"Effectiveness Of Tax Administration In Nigeria" Essays and Research Papers

Effectiveness Of Tax Administration In Nigeria

A RESEARCH PROPOSAL ASSESSING THE EFFECTIVENESS AND EFFECIENCY OF TAX ADMINISTRATION IN KUMASI BACKGROUND OF THE STUDY Tax administration attaches great importance to all forms of taxes, in the sense that they aim at reducing tax evasion to its minimum level. Ghana has relatively a long tax history on tax administration. According to the Report of the Tax Review Commission (Parts 1, 2 & 3)," Accra, (1977) the first custom law was first passed under colonial rule in 1855 and later replaced...

Income tax, Indirect tax, Internal Revenue Service 2381  Words | 7  Pages

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Tax Policy in Nigeria

INTRODUCTION A tax policies represent key resource allocator between the public and private sectors in a country. It is usually imposed on individuals and entity that make up a country. The funds provided by tax are used by the states to support certain state obligations such as education systems, health care systems, pensions for the elderly, unemployment benefits, and public transportation. A nation’s tax system is often a reflection of its communal values or the values of those in power. To...

Corporate tax, Income tax, PAYE 2265  Words | 7  Pages

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Administration Effectiveness

SOURCE: 0000000178.RTF THESIS ABSTRACT Title : ADMINISTRATIVE EFFECTIVENESS OF THE BUREAU OF JAIL MANAGEMENT AND PENOLOGY (BJMP) IN THE PROVINCE OF ALBAY Author : BAUSA, MARIVIC M. Degree : ? Year : 2004 Location : BC The organizations must put up realistic and attainable objectives . This is something that can be understood by way of saying that goals of the unit...

Administration, Effectiveness, Management 903  Words | 5  Pages

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Tax Administration and Tax Planning

A taxpayer's average tax rate is determined by dividing the total tax paid by the total income of the taxpayer. A) True B) False Beginning in 2011, all paid tax return preparers must sign up with the IRS, pay a fee, and obtain a preparer tax identification number. A) True B) False 22. Taxpayers who are unable to pay their taxes may enter into a payment plan with the IRS if the amount they owe is within certain limits. A) True B) False 23. At which of the following IRS...

Income tax, Progressive tax, Proportional tax 907  Words | 5  Pages

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tax administration in Nigeria in the 21 century


21st century, Corporate tax, Economics 1121  Words | 8  Pages

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Effectiveness of Fat Tax

Effectiveness of ‘fat tax: The effectiveness of the fat tax Elasticity: when consumer is changing pattern of buying according to the change in price, eg. When its espcial they tend to buy more and if the price rises they don’t want a lot and if they don’t need they don’t even buy it. Inelasticity: when consumers buy products that they need the most and even if the price rise they buy it. Basic needs products, and if the prise is low they don’t buy more than what they need. The link between...

Health, Malnutrition, Nutrition 1173  Words | 4  Pages

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Course Description of Public Administration in Nigeria

SESSION Course Code: PAD 211 Course Title: Public Administration in Nigeria Unit: 3 Units Course Lecturers: JOSHUA, Segun and Mrs Exellence-Oluye Nchekwube Semester: Alpha Time: Tuesday 8am - 10am and Thursday 12 noon -1PM Location: Tuesday G201 and Thursday G301 Brief overview of the course: The course examines the origin, scope and growth of Public Administration in Nigeria. It gives a purview of Public Administration from colonial era till date. It discusses the...

Bureaucracy, Civil service, Lagos 553  Words | 3  Pages

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Tax Is a Compulsory Levy Imposed by Government

Tax is a compulsory levy imposed by the government; critically appraise the challenges encountered by Nigeria government towards the optimal collection of the different taxes. What is Tax? Tax can be defined as a compulsory levy by government on goods, services, income and wealth. Primarily to obtain r evenue. In other word, it is levy or dues on the income of persons and companies. It provides definite source of revenue of person for government expenditure. It is the way by which government...

Excise, Income, Income tax 596  Words | 3  Pages

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Contemporary Issues in Nigeria Public Administration

Contemporary issues in Nigeria public administration. Title: Meritocratic abuse in the Nigeria public sector BY EKANEM VIVIEN ONYINYE Matric no: 2004/Degree/DL0766 Department of public administration and local government University of Nigeria Nsuka. A seminar paper presented in the partial fulfillment of the...

