EFFECTS OF TAX EVASION AND AVOIDANCE ON ECONOMY OF NIGERIA
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
Abstract
This Research work attempts to look at the effect of Tax evasion and avoidance on economy of Nigeria and its capacity to reduce tax revenue growth (A case study of Lagos State Internal Revenue Service). Tax is a compulsory levy imposed by government on income individual, firms and household. It was also find out that an individual tax evader or avoider may engage in it simply because he is unable to appreciate any benefit that would accrue to him after payment of such tax. The study made use of secondary data obtained from Lagos internal revenue service on total revenue from taxation and total value of tax evasion. Questionnaires were also used to gathered information on the effect tax administration on tax evasion and avoidance. Mean and standard deviation methods were used to analyze the questionnaire administered to Lagos state internal revenue service staff. Empirical results shown that increasing tax evasion and avoidance reduce government revenue growth in Lagos .It was also found that Tax Administration is responsible for the tax evasion and avoidance in Lagos State. This was due to lack of enforcement machineries which include, adequate manpower, computers and effective postal and communication system. Finally, it is therefore recommended that the government should create awareness in the mind of tax payers about the importance of taxation in development of national economy and the effects of tax evasion and avoidance in government revenue growth.
Related Project Materials
LIBRARY SERVICES AND LEARNING RESOURCES AS DETERMINANT OF SECONDARY SCHOOL STUDENTS’ ACADEMIC ACHIEVEMENT IN MATHEMATICS
Background to the Study
Library did not come into exis...
DESIGN AND IMPLEMENTATION OF NYSC ORIENTATION CAMP INFORMATION SYSTEM (A CASE STUDY NYSC AWGU)
ABSTRACT
This Project Design and Implementation of Orientation Camp Information System (A Case Study of...
CAUSES OF FAILURE IN SHORTHAND ON SECRETARIAL STUDIES STUDENTS
BACKGROUND OF STUDY
Prior to the emergence of industrial revolution, man’s choice of occupation w...
DESIGN AND IMPLEMENTATION OF ONLINE EXAMINATION SYSTEM FOR STAFF RECRUITMENT
INTRODUCTION/BACKGROUND OF THE STUDY
An online examination system for recruitment of staff is a web app...
COMPETENCE AND COMPELLABILITY: IS CHILD EVIDENCE ADMISSIBLE
ABSTRACT
Determination of lawsuits is highly dependent on these availability of evidence. In law, every person is a com...
PROBLEMS OF STUDENTS IN CONDUCTING EFFECTIVE PHYSICS PRACTICAL IN SENIOR SECONDARY SCHOOLS
ABSTRACT
This study concerned itself with effective physics practical in secondary schools. It examined whether the way...
THE KNOWLEDGE AND PRACTICE OF CONTRACEPTION AMONG MALE ADOLESCENT STUDENTS OF COLLEGE OF EDUCATION
ABSTRACT
Unwanted pregnancy followed by unsafe abortion can be avoided by using different contraceptive methods. Inf...
RELATIONSHIP BETWEEN TEACHERS’ RECRUITMENT PROCEDURE AND STUDENTS’ ACHIEVEMENT IN COMMERCE IN FEDERAL GOVERNMENT GIRLS’ COLLEGES, IN NORTH WEST ZONE, NIGERIA
ABSTRACT
Relationship between teachers‟ recruitment procedure and students‟ achievement in commerce among Federal Government Girls‟ Colle...
THE EFFECTIVENESS OF VIRTUAL INTERNSHIPS IN TECHNICAL EDUCATION
Abstract: Virtual internships have emerged as a viable alternative to traditional internshi...
QUALITY CONTROL AND INSPECTION OF PURCHASED MATERIALS
Abstract
The application of the principal of qual...
