PASS 2024 UTME WITHOUT STRESS:- DOWNLOAD and PRACTICE with 2024 UTME CBT APP ๐Ÿ“ฑ๐Ÿ‘ˆ
๐Ÿ˜‚ GUARANTEE|:| STUDY, WORK AND LIVE IN THE UK >>>.:- STUDY IN UK! Here is How to Apply to Study and Work In the United Kingdom in 2024

Effect of Taxation on the Economic Development of Nigeria

Download complete project materials on Effect of Taxation on the Economic Development of Nigeria from chapter one to five with references and abstract

CLICK HERE TO DOWNLOAD THE COMPLETE MATERIAL (CHAPTER 1 -5)

ABSTRACT

Over the years, the important of the taxation to all establish government, be it democratically elected or monarchical elected or even military rule has especially a greater deal of sophisticated.

Tax law and statutes has been implemented to raise income for the government.

This become massive project like building of the bridges, road construction and hospital could not has been possible if the massive do not invest to see that this project become reality. This tax laws and status has also gotten to the grassroots level, by this I mean the local government and following wards.

More and more people are been educated in the need for them to pay their taxes and as of when due. The purpose of this work is to see how those in the grassroots, using Orji River local government Area as a case of study has responded over the years on the issue of tax and to see how this have helped in the development of enugu state in general.

TABLE OF CONTENT

Title page

Dedication

Acknowledgement

Abstract

Table of Content

CHAPTER ONE:

1.1 Introduction

1.2 Statement of the problem

1.3 Objective of study

1.4 Significance of study

1.5 Scope of the study

1.6 Imitations of this study

1.7 Definition of terms

ย CHAPTER TWO:

2.1 Review related to literature

2.2 Definition of tax

2.3 Type of taxation

2.4 Incidence of taxation

2.5 Principle of taxation

2.6 Element of the taxation

2.7 The importance of taxation in Enugu state economy

2.8 Structures and administration of the Nigeria tax system

2.9 Problem of taxation and its functions

CHAPTER THREE

RESEARCH METHODOLOGY

3.1 Introduction

3.2 Research design

3.3 Primary source of data

3.4 Population

3.5 Sample techniques

3.6 Sample size

3.7 Remarks

CHAPTER FOUR

DATA ANALYSIS AND INTERPRETATION

4.1 Introduction

4.2 Presentation of related data

4.3Analysis of related data

4.4 Testing of the hypothesis

4.5 Interpretation of the result

CHAPTER FIVE

SUMMARY, FINDINGS, CONCLUSION AND RECOMMENDATION

5.1 Summary of the findings

5.2 Conclusion

5.3 Recommendation

BIBLIOGRAPHY

APPENDIX / QUESTIONNAIRE

CHAPTER ONE

INTRODUCTION

One major function of the government especially in the developing country such as Nigeria is the provision of infrastructure service such as electricity, pipe born water, hospital, school and access roads and also ensure a rise in the per capital income, poverty alleviation to mention but few.

For this service to be adequately provided, government should have enough revenue to finance them. The task of financing the enormous responsibility is one of the major problems facing the government. Giving the limited resources we have, there is need to carry on the citizen been governed along, hence the imposition of tax on all taxable individual or company to improve the government financial position.

To this end, the government has always in acted tax law and reform the existing one to stand he test of the time. They include the income tax management Act (ITMA), companies income tax decree (CITD), and the joint tax board (JTB).

All these are aimed at ensuring adherence to the tax payment, discouraging tax ovation and diversions.

For the purpose of this study, this researcher will be concern worth the impact of taxation as an aid to the economic development of Enugu state

STATEMENT OF PROBLEM

The first need of any modern government is to generate revenue, which is indeed the breath of its nostril. Thus taxation is by afar the most significant source of revenue for the government

The indeed Nigerians regard tax as a means by which the government raise revenue for herself at the expense of their sweat. It is indeed to note that no tax will succeed without the taxpayerโ€™s co-operation. Here we can ask some thought periodic question such as what makes taxation such a difficult issue?

