ABSTRACT
This research project is
motivated by the problems encountered in tax administration. The problem is
defined by the consequences of tax evasion and avoidance on the revenue
generation and economic growth in Nigeria. The background of the study centres
on the causes, effects and control of tax evasion and tax avoidance and its
negative implication on the Nigeria economic growth. The objectives of the
study includes to: analyse the various causes of tax evasion and avoidance,
analyse factors militating against assessment and collection of taxes. Three
research questions were raised for the study while survey design was adopted
for the study with a sample size of forty-two. The questionnaire was the main
instrument used for data collection The data collected was subjected to simple
validity and reliability test. The analysis of the data was based on
statistical frequency table and chi-square (X2) was used to test the level of
significance. Some of the finding of the research work are - voluntary
compliance by taxpayer is very low due to ignorance, the self employed usually
evade tax, most tax payers do not know the basis of their tax assessment thus
their relationship with tax authorities is hostile. Based on the above findings,
recommendation are made such as - the government should exercise the will power
to enforce tax laws fully, there should be legislation to close the existing
loopholes in the tax laws to minimize tax • avoidance, tax authorities should
organize enlightenment campaign to enlighten tax payers about tax laws guiding
the Nigerian tax system.
ELEKE, A (2021). The Impact Of Tax Evasion And Tax Avoidance On Revenue Generation And Economic Growth In Nigeria. Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/the-impact-of-tax-evasion-and-tax-avoidance-on-revenue-generation-and-economic-growth-in-nigeria-7-2
AMARACHI, ELEKE. "The Impact Of Tax Evasion And Tax Avoidance On Revenue Generation And Economic Growth In Nigeria" Mouau.afribary.org. Mouau.afribary.org, 12 Aug. 2021, https://repository.mouau.edu.ng/work/view/the-impact-of-tax-evasion-and-tax-avoidance-on-revenue-generation-and-economic-growth-in-nigeria-7-2. Accessed 01 Nov. 2024.
AMARACHI, ELEKE. "The Impact Of Tax Evasion And Tax Avoidance On Revenue Generation And Economic Growth In Nigeria". Mouau.afribary.org, Mouau.afribary.org, 12 Aug. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/the-impact-of-tax-evasion-and-tax-avoidance-on-revenue-generation-and-economic-growth-in-nigeria-7-2 >.
AMARACHI, ELEKE. "The Impact Of Tax Evasion And Tax Avoidance On Revenue Generation And Economic Growth In Nigeria" Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/the-impact-of-tax-evasion-and-tax-avoidance-on-revenue-generation-and-economic-growth-in-nigeria-7-2