Bureaucracy, Government, International Monetary Fund 707  Words | 3  Pages

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Tax Administration

imposition of various forms of taxes has been with out some for ms of feed back on the effectiveness/efficien cy of such taxes. This stud y attempts to appr aise the usefulness of the tax system in Nigeria, usin g Value Added Tax system as a r efer en ce point. The significance of this stud y i s that it will enable th e government officials, r esear cher s an d econ omic analysts to appr aise an y type of tax, with th e aid of the par ameters used in this stud y. The stud y used th e ability...

Corporate tax, Income tax, Progressive tax 6291  Words | 22  Pages

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Tax Administration and Revenue in Lagos State

org Tax Administration and Revenue Generation of Lagos State Government, Nigeria John A. Enahoro1* OLABISI Jayeola1.2 1. Department of Accounting, Babcock University, Ogun State, Nigeria. 2. Department of Financial Studies, Redeemer’s University, Ogun State, Nigeria. * E-mail of the corresponding author: jayeolaolabisi@yahoo.com Abstract The study examines the overall effectiveness of tax administration in relation to assessment, collection and remittance of tax in Lagos State, Nigeria. A survey...

Corporate tax, Progressive tax, Public finance 4734  Words | 15  Pages

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Income Tax

‘Income tax is one of the major sources of revenue for all government in Nigeria and it is a factor to be recon with in both the state and the Federal Government body….It is an enforced contribution of money enacted pursuant to legislative authority….Analyze the importance and the problems of TAXATION and the way forward in Nigeria………….’ INTRODUCTION Income taxes provide the largest single source of government revenues in most developed countries or developing countries for example Nigeria. Indeed...

Income, Income tax, Progressive tax 1636  Words | 5  Pages

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Located in West Africa and bordering the Atlantic, Nigeria is a big country that occupies 356,667 square miles with a total population of 168 million. Nigeria is abundant in natural resources like coal, gold, lead, iron, salt, copper, and zinc, but it is best known as a big producer of oil. Thanks to its size, population, and resources, Nigeria is dubbed as “the giant of Africa” (Falola, 4). According to World Bank Data of 2010, Nigeria has an annual percentage growth rate as 8.0%, one of the world’s...

African slave trade, Atlantic slave trade, British Empire 1763  Words | 6  Pages

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Nigeria Essay: Oil Theft in Nigeria One may argue that Nigeria’s GDP comes solely from its natural resources, namely crude oil. It is a rentier state that allows foreign multi-national corporations to allocate its oil resources while charging these foreign multi-national corporations for money. Recent reports have indicated that Nigeria has arrested two Britons and 10 Nigerian citizens for trying to bribe military officers to facilitate oil theft. This is a huge issue because it means that these...

Crime, Nigeria, OPEC 982  Words | 5  Pages

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Production Ltd, Lagos, Nigeria. Dear Sir, LEGAL OPINION ON THE TRANSACTION BETWEEN FIRST LINE EXPLORATION AND PRODUCTION LTD, CRUDE TOUR SUPPLY PLC AND ASIAN ENERGY We refer to your earlier correspondence in which you requested for our legal opinion in respect of the above captioned matter. We have reviewed the agreement between both parties particularly the provisions of clauses 25 and 10, Arbitration and Conciliation Act, Cap A-18, Laws of the Federation of Nigeria, 2004, Constitution of...

Arbitration, Cameroon, Court 1718  Words | 7  Pages

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Malnutrition in Nigeria Malnutrition in Nigeria is a long standing problem which has persisted since the 1960s and whose magnitude is on the rise. Food consumption, both in quality and quantity, has decreased substantially, especially with the commencement of the structural adjustment program (SAP) in 1986. Available studies have indicated that the introduction of economic reforms more than anything else has contributed to reduced food intake and the near collapse of nutrition oriented health...

2007–2008 world food price crisis, Eating, Famine 1265  Words | 4  Pages

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Tax Administration in Nigeria: a Case Study of Federal Inland Revenue Service(Firs)

grows with the constant change in the economic environment in which it operates, hence the need to review the regulating instruments from time to time. Nigeria is governed by a federal system hence its fiscal operations also adhere to the same principle, a fact which has serious implications on how the tax system is managed. The country’s tax system is lopsided, and dominated by oil revenue. It is also characterized by unnecessarily complex, distortionary and largely inequitable taxation laws that...

