PASS 2024 UTME WITHOUT STRESS:- DOWNLOAD and PRACTICE with 2024 UTME CBT APP 📱👈
😂 GUARANTEE|:| STUDY, WORK AND LIVE IN THE UK >>>.:- STUDY IN UK! Here is How to Apply to Study and Work In the United Kingdom in 2024

Nigeria Tax System Its Aims, Objective And Contribution To Economics

Download complete project on Nigeria Tax System Its Aims, Objective And Contribution To Economics from chapter 1 to 5 with reference and appendix.

ABSTRACT
Since the past years, none of the students of the department of Accounting either NCE or B.Sc. has made any write-up on the topic Nigeria Tax system. In view of this, it is important and necessary to let students of Accountancy Department and necessary and other Department to know the importance of tax system in the Development of Nigeria economy.

This has become imperative because of the ignorance of people on the importance of Nigeria Tax system, which has been a hindrance to the economic development.

People usually feel cheated when asked to pay up their tax liabilities. If people are aware of the aims, objectives and contribution of the Nigeria tax system to the economy, they will not feel reluctant to discharge their civic responsibilities while the government will not hesitate to provide the masses with vital social amenities.

TABLE OF CONTENTS

TITLE PAGE

CERTIFICATION

DEDICATION

ACKNOWLEDGMENT

ABSTRACT

TABLE OF CONTENTS

CHAPTER ONE

INTRODUCTION

1.1Background to the Study

1.2Statement of the Problem

1.3Objective and Purpose of the Study

1.4Scope of the Study

1.5Research Methodology

1.6Statement of Hypothesis

1.7Definition of Terms

1.8Organization and Plan of the Study

1.9Limitation of the study

CHAPTER TWO

LITERATURE REVIEW

2.1Definition of Taxation

2.2The various Types of Taxes

2.3Theoretical Aims and Objectives of Taxation

2.4Miscellaneous Taxes

2.5Assessment Procedure

2.6Problems of Tax Collection in Nigeria

CHAPTER THREE

CASE STUDY AND METHODOLOGY

3.1    History of the Kwara State

Board of Internal Revenues

3.2    Organization structure of the Board

3.3    Objectives of the Board of Internal Revenue

3.4    Mode of Data Collection

3.5    Hypothesis Testing

CHAPTER FOUR 

DATA PRESENTATION AND ANALYSIS

4.1    Data Analysis (PAYE and Direct Assessment)

4.2    Other Revenue Sections

4.3    Contribution of Tax to the Nigerian Economy

4.4    Findings

CHAPTER FIVE

SUMMARY, CONCLUSION AND RECOMMENDATION

5.1 Summary

5.2 Conclusion

5.3 Recommendation

REFERENCES

APPENDICES

CHAPTER ONE

1.1 BACKGROUND TO THE STUDY

The existence of taxes had been before the colonization of African countries. Taxes existed in Africa for the common benefits of African populace.

In Nigeria taxes were paid and were properly recognized then and there were few cases of tax evasion and tax avoidance.

Though, compared with what we have now taxes realized then were relatively small but sufficient for the need of the society as at that time.

However, what we have in Nigeria today Is to a large extent an offspring of the British tax system, inherited from our colonial masters.

For example taxes were prominent In the northern part of Nigeria before the colonial era, by the way of rendering free services such as clearing of bush, digging of wells, digging of pit toilets, etc. all these were recognized as taxes for the benefits of the community as a whole.

An Appraisal of Internal Control System in Manufacturing Organization
An Appraisal Of Cases Of Corporate Mergers And Acquisition In Nigeria

Cattle rearers and citizens even went to the extent of giving cows and horses so that community could sell them and use the proceeds for the economic development of the community.

There were laws or regulations guiding the procedure, then and even if there were any, they where not on record today.

In those days, the obas, Emirs and obis were appointed and recognized as commissioners for tax purpose which is now equivalent to the modern commissioners for finance and ‘revenue. These chiefs would in turn appoint ward chiefs who would be operating under their authority. Also, the ward chiefs would appoint family heads to carry out any responsibilities given to them.

Audit As An Instrument Of Fraud Control In Small Scale Industries
Audit As An Instrument Of Fraud Control In Small Scale Industries

Any matter which could cause delay in tax administration would be jointly decided by the Oba, Emir or obi and his council of’ chiefs and the Oba, Emir or Obi are usually the chairman of such a panel or meetings. The system ha know been adopted by: the joint tax board with some moderation as the letter is not the combination of chiefs but a combination of different professionals from’ different fields of human endeavour.

If one views the system of tax administration during pre-colonial period, there taxes collected at times, could be less than expresses incurred during the process of collection.

Also, there were few cases of tax evasion and tax avoidance could be attributed to the level and standard of education. People are now educated and so they now know how to avoid and evade tax cleverly.

However, with all this above mentioned points, the pre-colonial tax system has its disadvantage because this custodian of this money could easily run away with it or misappropriate part of the whole money or it may be stolen there were banking in those days.

 CLICK HERE TO DOWNLOAD THE COMPLETE MATERIAL (CHAPTER 1 -5)

>GUARANTTEE|:| Score 280 Above in 2024 UTME👉 DOWNLOAD FREE JAMB CBT APP HERE:.: GURRANTTEE Score 280 Above in 2022 UTME👉 DOWNLOAD FREE JAMB CBT APP HERE 📱👈
WISH TO STUDY & LIVE in UK?:- STUDY, WORK AND LIVE IN the UK Application Form NOW OUT. Call 08030447894

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.