Effect Of Income Taxes On Business Financial Decisions And Firm Value In Nigeria: A Case Study Of Nigerian Breweries Plc
ABSTRACT
Tax is a compulsory payment imposed on individuals, businesses and properties by Government source. Agyei (1 983) defined tax as the transfer of resources from the private to the public sector in order to accomplish some of a nation's economic and social goals. Thus, government imposes taxes on individuals, commodities, properties, companies etc. in order to obtain revenue. However, government uses taxation as a tool for regulating the level of social and economic activities in a nation, since what should be produced and consumed is greatly affected by costs. Taxation can be make costs differ thereby encouraging or discouraging production and consumption of these goods and service. There are different types of taxes that could be considered by a financial manager in making financing decisions such as custom duties, import duties, export duties, value added tax, mineral royalties, capital gains tax, capital transfer tax, company income tax, petroleum profit tax and so on. Their provision must be clearly noted by the financial manager as also their cost implications, possible incentives provisions as well as any cost of failures to comply Vi1l) the provisions should be known.
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ODEGOKE, R (2021). Effect Of Income Taxes On Business Financial Decisions And Firm Value In Nigeria: A Case Study Of Nigerian Breweries Plc. Mouau.afribary.org: Retrieved Oct 31, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-income-taxes-on-business-financial-decisions-and-firm-value-in-nigeria-a-case-study-of-nigerian-breweries-plc-7-2
R., ODEGOKE. "Effect Of Income Taxes On Business Financial Decisions And Firm Value In Nigeria: A Case Study Of Nigerian Breweries Plc" Mouau.afribary.org. Mouau.afribary.org, 11 Jun. 2021, https://repository.mouau.edu.ng/work/view/effect-of-income-taxes-on-business-financial-decisions-and-firm-value-in-nigeria-a-case-study-of-nigerian-breweries-plc-7-2. Accessed 31 Oct. 2024.
R., ODEGOKE. "Effect Of Income Taxes On Business Financial Decisions And Firm Value In Nigeria: A Case Study Of Nigerian Breweries Plc". Mouau.afribary.org, Mouau.afribary.org, 11 Jun. 2021. Web. 31 Oct. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-income-taxes-on-business-financial-decisions-and-firm-value-in-nigeria-a-case-study-of-nigerian-breweries-plc-7-2 >.
R., ODEGOKE. "Effect Of Income Taxes On Business Financial Decisions And Firm Value In Nigeria: A Case Study Of Nigerian Breweries Plc" Mouau.afribary.org (2021). Accessed 31 Oct. 2024. https://repository.mouau.edu.ng/work/view/effect-of-income-taxes-on-business-financial-decisions-and-firm-value-in-nigeria-a-case-study-of-nigerian-breweries-plc-7-2