Corporate tax, Income tax, Progressive tax 6607  Words | 18  Pages

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Enforcement Procdures in Nigeria Tax System

Taxation plays a very important role in the economic life of a developing country like Nigeria. Today Nigeria is indeed in need of effective and efficient tax system in order to generate enough revenue that will finance economic growth and development. There is the urgent need in the country to evolve new approach for handling various tax issue dealing with both compliance and planning work. The use of Tax in National development is increasing and further introduction of new technology will ensure...

Corporate tax, Income tax, Indirect tax 24498  Words | 83  Pages

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Protest in Nigeria

Chapter 2 Protest movement in Nigeria In democracy, having a wide spread number of people tell the government that they do not like its practices could herald to protest movements. As thus, it is a very effective way of getting changes made and raising or revisiting issues. History of protest movement During the 19th and early 20th century, Nigerians sought and found ways to oppose the foreign rule. As the middle classes and the working classes became more educated, there came with it, the desire...

Activism, Civil disobedience, Demonstration 1616  Words | 5  Pages

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http://peoplesdailyng.com/changing-nigerians-identity-diaspora/ http://olorisupergal.com/nigeria-rich-country-poor-people-by-gbenga-ogunbiyi/#.UpH2I9Lik8o Nigeria is a member of both the Commonwealth of Nations, and the African Union. LANGUAGE There are hundreds of languages spoken in Nigeria. The official language of Nigeria,English The languages spoken in Nigeria are said to be 521. The official language is English while the major ones that are spoken are Hausa, Igbo, Yoruba...

Africa, Atlantic slave trade, Chimamanda Ngozi Adichie 1269  Words | 5  Pages

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NIGERIA The Federal Republic of Nigeria comprises thirty six states and its Federal Capital Territory is Abuja. Nigeria is located in West Africa and shares land borders with the Republic of Benin in the west, Chad and Cameroon in the east, and Niger in the north. Its coast in the south lies on the Gulf of Guinea on the Atlantic Ocean. The Flag The flag of Nigeria consists of three equal sized vertical stripes - the right and left stripe are green; and the middle stripe is white. The Nigerian...

English language, Goodluck Jonathan, Local Government Areas of Nigeria 1173  Words | 5  Pages

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Financial Services Cluster in Nigeria

Assessment of the Business Environment in Nigeria THE NATIONAL DIAMOND Factor Conditions: Despite Nigeria’s substantial natural resources its infrastructure is inadequate, particularly its road and electricity networks, which are a significant obstacle to economic growth. Only 30% of the population7 has access to electricity and only 31% of the road network is paved. Shortcomings in operations and safety have given both the ports and air space a reputation as the most unsafe in the region...

Africa, Economic Community of West African States, Economics 1780  Words | 6  Pages

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Tax Office Operation Transformation

revenues continue to be the main source of revenue for Government spending. This in turn requires well-designed tax policies (new taxes and tax reform) that are translated into clear legislation and are administratively feasible. Perhaps the greatest challenge facing these countries is to improve the effectiveness of their tax administrations.[1] Common Challenges Tax Administrations in developing country contend with the same range of challenges with developed nations, although the significance...

Developing country, Government spending, Progressive tax 848  Words | 3  Pages

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Nigeria Correctional System

Nigeria Correctional Systems 1 Nigeria Correctional System Chiquita Yusuff Axia College CJS/230 Nigeria Correction System 2 “Protect the society; reform the prisoner. If you cannot do the time, do not do the crime”. This is the motto used by the country of Nigeria, in regards to its correctional system. The slogan is an understatement when it comes to the actual...

Amnesty International, Capital punishment, Corrections 1115  Words | 4  Pages

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compliance on tax law and tax revenue collection The taxpayers Service and Education is one of the key functions of Tanzania Revenue Authority (TRA) conducted in order to educate taxpayers on various tax laws issues together with any changes that are made by the government on tax matters and laws. TRA conducts various tax seminars, workshops and competitions periodically to all areas within the country, through different media like radio, Televisions, magazines, mobile vans and conduction of tax clubs...

Corporate tax, Progressive tax, Tax 1604  Words | 6  Pages

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The Concept of Public Administration

The Concept of Public Administration Historically, Governments have attempted to develop sound governance and public administration to support social, political and economic development. However, changing in political and economic context have made it increasingly difficult to determine what constitute the principles, foundations, quality and effectiveness of public administration. (UNECOSOC, 2005) The present report presents some initial thoughts and recommendations about the methodology that can...

