure                                                                                     
System
of taxation                                                                                   
Economic
effect of taxation                                                             
The
income tax management act 1961                                                       
CHAPTER THREE : RESEARCH METHODOLOGY             
Instrumentation
and research design                                                 
Population                                                                                       
Questionnaire                                                                                  
Interview                                                                                          
Interview
guide                                                                                
CHAPTER FOUR : DATA ANALYSIS AND FINDING            
Analysis
of Data                                                                               
CHAPTER FIVE:
SUMMARY, RECOMMENDATION AND CONCLUSION
Research
findings                                                                            
Conclusion                                                                                       
Recommendation                                                                            
REFERENCES                                                                               
BIBLIOGRAPHY                                                                          

ABSTRACT
          The
effect of taxation on political economy of Nigeria. A case study of Ise/Orun
local government of Ekiti state. The project concerned with finding the effect
of taxation on the political economy of Nigeria with particular reference to
Ise/Orun local government of Ekiti.
          Chapter
one of the study carried out the root of the project i.e the definition of
local Government, how local government raise fund to cover it current
expenditure as well as the development project or programmes.
          Chapter two trace the literature
review i.e the participation of the philosopher that wrote on taxation and
effect on political economy   in Nigeria and value of tax.
          Chapter three talk about the research
methodogy i.e the major instrument use for data collection which is
questionnaires.
          Chapter four focus on data analysis
and finding. The chapter involve the of analysis of the data collected.
          Chapter five discusses the summary,
recommendation and conclusion of the study. So as to this the effect on the political
economy of local government cannot be over emphasized
CHAPTER
ONE
INTRODUCTION
BACKGROUND
INFORMATION TO THE STUDY
          A local government cab be defined from
the simple perspective as government that is the nearest to the people. The
local government raises fund to cover it current expenditure as well as it
various development programmers. However, the local government realizes bulk of
their funds through taxation which is the focus of the research project.
          Therefore, tax can be defined as
levies are national, state, local government on individual or corporation. It
is a compulsory payment made by the individual or enterprises to the
government. Part of the income or wealth of an individual or enterprise is
taken away and used by the state.
          The benefit derived from the payment
do not necessarily correspond is it magnitude to the amount of the tax paid but
the benefit goes to anyone irrespective of whether to contribute to the public
expenditure or not. Ise/Orun local Government was created on October 1st,
1996 under the administration of late General Sanni Abacha.
          The local government was curved from Ise
Ekiti government. The town under   Ise/Orun
local government is Afolu, Ogbese, Odada, Oko oyo, Ese, and other villages
under it. The local Government headquarter is sited at Ise-Ekiti.
STATEMENT OF THE PROBLEM
          Taxes have been one of the major
sources of revenue of any country, there are a lot of problem faced in
collecting such.
          Individual and private company usually
declares false profits so as to present correct assessment by the tax officials
by them.
          The tax payers, most especially the
farmer use to run away immediately the see the tax collectors with their files,
similarly the farmers do complain of time of collecting which is not suitable
for them, and the recommendation should be made to the government for the
collection of taxes.
OBJECTIVE OF THE STUDY
The
main objectives of the study are:
       i.           
To observe the effects
of taxation on the political economy of Nigeria in Ise/Orun local Government.
     ii.           
To identify the
problems faces by tax collectors during the process of collecting the taxes.
  iii.           
To recommend solutions
to the observed problems going against the collection
  iv.           
To examine the
usefulness of tax to the people of Ise/Orun local Government.
SCOPE OF THE STUDY
          The research has gone beyond the study
of Ise/Orun local Government. It is based on so many local Governments in
Nigeria.
          It is a widely held notion that the
system of income tax action in Nigeria is a very important redistributive
factor; this research has get to the extent by which married women pay their
own tax based on their income. In addition there is a married couple allowance.
From April 1993 this take part in he effective of taxation on political economy
of Nigeria and as far as taxation is based on political economy of Nigeria all
citizens are subjected to range of indirect taxes, such as Value Added Tax
(VAT).
LIMITATION TO THE STUDY
          In as much the topic in the research
question is taxation issue and is also political economy. It therefore requires
sampling of opinion across the county and the large financial involvement
limited the research to some materials, it also limited the people we can get
in touch with around us. This account for limitation to the study
          The research has hinted his work to
effect of state in general and Ise/Orun Local Government
SIGNIFICANCE OF THE STUDY
          The following benefits are derivable
from this project which should be discussed as follows:
1.     It
will enable the researcher to identify the problem militating against employee
performance as a result of high taxation on their salary.
2.     It
will create awareness that revenue generated from taxation can be used for
development of Ise/Orun local government.
3.     It
will reveal the relevance of tax collection in development of the local
government.
4.     It
will enable the government to know the most effective type of taxation that
should be adopted.
5.     It
will be an eye-opener to future research which may have interest in conducting
research on taxation.
RESEARCH QUESTION
1.     What
are the effects of taxation on the political economy of Ise/Orun local
Government of Ekiti state?
2.     What
are the problems faced by tax collectors during the process of collecting
taxes?
3.     What
are the advantages of taxation for the people of Ise/Orun Local Government?
DEFINITION OF THE TERMS
          Some
technical terms which features in the research place are defined below so as to
enhance proper understanding of the project matter.
          Tax:
a tax is a compulsory payment or levy imposed by government. (Dictionary of
management: 404)
          Administration:
this is a formulated system which is intended to control, supervise, plan, and
make decision about activities of an organization on the basis of established
authority.
          Direct
tax
: this are taxes which government caries
on the personal income or properties of the taxable individual citizens and are
collected directly from time to time e.g. personal income tax, company profit
tax, capital gain tax marriage and entertainment fees etc.
          Indirect
tax:
these are taxes which are levied on
goods and services. They usually come in two forms. Specific and advalorem e.g.
import duties, export duties, excise duties.
          Personal
income tax:
this is the tax paid by the
companies to the Government from their profit.
          Excise
Deities
: there are taxes imposed on imported goods
          Property
tax:
this is the tax on property on an individual.
PLAN OF THE STUDY
          The
aim of writing this essay is to examine the effect of taxation on the political
economy of Ise/Orun local Government of Ekiti state Nigeria. Chapter one of the
study comprises the historical background information to the study, scope and
limitation of the study and also significance of the study. Chapter two
comprises the review of related literature definition of taxation,
classification of taxation and the people that are responsible for paying
taxes. Also the research will critical examine the tax collector during the
problems encountered by the tax collectors during the process of collecting
tax. In the chapter, the principle and system of tax will also be viewed. Chapter
three deals with the instrument and method in collecting the required information
description of the population sample for the study and method in analyzing, the
data collected. Chapter four involve the process of analyzing data collected,
meanwhile in the methodology of the study, the researcher uses questionnaire
and oral interview. Lastly recommendations are made to solve the problem or
difficulties by the tax collector also summarized and conclusion were contained
in it
REFERENCES
ARIWODOLA
(1978).Personal taxation in Nigeria. Concept publication limited Lagos.
DUE J.F (1987).Taxation
and economic development in typical Africa Cambridge. Mass Mitt press
EWA U.D. & G.A
(1983). New system economic Africal fed publisher limited zaria

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