ABSTRACT
This
research work examined ihe impact ofvalue added lax on revenue generation of
Nigeria, chapter one dealt with the introduction, the background ofthe study,
the statement ofthe problem, hypothesis, objective ofthe study etc. The
objective ofthe study is to determine the impact ofvalue added tax on revenue
generation ofNigeria. However, chapter two dealt with the literature review
ofdifferent authors, textbooks and related journal were reviewed. The chapter
three focus on the research methodology use, the research designed employed was
ex postfacto research design. Data were sourcedfrom secondary sources. Analyses
ofdata and testing ofhypotheses were done through the aid ofstatistical tools
such as tables, and simple regression model, in chapter four, ihe researcher
analyze ihe 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 however revealed that The organizations especiallyprivate
companies who deal on vatable goods and are expected to withhold these taxesfor
the governmentshould be encouraged io be openly accountable and responsible in
the remittance ofsuch taxes to the government as at when due. The government on
its part should account properlyfor the taxpayers’ funds by utilizing the funds
in the provisions ofobvious basic amenities andpublic goods. Thissis intended
io boost the morale ofthe citizens and encourage them to trust in the
capability ofthe government to represent them well when entrustedwith thefunds
ofthe state.
IBEH, J (2024). Impact of value added tax on revenue generation of Nigeria :- Ibeh Amarachi J. Mouau.afribary.org: Retrieved Oct 30, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-value-added-tax-on-revenue-generation-of-nigeria-ibeh-amarachi-j-7-2
JOY, IBEH. "Impact of value added tax on revenue generation of Nigeria :- Ibeh Amarachi J" Mouau.afribary.org. Mouau.afribary.org, 19 Aug. 2024, https://repository.mouau.edu.ng/work/view/impact-of-value-added-tax-on-revenue-generation-of-nigeria-ibeh-amarachi-j-7-2. Accessed 30 Oct. 2024.
JOY, IBEH. "Impact of value added tax on revenue generation of Nigeria :- Ibeh Amarachi J". Mouau.afribary.org, Mouau.afribary.org, 19 Aug. 2024. Web. 30 Oct. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-value-added-tax-on-revenue-generation-of-nigeria-ibeh-amarachi-j-7-2 >.
JOY, IBEH. "Impact of value added tax on revenue generation of Nigeria :- Ibeh Amarachi J" Mouau.afribary.org (2024). Accessed 30 Oct. 2024. https://repository.mouau.edu.ng/work/view/impact-of-value-added-tax-on-revenue-generation-of-nigeria-ibeh-amarachi-j-7-2