Impact Of Taxation As An Aid On Economic Development (A Case Study Of Abia State)

ABSTRACT

The purpose of this study is to find out if actually there is an impact of taxation as aid to economic development and my study is based on the survey of Abia State, using Abia state as a case study. This research also became necessary in order to bring to the proper understanding of the enquirer the best ways to solve such problems connected with the taxation especially: what is taxable, which system of tax is acceptable, the rate of tax evasion and avoidance and the assessment of Nigeria tax system. The primary function of every government is to make provision for its citizens in lenns of infrastructure facilities. The provision of this enormous work cannot be carried out adequately by the government due to its limited resources therefore, there is the imposition of tax on all citizens, companies to augment government financial position. Government have always enacted various (ax laws and reformed to stand the taste of time.