Background of the Study
Tax avoidance, though legal, has long been a subject of ethical debate, particularly when employed by multinational corporations (MNCs). In Nigeria, where public revenues are critical for infrastructure development and poverty alleviation, aggressive tax avoidance strategies by MNCs such as Chevron Nigeria Ltd raise ethical questions about corporate social responsibility and fairness (Akinyemi & Okafor, 2024).
Chevron Nigeria, a leading player in the oil and gas industry, operates in an environment where tax laws are complex and enforcement mechanisms are weak. The company’s use of sophisticated tax planning tools, including transfer pricing and tax havens, enables it to minimize its tax liabilities significantly. While these strategies maximize shareholder value, they often result in substantial revenue losses for the Nigerian government, adversely impacting public service delivery and socio-economic development (Chukwu & Nnadi, 2023).
This study investigates the ethical implications of Chevron Nigeria's tax avoidance practices, focusing on the balance between legal compliance, corporate responsibility, and public interest.
Statement of the Problem
Tax avoidance by multinational corporations in Nigeria has sparked widespread criticism for its ethical implications. While legal, such practices often deprive the government of critical revenues needed for public welfare, exacerbating socio-economic inequalities. Chevron Nigeria Ltd has been at the center of this debate, with its tax planning strategies viewed as prioritizing profits over social responsibility.
The ethical concerns surrounding these practices raise fundamental questions about the role of corporations in contributing to national development and whether their actions align with broader societal expectations (Okonjo & Eze, 2023). This study seeks to critically examine the ethical dimensions of tax avoidance practices employed by Chevron Nigeria.
Objectives of the Study
Research Questions
Research Hypotheses
Scope and Limitations of the Study
The study focuses on Chevron Nigeria Ltd's tax practices from 2023 to 2025, examining their ethical implications. Limitations include restricted access to proprietary tax planning data and the subjective nature of ethical assessments.
Definitions of Terms
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