ABSTRACT
Taxes have been one
of the tool for revenue generation and a significant tool in Fiscal policy in
Nigeria. The overriding preoccupation of this study is to examine the factors
that have been critical in determining the savings and investment pattern in
Abia State, Nigeria. Taxation being a too use to monitor and influence the
nation's economy, it was inherent to use taxes as the independent variable to
regress domestic savings and investment. Specifically, the study aims at
determining whether tax affects the saving patterns of individuals, corporate
bodies and institutions. In an attempt to do this, past literatures were
reviewed, theories of taxation, savings and investment were examined. The study
also examined tax administration in Abia State, and the composition of tax
authorities at different levels. In order to carry out the research, the
researcher adopted a sample size of I 255 from a population of 700 which was
captured from three cities of Aba, Umuahia and Ohafia representing the three
senatorial zones of Abia State. I Questionnaires were distributed to collect
primary data for the study; which were analyzed with simple percentages. The
hypotheses stated in the research were tested with correlation model. After the
study, it was observed that tax policies have significant effect on domestic
savings and investment pattern in Abia State. Thus, the researcher recommended
that tax policies in Abia State should be implemented so as to grow domestic
savings and investment in Abia State in order to have a stable and favorable
economy.
OKORONKWO, H (2021). Impact Of Tax Policies On Domestic Savings And Investments (A Case Study Of Abia State).. Mouau.afribary.org: Retrieved Oct 31, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-tax-policies-on-domestic-savings-and-investments-a-case-study-of-abia-state-7-2
HENRY, OKORONKWO. "Impact Of Tax Policies On Domestic Savings And Investments (A Case Study Of Abia State)." Mouau.afribary.org. Mouau.afribary.org, 03 Dec. 2021, https://repository.mouau.edu.ng/work/view/impact-of-tax-policies-on-domestic-savings-and-investments-a-case-study-of-abia-state-7-2. Accessed 31 Oct. 2024.
HENRY, OKORONKWO. "Impact Of Tax Policies On Domestic Savings And Investments (A Case Study Of Abia State).". Mouau.afribary.org, Mouau.afribary.org, 03 Dec. 2021. Web. 31 Oct. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-tax-policies-on-domestic-savings-and-investments-a-case-study-of-abia-state-7-2 >.
HENRY, OKORONKWO. "Impact Of Tax Policies On Domestic Savings And Investments (A Case Study Of Abia State)." Mouau.afribary.org (2021). Accessed 31 Oct. 2024. https://repository.mouau.edu.ng/work/view/impact-of-tax-policies-on-domestic-savings-and-investments-a-case-study-of-abia-state-7-2