ABSTRACT
This research work examined the impact
of value added tax on revenue generation of Nigeria, chapter one dealt with the introduction, the background of the study,
the statement of the problem, hypothesis, objective of the study etc. The
objective of the study is to determine the impact of value added tax on
revenue generation of Nigeria. However,
chapter two dealt with the literature review of different authors, textbooks
and related journal were reviewed. The chapter three focus on the research
methodology use, the research designed employed was ex post facto
research design. Data were sourced from
secondary sources. Analyses of data and testing of hypotheses were done through
the aid of statistical tools such as tables, and simple regression model. In
chapter four, the researcher analyze the data the findings
from data
analyzed
indicates that
value added tax has a significant and positive relationship on real gross
domestic product growth rate and total tax revenue generation in Nigeria as
proxies for Revenue generation. The study
how
ever revealed
that
The organizations especially private companies who deal on vatable goods and
are expected to withhold these taxes for the government should be encouraged to
be openly accountable and responsible in the remittance of such taxes to the
government as at when due. The government on its part should account properly
for the taxpayers’ funds by utilizing the funds in the provisions of obvious
basic amenities and public goods. This sis intended to boost the morale of the
citizens and encourage them to trust in the capability of the government to
represent them well when entrusted with the funds of the state.
IBEH, J (2023). Impact Of Value Added Tax On Revenue Generation Of Nigeria (1996-2018). Mouau.afribary.org: Retrieved Oct 31, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-value-added-tax-on-revenue-generation-of-nigeria-1996-2018-7-2
JOY, IBEH. "Impact Of Value Added Tax On Revenue Generation Of Nigeria (1996-2018)" Mouau.afribary.org. Mouau.afribary.org, 10 Feb. 2023, https://repository.mouau.edu.ng/work/view/impact-of-value-added-tax-on-revenue-generation-of-nigeria-1996-2018-7-2. Accessed 31 Oct. 2024.
JOY, IBEH. "Impact Of Value Added Tax On Revenue Generation Of Nigeria (1996-2018)". Mouau.afribary.org, Mouau.afribary.org, 10 Feb. 2023. Web. 31 Oct. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-value-added-tax-on-revenue-generation-of-nigeria-1996-2018-7-2 >.
JOY, IBEH. "Impact Of Value Added Tax On Revenue Generation Of Nigeria (1996-2018)" Mouau.afribary.org (2023). Accessed 31 Oct. 2024. https://repository.mouau.edu.ng/work/view/impact-of-value-added-tax-on-revenue-generation-of-nigeria-1996-2018-7-2