ABSTRACT
The development of every society
depends on the amount of revenue generated by the government for the provision
of infrastructural facilities. One major source of generating this revenue is
taxation. Tax is a major source of government revenue all over the world,
including Nigeria. Government use tax proceeds to render their traditional
functions such as the provision of public goods, maintenance of law and order,
defense against external and internal aggression, regulation of trade and
business to ensure social and economic justice. The study critical investigate
the impact of tax evasion and tax avoidance on revenue generation in Abia Sate,
Nigeria. The study employed survey research design by which data were generated
by means of questionnaire and ex-post facto. the result is based on the
analysis of data obtained from two hundred and twenty seven (227) respondents
that returned their questionnaire, out of one thousand (1,000) questionnaire
that was administered to the respondents; public servant filled and returned
fourth six (46), private organization filled and returned sixty (60),
self-employed and others filled and returned one twenty one (121). The
descriptive statistics and percentage analysis were used for the data analysis
and the hypotheses were tested using simple regression model. The statistical
package for social sciences (SPSS) software version 20.0 was employed in the
analysis of data and test of hypotheses. The results reveal that total tax loss
has no significant impact on total tax revenue generation in Abia state. It
also showed total tax loss has a significant impact on total tax revenue
generation in Abia state. It hereby recommended that adequate care and due
diligence should be maintained in the method involve in checking tax evasion
and tax avoidance in Abia State, Nigeria, which could lead to loss of
government revenue.
MICHAEL, U (2021). Impact Of Tax Evasion And Avoidance On Revenue Generation In Abia State, Nigeria.. Mouau.afribary.org: Retrieved Nov 27, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-tax-evasion-and-avoidance-on-revenue-generation-in-abia-state-nigeria-7-2
UNIVERSITY, MICHAEL. "Impact Of Tax Evasion And Avoidance On Revenue Generation In Abia State, Nigeria." Mouau.afribary.org. Mouau.afribary.org, 19 Jul. 2021, https://repository.mouau.edu.ng/work/view/impact-of-tax-evasion-and-avoidance-on-revenue-generation-in-abia-state-nigeria-7-2. Accessed 27 Nov. 2024.
UNIVERSITY, MICHAEL. "Impact Of Tax Evasion And Avoidance On Revenue Generation In Abia State, Nigeria.". Mouau.afribary.org, Mouau.afribary.org, 19 Jul. 2021. Web. 27 Nov. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-tax-evasion-and-avoidance-on-revenue-generation-in-abia-state-nigeria-7-2 >.
UNIVERSITY, MICHAEL. "Impact Of Tax Evasion And Avoidance On Revenue Generation In Abia State, Nigeria." Mouau.afribary.org (2021). Accessed 27 Nov. 2024. https://repository.mouau.edu.ng/work/view/impact-of-tax-evasion-and-avoidance-on-revenue-generation-in-abia-state-nigeria-7-2