THE EFFECT OF TAXATION ON MANUFACTURING FIRMS
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
This research work was carried out to examine the effect of taxation on manufacturing firms. The specific objective of this study aims to is examine the effect of direct taxes on the annual turnover of manufacturing concern and their ability to make profit, dividend and plough back part of their profit, find out the effects of indirect taxes on the manufacturing concerns in their ability to procure machinery and equipment and also raw-materials, investigate the effect of taxes on the annual turnover of manufacturing concerns and their ability to make profit and assess the effort by the government to ensure capacity utilization and efficiency in production. A sample size of 30 was adopted. The findings of the study reveals that direct taxes affect the annual turnover of manufacturing company ability to make profit, dividend and plough back part of their profit. Also, indirect taxes on the manufacturing affect their ability to procure machinery and equipment and also raw-materials. Furthermore, taxes influence the annual turnover of manufacturing concerns and their ability to make profit. Lastly, the effort by the government to ensure capacity utilization and efficiency in production influence the industry. The study thereby conclude that more tax incentives should be granted to companies as a way of fostering and encouraging the operators of the sector so as the reverse the current trends. Also, the Nigeria tax system should be reformed both in terms of legal and administrative processes in orderto make tax administrative machinery dynamic and in line with global best practices.
Related Project Materials
THE INFLUENCE OF GOVERNMENT POLICIES ON BROADCASTING
Abstract
This study was undertaken to examine to influence of ownership in radio new coverage. Categories of...
EMPIRICAL DETERMINATION OF LABOUR OUTPUT FORFLOOR SCREED AND TILE FINISHES FOR CONSTRUCTIONWORK IN ABUJA
ABSTRACT
There is dearth of information on output level of building operatives in Nigeria, consequently, the output cons...
TRENDS IN RENTAL VALUE OF RESIDENTIAL PROPERTY IN AN EMERGING STATE CAPITAL. (A CASE STUDY OF OSOGBO, OSUN STATE)
ABSTRACT
This study examined the fluctuation and prospects of values appreciation on properties, which is due to populat...
THE EFFECT OF NEW PRODUCT DEVELOPMENT AS A STRATEGY FOR CORPORATE GROWTH IN UNILEVER LIMITED
Abstract
This study is on the effect of new product development as a strategy for corporate growth in Unilever Lim...
UNIVERSITY BRANDING: IMPACTING FACTORS FOR USBOUND PROSPECTIVE NIGERIAN STUDENTS
ABSTRACT
Today, Nigeria is becoming an attractive market for international students and this trend is rapidly growing as a result of the...
AN APPRAISAL OF INTERNATIONAL ACCOUNTING FOR FAIR VALUE MEASUREMENTS
ABSTRACT
This research provides AN APPRAISAL OF INTERNATIONAL ACCOUNTING FOR FAIR VALUE MEASUREMENTS, aiming to evaluate the consistency...
EFFECT OF TEENAGE PREGNANCY ON EDUCATIONAL ATTAINMENT OF YOUTH IN EGOR LOCAL GOVERNMENT AREA
ABSTRACT
This issue of teenage pregnancy in our contemporary society has been considered an epidemic and endemic in natu...
ANALYSIS OF INSURANCE AWARENESS AND ITS EFFECTS ON THE DEMAND FOR LIFE INSURANCE PRODUCTS
EXCERPT FROM THE STUDY
Insurance is known to be a safeguard against unforeseen circumstances that may likely affect business or livelihoo...
THE ROLE OF NON-GOVERNMENTAL ORGANIZATIONS IN THE DEVELOPMENT OF RURAL AREAS
EXCERPT FROM THE STUDY
Experience has shown that the provision and maintenance of amenities cannot be handled by governm...
WELFARE SCHEME AND ITS IMPACT ON THE MOTIVATION OF WORKERS
BACKGROUND OF THE STUDY.
Purpose work in a organization for the purpose of meeting certain needs, these...