Bureaucracy, Civil service, Democracy 1998  Words | 6  Pages

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Tax Administration in the Federal Capital Territory

operating cost (General administration, defence, societal and economic services) and capital expenditure development cost (investment on roads, buildings, airport, petro-chemical projects, liquidified petroleum gas project, and investment in the productive sector such as agriculture and manufacturing). To perform her statutory function, government needs funds. Taxes are one of the most important sources of government revenue. The personal income tax which is a form of direct tax is one sure way of revenue...

Income tax, Indirect tax, Progressive tax 11138  Words | 37  Pages

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Capital Gains Tax in Nigeria

by Onipede Ibidunni Seun on Capital Gains Tax in Nigeria Introduction Discussing capital gain tax without first presenting a general overview of the entire concept of taxation will be tantamount to putting a cart before a horse. It is therefore very important that justice be done by explaining taxation and various types of taxes. Taxation: A General overview Tax and taxation has been variously defined by different authors. Oyegbile (1996) defines tax as a sum of money paid by citizens of a country...

Capital asset, Capital gain, Capital gains tax 5225  Words | 14  Pages

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Self Assessment Tax System in Nigeria

is to ensure that all taxpayers, within a defined tax jurisdiction, are brought into the tax net and assessed correctly in order to block all possible leakages. Generally, taxpayers are categorized according to the legal status of their businesses. In this research work we are interested in Corporate Entities/Public Companies which are limited liability companies or public companies registered with profit - motive in mind. Their tax affairs are being handled by the Federal Taxing Authority...

Income tax, Internal Revenue Service, Tax 9313  Words | 34  Pages

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Revenue Allocation Formula in Nigeria

REVENUE ALLOCATION FORMULA IN NIGERIA INTRODUCTION Prior to the discovery of oil in Nigeria, other sectors of the economy thrived. Agriculture, for instance, was a major source of revenue for the Western Region. The Eastern Region that was less endowed devised other sources of revenue. All this has however changed since the discovery of oil in the country. This has led to the demise of the other productive sectors of the economy. In fact, Nigerians are poorer today than they were in the pre-oil...

Economic system, Economy of Nigeria, Federal government 2396  Words | 7  Pages

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Nigeria Inflation

Buy Made In Nigeria Goods, Nigerians Urged This article talks about Nigeria’s youth unemployment resulting to a loss in tax revenue, a decrease GDP, a decrease in consumption expenditure, a decrease in government spending due to a change in the economic or political priorities and a decrease in the domestic output which in turn affects the Aggregate demand (AD). AD is the total quantity of goods and services that all buyers in an economy want to buy over a period of time, at different possible...

Economics, Inflation, Keynesian economics 782  Words | 3  Pages

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Etisalat Success Story in Nigeria

Etisalat Success Story in Nigeria Etisalat is a prominent telecommunications corporation providing to consumers, businesses, international telecommunication companies, ISPs and mobile operators. Etisalat operates in eighteen countries across Asia, the Middle East and Africa, a coverage area which reaches more than two billion people. To date, the group’s global subscriber base exceeds over 140 million subscribers through mobile and Landline voice and data services ("Etisalat Nigeria"). Through the launch...

Cash flow, Earnings before interest and taxes, Etisalat 2627  Words | 7  Pages

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Analysis of Investment Opportunity of Pvc in Nigeria

ANALYSIS OF INVESTMENT OPPORTUNITY OF PVC IN NIGERIA Submitted By: Sonali Verma Roll No:043054 IMG IV ECONOMIC: The petroleum-based economy of Nigeria, long hobbled by political instability, corruption, and poor macroeconomic management, is undergoing substantial economic reform following the restoration of democratic rule in 1999. Nigeria's economic decline, especially during the last 20 years is illustrated by the fact that per capita income, which was US $1000 in 1965 had declined...

Economic growth, Economics, Investment 1562  Words | 6  Pages

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Nigeria Tax Reform: Challeges & Prospects

NIGERIA TAX REFORM: CHALLEGES & PROSPECTS 1.0. INTRODUCTION Let me as a matter of due courtesy, commend the Business Club Ikeja, for organising this luncheon talk which I learnt has been sustained for some time now. Events like this create an opportunity for all stakeholders in the nation’s economy to take a critical look at some burning issues within the Nigerian economy. This forum is not only timely but highly desirable for the Nigerian polity that is currently experiencing far reaching transformation...

