THE IMPLICATION OF TAXATION ON INVESTMENT DECISION MAKING
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
The Nigerian corporate income tax system provides investment incentives that vary across asset types. Do corporations investment choices respond to these differences and if so by how much? This research analyzes the effect of corporate income tax on investment decisions of companies listed at the Nigerian stock exchange. While policy makers have made effort to impose more uniformity on corporate tax policies, no empirical study exists to quantify the extent to which corporate income tax have altered the structure of investment decisions. This is rather unfortunate because, as pointed out in Feldstein (1982) capital consists of many types of equipment and structures. The objective of this study is to establish the relationship between corporate taxes and investment decisions of the companies listed at the NSE.
Descriptive Research was used in this study which involved the analysis of quantitative data. The data was the financial statements of the companies listed at the NSE. It was a census study this means that data from the whole population was analyzed. Secondary data was collected from all the companies listed at the NSE from 2012 to 2013. Data analysis was done using the SSPS where the regression analysis, ANOVA and correlation coefficients were generated. T-test was done to prove the relevance of the study.
It was concluded that corporate tax affect investment decisions of the companies. All the corporate tax variables affect the depended variables. The depreciation tax shield has a very small negative value this implies that to a larger extend it reduce the corporate taxes amount and increase the amounts available for investment. The interest tax shield, After Tax cash flow and corporate tax all affect investment. Corporate tax is the highest in reducing the amounts available for investment. The overall effect of these tax incentives is therefore asset specific, depending on the characteristics of the physical asset and, to a lesser extent, the industry in which the asset is placed.
Related Project Materials
CORPORATE GOVERNANCE AND ITS INFLUENCE ON PUBLIC ACCOUNTING STANDARDS
CORPORATE GOVERNANCE AND ITS INFLUENCE ON PUBLIC ACCOUNTING STANDARDS
This study aims to explore the influence of corporate governance on...
THE INFLUENCE OF FAMILY SIZE ON SECONDARY SCHOOL STUDENTS ACADEMIC PERFORMANCE IN NIGERIA
ABSTRACT
Academic performance often determined the individual scores in relation to performance of othe...
ANTI-DIARRHOEAL AND SUBCHRONIC TOXICITY STUDIES ON METHANOL STEM BARK EXTRACT OF IRIVINGIA WOMBOLU VERMOESEN (IRVINGIACEAE) IN LABORATORY ANIMALS
Abstract
Irvingia wombolu is one of the herbal plants used as food for its nutritional values. It is also used as medicinal plant in the...
APPRAISAL OF BUILDING MAINTENANCE PRACTICE AMONG LANDLORDS
Abstract
The study is appraisal of building maintenance practice among landlords in Niger central senat...
INVESTIGATION OF CULTURAL COMPETENCY IN VOCATIONAL EDUCATION PROGRAMS
ABSTRACT: This study examines the importance of addressing cultural competency in vocational education programs, aiming to prepare students fo...
EFFECT OF TAX AUTHORITY IN THE PREVENTION AND DETECTION OF TAX FRAUD IN NIGERIA
BACKGROUND OF THE STUDY
Taxation is not a new word in Nigeria or the world as a whole. In Nigeria...
GENDER INFLUENCE ON THE ACADEMIC PERFORMANCE OF STUDENTS’ IN ACCOUNTING AT THE SENIOR SECONDARY SCHOOL LEVEL
INTRODUCTION
The world has become a vastly complicated place. Scientific discovery, business development, technological...
COMPARATIVE ASSESSMENT OF HUMAN RESOURCE MANAGEMENT ON THE ACHIEVEMENT OF PUBLIC AND PRIVATE SECONDARY SCHOOLS IN NIGERIA
ABSTRACT
This study was carried out in order to assess the management of human resource towards the achievement of public and private sec...
THE INFLUENCE OF PRODUCT QUALITY ON BRAND LOYALTY IN NIGERIA (A CASE STUDY OF EKWULOBIA RESIDENCE)
STATEMENT OF THE PROBLEMS
Product quality is the collection of features and characteristics of a product that contribute...
THE IMPACT OF REMUNERATION ON WORKERS PERFORMANCE AMONG NIGERIAN WORKERS (A CASE STUDY OF NIGERIAN NATIONAL PETROLEUM CORPORATION, ELEME REFINERY)
ABSTRACT
The researcher have summarized the contents of this project work which is aimed at finding out...
