0704-883-0675     |      dataprojectng@gmail.com

THE RELATIVE IMPORTANCE OF CORPORATE TAX AND VALUE ADDED TAX (VAT) AND THEIR EFFECTS ON THE ECONOMIC GROWTH IN NIGERIA

  • Project Research
  • 1-5 Chapters
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: APA
  • Recommended for : Student Researchers
  • NGN 3000

ABSTRACT

One of the most commonly   discussed issues in Economics is how tax rates relate to economic growth. An effective tax system ought to satisfy the twin purposes of raising maximum revenue as well as encourage production. In light of this, the research examined the nexus between the Nigerian Tax System and economic growth using correlation method and Granger Causality to establish the relationship. it revealed that the tax system has no significant impact on growth because of the numerous challenges confronting the  system. Further analysis of the components of the tax system shows that Custom Duties have more impact on economic growth than Company Income Tax, Value Added Tax and Petroleum         Profit Tax. The   paper also revealed    a negative and insignificant relationship between Petroleum Profit Tax and Company Income Tax on the one hand,  and between Petroleum Profit Tax and Value  Added Tax on the other hand. Consequently, the paper recommended that the Nigerian tax system should be reformed so that it can have a significant impact on economic  growth. Government should also embark on.




FIND OTHER RELATED TOPICS


Related Project Materials

PRELIMINARY PHYTOCHEMICAL SCREENING, QUALITY ASSESSMENT AND MINERAL CONTENT DETERMINATION OF SELECTED BRANDS OF GREEN TEA MARKETED IN NIGERIA

ABSTRACT

Green tea in its purest and most unadultered form has always influenced human health for generations. Though green tea is not of...

Read more
A STUDY ON THE STRATEGIES FOR PROMOTING TEAMWORK AND COLLABORATION SKILLS IN VOCATIONAL SETTINGS

ABSTRACT: Strategies for Promoting Teamwork and Collaboration Skills in Vocational Settings address the importance of teamwork and collaborative ab...

Read more
EVALUATION OF THE USE OF TENDERS IN PUBLIC SECTOR PROCUREMENT

ABSTRACT

The subject matter of this study is to carefully evaluate the use of tenders in the public sector procurement....

Read more
THE EFFECT OF ORGANIZATIONAL CULTURE ON MANAGEMENT ACCOUNTING PRACTICES

Abstract:

This study investigates the effect of organizational culture on management accounting practic...

Read more
COMPARATIVE EVALUATION OF THE ASCORBIC ACID CONTENT OF MINERAL ASCORBATE AND ASCORBIC ACID TABLETS MARKETED IN ZARIA

ABSTRACT

The ascorbic acid content of mineral ascorbate and six brands of ascorbic acid tablets marketed in Zaria with brand names Calciu...

Read more
DEVELOPMENT OF A FILLER-BINDER DISINTEGRANT FOR DIRECT COMPRESSION TABLETING BY CO-PROCESSING MICROCRYSTALLINE CELLULOSE AND CROSPOVIDONE

ABSTRACT

The aim of the study was to improve the disintegration functionality of microcrystalline cellulose (MCC) as a direct compression...

Read more
GUERRILLA MARKETING FOR IMPROVING PERFORMANCE OF MARKETING OF HOTEL SERVICES IN NIGERIA

ABSTRACT

The concept of Guerrilla marketing subsumes a set of different innovative and creative approac...

Read more
STRATEGIES FOR PROMOTING RESILIENCE AMONG VOCATIONAL STUDENTS

ABSTRACT: This research explores strategies for promoting resilience among vocational stude...

Read more
THE IMPACT OF TECHNOLOGY BASED SELF SERVICE BANKING SERVICE QUALITY ON CUSTOMER SATISFACTION: A CASE STUDY OF THE NIGERIAN BANKING SECTOR

ABSTRACT

The purpose of the research is to determine the impact of Technology Based Self-Service Banking (TBSSB) on customers’ sati...

Read more
EFFECT OF DATE SEED POWDER FILLER ON PROPERTIES OF HIGH-DENSITY POLYETHYLENE

ABSTRACT

High-density polyethylene composites of date seed powder were prepared at filler loadings of 0 to 40wt%. The particle sizes of t...

Read more
Share this page with your friends




whatsapp