Why do people fill cheated when it come to payment of their tax? Is the government making judicious use of taxpayerโ€™s income? In view of this question, the study is going to be carried out to offer solution t them. We shall also look at the following issue offer of recommendation

  1. Problem affecting the successful operation of the tax system in Nigeria
  2. How to determine the assessable income
  3. Problem of tax administration in Nigeria

OBJECTIVE OF THE STUDY

The general objective of the study is assessing the contribution of tax toward the growth and the development of Enugu state.

However, the specific objective of the study includes;

  1. To examine the relevance of taxation in Enugu state
  2. To determine why people fill cheated when it comes to tax
  3. To determine the extent the government has been using revenue generated from tax
  4. To make recommendation on the way forward

RESEARCH HYPOTHESIS

To enable the research test if there is any correction between revenue generation and its impact on Enugu state economy. Sole statically model wills be used based on the response of the interview carried out and the questionnaire data gathered will be used to test the hypothesis

HYPOTHESIS ย ย ย ย 

The null hypothesis (Ho): revenue generated form tax has a negative impact on the development of Enugu state. The alternative hypothesis; revenue generated from tax has a positive impact on the development of Enugu state

Hypothesis II

Null hypothesis (Ho): that tax aviation and avoidance has created a reduction in the revenue generated from tax

(Ha) the alternative hypothesis; that the revenue generated from tax is more merger compare to revenue generated form other source as such government cannot do without tax.

SIGNIFICANCE OF THE STUDY

This study will afford to the opportunity to know the role of taxation in Enugu state development. This role is;

  1. Tax is a major source of revenue to the government
  2. Revenue generated form tax enable the government perform its function efficiently
  3. Taxation act as an instrument of fiscal policy
  4. The study also cautions the Nigerian on the need to pay their tax promptly

SCOPE OF THE STUDY

The researcher in carrying out this study will make the following assumptions;

  1. That the data that will be used are true and fair figure and the tax collected by the government in each year of easement
  2. That the data will be authentic and can be rallied upon for further research work on this topic.
  3. That the data is going to form the basis of the research work

LIMITATION OF THE STUDY

From all indication it can be seeing that the research of this cannot be carried in one demister. Therefore the time available is likely to affect the extent to which the research is carried out. Other likely limiting factor include

  1. Academic work in the campus
  2. Family problems

Also the major fund available to the researcher may not be enough as well as the risk of having to be on the road to search for the relevant material may likely going to limit the work of the research.

The inability of some of the official to disclose some vital information to the researcher, which they consider confidential, may also limit the scope of the study,

High cost of transportation as a result of increase in the fuel scarcity may constrain the movement of the researcher. Lastly most of the material needed by the researcher is likely going to be hindered buy the government staff that does not have proper record keeping mechanism.

DEFINITION OF TERMS

Tax: a compulsory payment made by individual to the government

FBIR: federal board of Inland Revenue service

Persons: it includes all taxable person whether it is an individual or a cooperate body.

CITA: company income tax act

ITMA: Income tax management act

CITD: capital transfer tax decree

JIB: Joint tax board

CTTD: capital transfer tax decree

VAT: Value added tax

PITO: capital gain tax act

PPTA: petroleum profit tax Act

CAMD: companies and allied matter decree

PAYE: Pay as you earn

TAX BASE: the object, which is tax e.g. personal income, company profit etc.

TAX RATE: the rate at which tax is charged

TAX INCIDEMENT: it refer to the effect of and where burden is finally rested

CLICK HERE TO DOWNLOAD THE COMPLETE MATERIAL (CHAPTER 1 -5)

>GUARANTTEE|:| Score 280 Above in 2024 UTME๐Ÿ‘‰ DOWNLOAD FREE JAMB CBT APP HERE:.: GURRANTTEE Score 280 Above in 2022 UTME๐Ÿ‘‰ DOWNLOAD FREE JAMB CBT APP HERE ๐Ÿ“ฑ๐Ÿ‘ˆ
WISH TO STUDY & LIVE in UK?:- STUDY, WORK AND LIVE IN the UK Application Form NOW OUT. Call 08030447894

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.