The impact of tax evasion and tax avoidance in nigeria economy introduction of tax evasion and tax avoidance the purpose of this chapter can therefore be seen as the introduction of practical constraint upon the free choice of tax policy the subject that has so far been left. Impact of value added tax on nigerian economic growth 1981-2015 download the full project from chapter one to five with reference and abstract. Dichotomy, an attempt is made in this paper, taking nigerian economy as a case study, to address the economic effects of both low and high tax policy regimes on economic growth with the main objective of examining the economic impact of tax policies on growth and development this paper is divided as follows: section 1. Abstract this study examined the effect of tax policy on economic growth in nigeria the study uses annual time serial data of 20 years (1994-2013) collected from the published report of the firs of various years, ols regression analysis was use to investigate the relationship that exist between the. As a fiscal instrument, direct taxes are used to adjust people's disposable income and to reduce the parameter of unearned incomes at the macroeconomic level, taxes are used to redistribute income and therefore contribute to the economic growth of the country this paper examines the empirical forms of tax on the. This paper intends to evaluate the effect of tax evasion on the economic development of yobe state, nigeria the importance of tax cannot be overemphasized taxes were used to administer the north in the pre-colonial era before oil production in 1958 the current loss of funding by the nigerian government resulting from. Impact of taxation revenue on nigeria economic growth with references the leading problem of taxation revenue is overdependent on oil revenue in nigeria.
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 research adopted the descriptive research design. 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 petroleum profit tax and the nigeria economy, the impact of company income tax on the. The impact of taxation on revenue generation in nigeria: a study of federal capital territory and selected states 23 research centre for management and social studies selected states in nigeria and to identify the use of taxation to promote economic growth and development in fct and in some selected states in. Southwest nigeria akinleye, gideon tayo1 & ogunmakin, adeduro adesola2 abstract the study examined the effect of tax avoidance on government budget implementation in southwest nigeria for the gathered from office of budget and economic planning, research department and internal revenue office of.
Tax evasion | tax avoidance | economic growth | nigeria | tax system. 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 it also aimed at identifying problems that inhibit the efficient and effective administration of the nigeria. Abstract: this study investigated the effect of taxation on economic growth of nigeria using secondary data that essentially relates to nominal gross domestic product, personal income tax company income tax, petroleum profit tax and value added tax this data covered a period of 20 years from 1994- 2014 and was. This study examines the effect of tax revenue on economic growth in nigeria, utilizing time series data for the period spanning from 1970 to 2011 the study adopts the ordinary least square (ols) regression technique and established that tax revenue has positive effect on economic growth in nigeria the result shows that.
The paper investigates the role of tax revenue in the effect of social welfare on economic growth in nigeria, for the period 1970-2013, using vector error correction model (vecm) the vecm results show that social welfare has a negative and significant impact on economic growth, while petroleum profit. This paper intends to evaluate the effect of tax evasion on the economic development of yobe state, nigeria the importance of tax cannot be overemphasized taxes were us. Abstract: this study was designed to investigate the tax revenue and nigerian economic growth for period of three decade, using time series data from 1986 to 2015 the objective of this study was to examine the significant difference between the effects of oil and non oil tax revenue on economic growth in nigeria.
Abstract this study investigated 'the effect of poor implementation of tax policies on developing economies a study of nigerian economy, (1999-2010)' past studies have largely focused on challenges and prospects of taxation in nigeria this study found it expedient to explore the rationale behind poor tax system in. They results show that, taxation has a significant effect to revenue generation and taxation has a significant effect on nigeria gdp dalu and et al (2012) examined the relationship between tax evasion, avoidance and economy for zimbabwe they results show that tax loopholes and taxpayers interference with revenue. Impact of nigerian tax policies on the economy and small businesses in nigeria abstract small and medium enterprises play a very important role in development of the nigerian economy making up about 97 % of the entire economy, they serve as a source of employment generation, innovation,.
The paper found that nonlinearity hypothesis in the effects of tax in the case of south africa is rejected while a significant nonlinear relationship is found in the case of nigeria the results suggest that the growth-maximizing tax rate is about 15% of per capita gdp for south africa and 30% for nigeria at that tax rate, the. 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 the annual data were sourced from the central bank of nigeria statistical bulletin and nbs the result. 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 this research work also became necessary in order to bring to the.
Corporate income tax rate is so high that it creates investment disincentive effect, since it erodes private investment profit in nigeria, the investment rate has been so low with investment constituting less than ten percent of the gdp (unctad, 2005) in this study, an attempt is made to examine the impact of tax reforms on. Structural adjustment program (sap) piloted a transition to market driven economy where emphasis is laid on market forces with minimal government intervention, hence, the introduction of value added tax (vat) in 1994 this study empirically examined the impact of vat on the level of economic activities in nigeria from. Economy however, empirical literature is not conclusive, as several studies have indicated mixed effects of tax on economic growth arising from this, the study investigated the cointegration relationship between tax revenue and economic growth in nigeria from 1980 to 2013 various preliminary tests. Abstract : the aim of collecting taxes is to finance government expenditure in providing public goods to aid the welfare of the citizens this paper sought to determine the welfare effect of taxation on nigerian economy using consumption theory function total consumption expenditure (tce) was used to measure the.
Interestingly, personal income tax as the main tax form in the tax structure of the united states has no significant impact on economic growth compared to social security contributions which percentage share is lesser the impact of taxation on investment and economic development in nigeria academic. Downloadable over several decades, taxation has been taken as a veritable medium of engineering the growth or performance of an economy however, empirical literature is not conclusive, as several studies have indicated mixed effects of tax on economic growth arising from this, the study investigated the cointegration.