This study examines the impact of taxation on investment and economic growth in nigeria from 1980-2010 the ordinary least square method of multiple regression analysis was used to analyze the data. This research work is on effects of multiple taxation on business survival in nigeria chapter two 21 review of related literature taxation is one of the major fiscal policies the government of any nation such as nigeria can use to achieve economic stability and in the financing of capital expenditure. However, these functions have been greatly impaired due to the menace of tax evasion and avoidance for instance, under the direct personal taxation as practiced in nigeria, collection of taxes from the self employed such as businessmen, contractors, professional practitioners like doctors, accountants just to mention a few, has been 7 a problem.
Tax payment is a voluntarily contribution imposed by the government on personal income earners, companies, investors, exporters, importers etc revenue realized from taxation is a major source of revenue to the government of nigeria, and as such is an important tool used in the development of nigeria and her economy a country’s tax policies. Ho1 tax revenue has no significant positive impact on economic development of nigeria using (hdi) ho 2 the effect of tax revenue on the economic development of nigeria is not significantly different from its. Leading professional services firm, pricewaterhousecoopers (pwc) has today presented a report titled impact of corruption on nigeria’s economy to the vice president, prof yemi osinbajo, at the presidential villa, abuja.
Effects of taxes: the most important objective of taxation is to raise required revenues to meet expenditures apart from raising revenue, taxes are considered as instruments of control and regulation with the aim of influencing the pattern of consumption, production and distribution. The impact of taxation on nigeria economy growth abstract this research work was carried out in order to find out if actually there is any impact which taxation has on nigerian economy and the survey for this study is based on enugu state. Nigerian tax system and administration: implications of multiple taxation on the economy omesi, israel mba, (phd), cpa (2006) observed that the economic effects of tax include micro effects on the distribution of income and efficiency of resource use as well as macro effect on the level of capacity output, employment, prices and growth. The impact of tax reform on federal revenue generation in nigeria dickson e oriakhi (phd) several studies pertaining to tax reforms in nigeria have tied tax reform on economic growth undermining public generated revenue against this back drop, this paper is designed to. This study a nalyses the impact of non -oil tax revenue on economic growth from 1993 to 2012 in nigeria to impact of non-oil tax revenue on economic growth: the nigerian perspective is because the bulk of revenue needed for development purposes is derived from oil crude oil export has continued.
An effective tax system has been put in place so the government wont feel the impact of having god given natural resourcesin less developed economies like nigeria however, the tax system keeps getting reviewed from time to time and keeps getting updated. The impact of tax revenue on economic growth: evidence from nigeria cornelius m ojong1, ogar anthony2 & oka felix arikpo3 department of banking & finance, university of calabar, calabar, nigeria abstract: the study examined the impact of tax revenue on the nigerian economy the objectives of the study were to examine the relationship between. Impact of industrialization on income and employment within the nigerian economy this research therefore intends to evaluate the impact of tax incentives on economic development. The tax system in nigeria is made up of the tax policy, the tax laws and the tax administration all of these are expected to work together in order to achieve the economic goal of the nation. This research examined the direct and indirect impact of taxation on the nigerian economic growth this research centered on two major objectives by focusing on the trend of direct and indirect tax and the impact of the nigerian tax system on the growth of the economy.
The study empirically examines the effect of petroleum profit tax (ppt) on nigeria economy, in line with the objectives of this study, secondary data were obtained from central bank of nigeria statistical bulletin covering the period of 1970 to 2010. The impact of taxation on revenue generation in nigeria: a study of federal features in nigerian tax system, taxation as a tool for wealth creation and employment, effects that is the arithmetic effect and the economic effect which the tax rates have on revenues the two effects have opposite results on revenue in case the rates are. Abstract the research work will discuss in detail the impact of taxation on economic growth in nigeria it will also take cognizance of the aims and objectives of taxation and its impact on the economic growth of nigeria. Impact of multiple-taxation on competitiveness in nigeria nihal pitigala and mombert hoppe march 2011 economic management and strong economic growth in nigeria would generate substantial prospects for growth and spillovers for the whole west african region but the challenges facing the country impact of taxes manufacturing enterprises.
20 chijioke n ofurum et al: impact of e–taxation on nigeria’s revenue and economic growth: a pre – post analysis in the past 7 years world bank and pwc (2015)  paying taxes survey in 2005 revealed that taxpayers are able to file tax returns electronically in about 45% of the countries. Impact of value added tax on economic performance of the nigerian economy between 1994 and 2014using secondary data obtained from the central bank of nigeria (cbn) statistical bulletin (2014) relevant econometric techniques were adopted.
Taxation in nigeria – origin and importance of taxation in nigeria taxation in nigeria – the earliest trace of any form of direct taxation in nigeria even before the british administration was in northern nigeriathe north was favored for this because it had a form of organized central administration under the emirs unlike the south which except in few places in the west was not as. To establish the effects of value added tax on revenue generation in nigeria from value added tax in nigeria economy emphasis was placed on the impact of vat on revenue generation in nigeria macro economy the study covered the frame of 2001 to 2010 accounting years the data for the analysis. The impact of taxation on nigeria economy growth review of related literature introduction there are several literatures by different authors, scholars and researchers on taxation as source of government revenue and its impact on nigeria economy. Ayuba, (2014) investigated the impact of non-oil tax revenue on economic growth in nigeria, using secondary data collected from the statistical bulletin of the cbn from the period 1993 - 2012.