Corporate tax, Income tax, Indirect tax 3870  Words | 11  Pages

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Is Windfall Tax an Effective Measure to Broaden Tax Base in Hk?

Is Windfall Profits Tax an effective measure to broaden the tax base in Hong Kong? Introduction Statement of the problem(s) Comparing HK tax base with the international level Stating the influence of narrow tax base Specifying the need to broaden tax base Literature review Rationale behind broadening the tax base should be in line with taxation principles. To look at the effectiveness of the windfall profits tax, we should first look at the taxation principles. The principles...

ExxonMobil, Progressive tax, Proportional tax 1483  Words | 5  Pages

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Traditional Institutions, Constitution and the Challenges of Time with Particular Reference to Northern Nigeria

Challenges of Time with Particular Reference to Northern Nigeria. By Dahiru Rabe Department of History Isa Kaita College of Education, Dutsinma, Katsina. Being A Paper Presented at the History Week of Department of History, Isa Kaita College of Education,P. M. B. 5007, Dutsin- Ma. Katsina State. 26TH JULY, 2012. ABSTRACT Since independence there have been debates on what role traditional institutions should play in the governance of Nigeria. While some groups are of the opinion that they should...

British Empire, Colonialism, District 2240  Words | 7  Pages

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Nigeria Economic Bloc

its advantages and disadvantages to Nigeria. Introduction: Nigeria is a country located in West Africa; it has a population of about 160,027,000 (World Economic Fact Book 2010). Its main produce is oil and petroleum; the country is also a key producer of rice, cocoa and palm-oil in West Africa. (See Appendix 1).Nigeria belongs to a number of economic blocs...

Africa, Economic Community of West African States, Economic integration 2714  Words | 4  Pages

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PERSONNEL ADMINISTRATION Personnel administration, better known as human resources (HR) management, is the coordination and regulation of employees in a company. It involves organizing, recruiting, hiring, training, and assessing workers. Conflict resolution and legal compliance also are important aspects. With a good HR team doing their jobs well, a company will often be ultimately more efficient and competitive, generating additional revenue. Organization In most businesses, a well-organized...

Employment, Human resource management, Human resources 1508  Words | 4  Pages

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To Tax or Not to Tax

To Tax or Not to Tax: The Problem of America Money, like a cookie, is something everybody wants, and when it is gone a person blames everybody else for its absence; realizing later they were the one to consume it in the first place. Taxes, since the beginning of an organized economy, have been argued over for centuries. At the end of 2012 after surviving the “end of the world,” tax payers were faced with another apocalyptic situation, the Fiscal Cliff. It had the potential to raise taxes to outrageous...

Deficit, Government debt, Money 1189  Words | 4  Pages

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Local Government Tax Utilization and Mobilization in Nigeria: Problems and Prospects

Local Government Tax Mobilization and Utilization in Nigeria: Problems and Prospects By Adenike .A. ADEDOKUN Senior Lecturer Dept. of Public Admin. & Local Govt. Studies The Polytechnic, Ibadan. NIGERIA. Contents • Introduction • Theoretical Framework • • • • Tax Mobilization Local Government Finance and Revenue Utilization Problems and Prospects Conclusion Historical Background • • • • • • • • • • Based on Indirect Rule *Local government Ordinance of 1916 *Centralised budget system...

Federal government, Government, Local government 5429  Words | 16  Pages

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To Tax Or Not To Tax

William Pittman 10/14/14 Writing COMP – Han To Tax or not To Tax Two authors by the names of Paul Krugman and Fred E. Foldvary have varying opinions on the topic of taxing the rich. The debate they’re writing about is whether or not the US should increase the tax burden on the rich. Foldvary states in his “The Evil of Taxing the Rich” article that there are a lot of negative affects that would come along with taxing the rich. Mainly, he says the rich are paying a much larger percentage of federal...

Tax, Taxation, Working class 1294  Words | 5  Pages

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Tax Implications of E-Commerce in Nigeria

ABSTRACT This paper examines the Tax Implications of E-Commerce. The issue of e-commerce and its tax implications continues to receive a high level of attention because of the fast growth of e-commerce activities. In the emerging global economy, e-commerce has increasingly become a necessary component of business strategy and a strong catalyst for economic development. The integration of information and communications technology (ICT) in business has revolutionized relationships within organizations...

