Abstract
This Research work attempts to look at the effect of Tax evasion and avoidance on economy of Nigeria and its capacity to reduce tax revenue growth (A case study of Lagos State Internal Revenue Service). Tax is a compulsory levy imposed by government on income individual, firms and household. It was also find out that an individual tax evader or avoider may engage in it simply because he is unable to appreciate any benefit that would accrue to him after payment of such tax. The study made use of secondary data obtained from Lagos internal revenue service on total revenue from taxation and total value of tax evasion. Questionnaires were also used to gathered information on the effect tax administration on tax evasion and avoidance. Mean and standard deviation methods were used to analyze the questionnaire administered to Lagos state internal revenue service staff. Empirical results shown that increasing tax evasion and avoidance reduce government revenue growth in Lagos .It was also found that Tax Administration is responsible for the tax evasion and avoidance in Lagos State. This was due to lack of enforcement machineries which include, adequate manpower, computers and effective postal and communication system. Finally, it is therefore recommended that the government should create awareness in the mind of tax payers about the importance of taxation in development of national economy and the effects of tax evasion and avoidance in government revenue growth.
Abstract
A study of influence of family background and academic performance of students in five secondary schools. In Gb...
ABSTRACT
Our earth suffers a lot from the things that are tossed uselessly; these...
Abstract
This study undertook a historical overview of the development of the local government system in Nigeria, espec...
BACKGROUND OF THE STUDY
Over the years, the nation has been experiencing a drastic fall in the academic...
ABSTRACT
The research is an assessment of the delivery of low income housing in Nigeria, it analyzes the prospect and ch...
Abstract
The gradual shift from the offline to online communication s...
ABSTRACT
The global nature of climate has become very well appreciated in the developing as well as developed world. For example, in its...
ABSTRACT
This study was carried out on drugs and alcoholism among cab riders in FCT Abuja, using NUTRW...
BACKGROUND OF THE STUDY
In the past decades due to the side of schools regards compulsory education, child labour laws,...
BACKGROUND OF THE STUDY
Education is a process of acquiring desirable changes in ones behaviour or character. The school...