The Positive and Negative Effects of Globalization in Nigeria Globalization according to Clark and Wallace (2003) refers to a “greater interconnectedness of the world’s financial‚ economic‚ technological‚ political‚ cultural‚ sociological‚ ecological‚ and geographical systems” (p. 447). Globalization has various effects both positive and negative on the countries that choose to achieve the worldwide connection. In the case of Nigeria‚ which is classified by the U.S Department of State as a developing
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empirical research on tax evasion‚ delineating the variety of factors affecting noncompliance and examining possible remedies. Particular emphasis is placed on the institutional and procedural rules governing the tax enforcement policy. JEL classification: K34 Keywords: Tax Enforcement‚ Compliance‚ Taxpayer’s Behavior‚ Tax Gap 1. Introduction Tax evasion is said to occur when individuals deliberately fail to comply with their tax obligations. The resulting tax revenue loss may cause
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information of federal income tax. It helps to identify the different terms that are associated with income tax. It will point out how calculations are formed to paying taxes or getting a refund. This essay distinguishes the importance of your income and knowing what taxes you will be paying. Federal income taxes can be complicated and hard to file. But‚ knowing how it works can help save money‚ understand how it’s calculated‚ and what is determined in taxation. Income tax includes your income‚ deductions
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ijcrb.webs.com INTERDISCIPLINARY JOURNAL OF CONTEMPORARY RESEARCH IN BUSINESS THE CHALLENGES OF INSECURITY IN NIGERIA: A THEMATIC EXPOSITION EME‚ OKECHUKWU INNOCENT ANTHONY ONYISHI DEPARTMENT OF PUBLIC ADMINISTRATION AND LOCAL GOVERNMENT STUDIES UNIVERSITY OF NIGERIA‚ NSUKKA Abstract VOL 3‚ NO 8 DECEMBER 2011 Matters of safety and security are topical issues in today’s Nigeria. Life has always been precarious in our country. It is subject to all manners of dangers. In the first place it is often
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W22Extra: Tax and Gearing: More Questions Multiple Choice 1) Which of the following statements is false? A) In general‚ the gain to investors from the tax deductibility of interest payments is referred to as the interest tax shield. B) The interest tax shield is the additional amount that a firm would have paid in taxes if it did not have leverage. C) Because Corporations pay taxes on their profits after interest payments are deducted‚ interest expenses reduce the amount of corporate tax firms
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Factors Influencing Education in Northern Nigeria Introduction The aim of every country in establishing the quality education starts in the availability for all. A well developed country promise much more of the other countries can promise in terms of quality education. Sometimes‚ the countries that have a good quality of education usually serve better opportunities. On the other hand‚ the developing countries are still on planning to catch up with the other successful countries. This
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PERSONAL COPY/ NOT FOR SALE OR CIRCULATION (Session 2012-13) INTRODUCTION HISTORY OF INCOME-TAX: 1. India’ trust with income tax dates back to 1859 when James Wilson‚ Finance member in the Council of India‚ came to the country to establish the tax structure‚ a new paper currency and to remodel the finance system. 2. A bill imposing tax on profits from property‚ professions‚ trades and offices was passed by the Legislative Council of India. It received the assent of the Governor General on July
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INSECURITY IN NIGERIA Underlying the quest for national security in Nigeria is the issue of political morality‚ which focuses on the question of defining the relationship between the state and the various groups in the society. Political morality properly construed seeks to establish and sustain the essential conditions for the smooth functioning of the state and society. It is in this light that we identify the problem of the moral basis of Nigeria’s security to be a vital imperative of national
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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
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a $20‚000 FMV. Henry’s recognized gain is (Points : 2) | $0. $5‚000. $10‚000. $20‚000. c) Realized gain is recognized to the extent of boot received. page 2-17 | 2. Jeremy transfers Sec. 351 property acquired three years earlier having a $100‚000 basis and a $160‚000 FMV to Jeneva Corporation. Jeremy receives all 200 shares of Jeneva stock‚ having a $140‚000 FMV‚ and a $20‚000 90-day Jeneva note. What is Jeremy’s recognized gain? (Points : 2) | $0 $60
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