Value Added Tax in Nigeria: Challenges and Economic Implication
Value Added Tax in Nigeria Challenges and Economic Implication
Quick Navigation for Final Year Undergraduates, Masters (Thesis), and Ph.D. Dissertation Students Who Need Our Services on Their Research Works
Find More Project Topics | FIND HERE |
Hire Us for Thesis Works | HIRE NOW |
Hire Us for Project Works | HIRE NOW |
Hire Us for Seminar Works | HIRE NOW |
Hire Us for Assignments | HIRE NOW |
Hire Us for Proposals | HIRE NOW |
Contact Us | HERE NOW |
Abstract on Value Added Tax in Nigeria: Challenges and Economic Implication
The study is to determine the role of the impact of value added tax (VAT) on Nigeria growth and development. The objective of the same are in suitable the effective of VAT as a suitable alternative to sales tax in Nigeria; to identify the methods of collecting value added tax and to identify possible lapses and loopholes in VAT and its application in Nigeria.
The study employs primary and secondary sources of data. The primary source of data was employed to elicit information from the respondent on the concept considered. Based on this information source, survey analysis of inferential methodology using chi-square analysis was adopted as a method of hypotheses testing.
From the analysis of the study, it was found out that value added tax contributes to the growth of Nigerian economy, that value added tax is a good source of revenue generation to the Nigerian economy and that there is proper and adequate accounting records as far as VAT is concerned. The study suggested that monthly and quarterly publication of VAT collections and disbursement in a least one or two national dailies as this will serve as a watchdog and promote accountability which will consequently prevent diversion of public funds. Also the computerization of all level and department of tax must be highly favoured.
Disclaimer
This research material is intended for academic use only and should be used as a guide in constructing your research project and seminar presentation. You should never duplicate the content word for word (verbatim), as SCHOOLTHESIS.COM will not be held liable for anyone who does.
The purpose of publishing this material is to alleviate the stress of hopping from one school library to the next in search of research materials. This service is lawful because all educational institutions allow students to read past projects, papers, books, and articles while working on their own.
SCHOOL THESIS is merely giving this information as a research reference. Use the document as a reference or structure for your own research paper. This paper’s content should be able to assist you in coming up with new ideas and thoughts for your own study
Value Added Tax in Nigeria: Challenges and Economic Implication research paper, should only be used as a guide.