Corporate tax, Income tax, International taxation 4595  Words | 13  Pages

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introduction to tax

II. Criteria for Evaluating a Tax Structure Adam Smith -canons of taxation Equality Convenience Certainty Economy III. Tax Structure Tax base: Tax rates: Incidence of tax: Examples: Income $10 $20 $30 $3 (30%) $6 (30%) $9 (30%) $3 (30%) $7 (35%) $12 (40%) IV. Major Types of Taxes Property Taxes Transaction Taxes Death Taxes Gift Taxes Income Taxes Employment Taxes Other U.S. Taxes V. Formula for Federal Income Tax on Individuals Figure...

Income tax, Income tax in the United States, Internal Revenue Service 323  Words | 5  Pages

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Entrepreneurship in Nigeria

ENTREPRENUERSHIP IN NIGERIA Entrepreneurial forces are relatively strong in this country, as the lack of jobs and a rise in poverty leave few other options for the Nigerian people. Although difficult due to a lack of resources, there are non-profit organizations such as the Fate Foundation in Nigeria that are dedicated to promote entrepreneurship. Apart from the information about Nigeria that is so widespread and often negative, there appears to be a recognition of the critical role and place of...

Abuja, Lagos, Nation 789  Words | 3  Pages

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Trends and Issues in Income-Tax Policy and Reform in India

imposition of tax within the framework of logical structure is utmost necessary. Revenue raised is utilised for meeting the expenses of government as well as to carry out developmental works. In this context the felicitous version of Justice Holmes is worth–mentioning - “Taxes are what we pay for civilized society. I like to pay taxes. With them I buy civilization”. In India too, attempts are being incessantly made to formulate a simplified and rational tax structure although the effectiveness of such...

Direct tax, Income tax, Indirect tax 1760  Words | 5  Pages

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Evolution of Land Legislation in Nigeria

LEGISLATION IN NIGERIA By Oluwatosin O. Obiyomi and Adeyemi S. Ifaturoti Department of Estate Management Obafemi Awolowo University, Ile-Ife Nigeria. Email: addyfax02@gmail.com Mobile number: +234 706 270 9658, +234 806 420 5023 February 2009. The territory now known as Nigeria comprises of various communities with diverse cultures and disparate customs which guide the ownership and control of land. This is commonly referred to as the customary land tenure law. Nigeria is located on the...

Common law, Land tenure, Landed property 905  Words | 3  Pages

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The Art of Good Administration: Signs of a Good Administrator by Gitanjali Hazarika       inShare http://www.admincrossing.com/article/500001/The-Art-of-Good-Administration-Signs-of-a-Good-Administrator/ Throughout their admin careers, administrative personnel are entrusted with a wide variety of administrative responsibilities. A good administrator can transform these responsibilities into major company success through skillful guidance and management of company resources. The capable administrator...

Administration, Aggression, Goal 1142  Words | 5  Pages

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resources, minimum access by individuals to the goods and services of the economy and stabilization of the economy. In this paper I will identify and discuss four developmental roles of the state as stated by Mr. Molaodi, a lecturer of Public Administration at the University of Botswana and incorporate into them Anderson’s government functions stated above. ROLES OF THE STATE IN A DEVELOPING COUNTRY The first role that a state in a developing country must obtain as quoted by Mr. Molaodi is the...

Africa, Botswana, Development plan 1501  Words | 5  Pages

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Tax Evasion

Tax evasion Definition Tax evasion is an unlawful practice which has the effect of reducing the government revenue needed for the provision of infrastructure, public services and public utilities. (Otosanya , 2009). Spicer (1975) also stated that, tax evasion “ tax evasion result in a loss of tax revenues, impair the chances of realizing the distributional or equity goal of taxation, and if they become widespread, as they have in recent times, then more tax payer, may lose faith in the tax administration...

Tax, Tax rate, Taxation 1213  Words | 4  Pages

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Value Added Tax: Its Implication on Government Revenue

11 2.1 Concept of value added tax 11 2.2 Objectives of value added tax in Nigeria 14 2.3 Implications of value added tax on revenue generation in Nigeria 15 2.4 The benefits of VAT in Nigeria 17 2.5 Arguments against Value Added Tax in Nigeria ...

Consumption tax, Income tax, Indirect tax 9333  Words | 35  Pages

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A Study of Nigeria

IT COUNTRY STUDIED: NIGERIA INTRODUCTION Nigeria, officially the Federal Republic of Nigeria, is a federal constitutional republic comprising 36 states and its Federal Capital Territory, Abuja. The country is located in West Africa and shares land borders with the Republic of Benin in the west, Chad and Cameroon in the east, and Niger in the north. Its coast in the south lies on the Gulf of Guinea on the Atlantic Ocean. There are over 500 ethnic groups in Nigeria of which the three largest...

