A problem of Tax collection and Effects on the Revenue Generation in Nigeria

A problem of Tax collection and Effects on the Revenue Generation in Nigeria

Abstract

Due to insufficient tax management, poor tax collection, and a lack of proper return of accounts, the amount of money generated in the state has been declining. These are the unfavorable effects on government revenue generation that are intended to support its fundamental duties, such as the provision of necessities for the state’s population. This study project aims to investigate the impact of tax administration on the production of revenue for the Taraba state government. This study used a survey research approach as its research methodology. Information was gathered from both primary and secondary sources. Basic percentages were used to evaluate the data, and the chi-square statistical approach was used to test the validity of the hypothesis at the 0.05 level of significance. According to research, tax evasion and avoidance are very common in the state. Taraba State’s tax administration is also insufficient, ineffective, and poorly managed, which limits tax administration and collection. In the end, the researcher came to some significant conclusions, some of which include: the people of Taraba state’s lack of interest in paying taxes may be persuaded to do so by including them in the administration, collecting, and use of tax revenue decision-making processes. Both the government and its agencies should improve the environment. The staff of the SBIR Taraba shall get fair compensation and provide proper enforcement of tax laws in accordance with the established standards and guidelines.

Download Full Material-N5000

Leave a Reply