British Empire, History of Nigeria, Military dictatorship 2471  Words | 7  Pages

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Corporate finance, Economics, Finance 1577  Words | 8  Pages

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Project Proposal and Tax Reform in Zimbabwe

Project proposal and Tax Reform; Fiscal Policy- Abstract One of the key objectives of tax reforms in Zimbabwe was to ensure that the tax system could be harnessed to mitigate the perpetual fiscal imbalances. This would be achieved through tax policies intended to make the yield of individual taxes responsive to changes in national income. In addition, it was expected that the predominant taxes in the revenue would be those with highly elastic yields with respect to national income (or proxy bases)...

Progressive tax, Proportional tax, Public finance 1787  Words | 6  Pages

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Local Government Autonomy in Nigeria

LOCAL GOVERNMENT AUTONOMY IN NIGERIA; A NEED FOR CONSTITUTIONAL REFORM "The basic irony between the U.S system and ours is that; while the various forms of local government are working wonders even when they are not mentioned anywhere in the U.S constitution; complaints over the failings of the Local Governments abound here even when they are entrenched in and catered for by...

Constitution, Federal government of the United States, Local government 998  Words | 3  Pages

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Leaderless Nigeria

LEADERLESS NIGERIA Chris Bjorklund 434 Threat Analysis February 3, 2013 After witnessing one military leader replaced by another, the Nigerian people have elected their presidential administration since 1999. Although it is a remarkable achievement in Africa, the Nigerian leadership has significant challenges through the next decade. Ever since the emergence of the Nigerian democracy, thousands paid the ultimate price due to the polarization along religious and cultural ancestries. Thus...

Army, Military, Nigeria 1474  Words | 4  Pages

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Nominal Vs Effective Tax Rate

company, investors want to make sure the company is well managed. Because the differences between effective tax rates of companies of equal size that perform similar functions in the same geographical region are generally due to managerial decisions, a company with the lower effective tax rate could have the better administration and therefore be a better investment. The statutory corporate tax rate is the rate that is imposed on taxable income of corporations, which is equal to corporate receipts less...

Progressive tax, Proportional tax, Regressive tax 1731  Words | 8  Pages

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Tax Administration in Nigeria a Case Study of Federal Inland Revenue Services

for example corporate scandals such as BOCCI, the collapse of Maxwell empire, while in HAS the crumbling of such big million – billion dollars like Enron world com and global crossing among others. And in Nigeria, these appear as some strange event happening afar but corporate Nigeria is already awash with worse case of the abuse of corporate governance. Like the case of hidden liabilities in African Petroleum. In this above pre-amble,it can be seen that some international and local companies...

Audit, Auditing, Board of directors 7475  Words | 32  Pages

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Public Administration

The roll of ethics in public administration is based on the administration; administrators should be value-free when they implement public policy. I will discuss why ethics should be based on the administration and, why it should not be based on each individual worker in the administration. I will discuss Weber's stance on values in bureaucratic organizations, what Macintyre suggests, and what Hummel and Goodsell would conclude about values in public administration. Most people do not understand...

Bureaucracy, Bureaucrat, Government 1640  Words | 4  Pages

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Effective Utilization of Revenue Available to Nigerian Local Government: a Case Study of Ijumu Local Government of Nigeria

CHAPTER ONE 1.1 BACK GROUND OF THE STUDY Nigeria as a sovereign nation operates a federal system of government i.e the federal government, state government and the local government councils. Onwo (1992) Observed that each level of the three tiers of government derive its powers not from the magnanimity of the central government but from the constitution; each level of government has defined responsibilities assigned to it by the constitution. The implication of this is that the three segments...

Autocracy, Democracy, Federal government 1680  Words | 6  Pages

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Tax Fraud

the topic of tax fraud. We will begin by introducing the basic concepts of tax fraud. Secondly, this paper will also delve into some of the laws that have been passed as punishment for those parties that decide to commit tax fraud. We will also highlight some of the more current examples of tax fraud that have been committed and the details that lead to the perpetrators being caught. Lastly we will discuss the role that criminal investigators have in the realm of tax fraud. Tax fraud can be...

Fraud, Internal Revenue Service, Tax 1674  Words | 5  Pages

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