THE EFFECT OF TAX ADMINISTRATION ON REVENUE GENERATION IN ENUGU STATE. (A CASE STUDY OF THE STATE BOARD OF INTERNAL REVENUE ENUGU STATE)

THE EFFECT OF TAX ADMINISTRATION ON REVENUE GENERATION IN ENUGU STATE.

(A CASE STUDY OF THE STATE BOARD OF INTERNAL REVENUE ENUGU STATE)


NUMBERS PAGES: 100         RESEARCH TYPE:- PROJECT         AMOUNT :- ₦2500

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                                                                            ABSTRACT
The level of revenue generated in the state has been in a declining form due to poor administration and collections of taxes and lack of proper return of accounts. These are the negative effects that affect government revenue generation which are targeted to meet her basic functions like provision of basic amenities for her citizenry in the state. The aim of this research study is to evaluate the effect of tax administration on revenue generation to the Enugu state government. The research design adopted in this study was survey research method. Primary and secondary sources of data were used in collecting information which was analyzed using simple percentages and hypothesis tested using chi – square statistical method at 0.05 level of significant for validity and to make decisions. Findings show that there was rampant incidence of tax evasion and avoidance in the state, and the tax administration in Enugu state is inadequate, not effective and not efficiently managed thus: inadequate staff and facilities also hinder tax administration and collection. The researcher, in the final analysis drew a lasting conclusion, some of which are:- the apathy of Enugu state people towards payment of tax could be reduced by involving them in the decision making of tax administration, collection and utilization of the tax revenue. The environment should be made better by both the government and its agencies. The staff of the SBIR Enugu should be well remunerated and ensure adequate administration of tax laws in accordance with the laid down rules and regulations.

TABLE OF CONTENT
COVER PAGE————————————————————————
TITLE PAGE————————————————————————-i
APPROVAL PAGE——————————————————————ii
DEDICATION———————————————————————–iii
ACKNOWLEDGEMENT———————————————————–iv
ABSTRACT————————————————————————–v
TABLE OF CONTENT————————————————————-vi
CHAPTER ONE: INTRODUCTION
1.1 BACKGROUND OF THE STUDY———————————————1
1.2 STATEMENT OF THE PROBLEM —————————————–8
1.3 OBJECTIVE OF THE STUDY ————————————————9
1.4 RESEARCH QUESTION —————————————————–10
1.5 STATEMENT OF HYPOTHESIS——————————————–12
1.6 SIGNIFICANCE OF THE STUDY——————————————-12
1.7 SCOPE OF THE STUDY—————————————————–13
1.8 LIMITATION OF THE STUDY———————————————14
1.9 DEFINITION OF TERMS—————————————————15
CHAPTER TWO: REVIEW OF RELATED LITERATURE
2.1 GENERAL OVERVIEW ABOUT THE STUDY—————————-17
2.2 ORIGIN OF TAXATION—————————————————–20
2.3 TAX ADMINISTRATION————————————————————-24
2.4 PURPOSE OF TAXATION————————————————————27
2.5 QUALITIES OF A GOOD TAX SYSTEM——————————————–31
2.6 CLASSIFICATION OF TAXES——————————————————-34
2.7 ENUGUSTATE BOARD OF INTERNAL REVENUE——————————46
2.8 THE REVENUE GENERATION IN ENUGU THROUGH TAX ——————-48
2.9 INADEQUATE STAFF AND FACILITIES HINDER TAX GENERATED——–49
2.10 INCIDENCES OF TAX EVASION AND AVOIDANCE IN ENUGU STATE—-52
2.11 EFFORTS MADE BY ENUGU STATE BOARD OF INTERNAL REVENUE TO IMPROVE REVENUE GENERATION——————————————–56
REFERENCE ————————————————————————62
CHAPTER THREE: RESEARCH METHODOLOGY
3.1 INTRODUCTION ——————————————— 63
3.2 RESEARCH DESIGN ——————————————— 63
3.3 AREA OF THE STUDY——————————————— 63
3.4 POPULATION OF THE STUDY ——————————————— 63
3.5 SOURCES OF DATA COLLECTION——————————————– 64
3.6 DETERMINATION OF SAMPLE SIZE ———————————————65
3.7 METHOD OF DATA ANALYSIS ——————————————— 66
3.8 VALIDITY TEST ——————————————— 68

3.9 RELIABILITY TEST ——————————————— 68
REFERENCE
CHAPTER FOUR: PRESENTATION, INTERPRETATION AND ANALYSIS OF DATE
4.1 DATA PRESENTATION————————————————————-70
4.2 DATA ANALYSIS ——————————————————————-70
4.3 TEST OF HYPOTHESIS ————————————————————-83
CHAPTER FIVE: SUMMARY OF FINDINGS , CONCLUSION AND RECOMMENDATION
5.1 SUMMARY OF FINDINGS——————————————————–92
5.2 CONCLUSION——– ————————————————————–94
5.3 RECOMMENDATION ————————————————————-96
BIBLIOGRAPHY————————————————————————-98
APPENDICES—————————————————————————–100

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TAX INCENTIVES CATALYST FOR INDUSTRIAL DEVELOPMENT AND ECONOMIC GROWTH

TAX INCENTIVES CATALYST FOR INDUSTRIAL DEVELOPMENT AND ECONOMIC GROWTH


NUMBERS PAGES: 95         RESEARCH TYPE:- PROJECT         AMOUNT :- ₦2500

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                                                                            ABSTRACT
This research work on tax incentive as a catalyst for industrial development and economic growth in Nigeria was primarily undertaken to evaluate the effectiveness of tax incentives in developing the Nigerian economy, the extent to which individuals and companies have been responding to the incentive scheme, and how these incentives have been stimulating and motivating these bodies on employment opportunities. The researcher also intends to examine how these incentives has helped the existing industries and firms in expanding their areas of operation and to know if the aim of granting these incentives are being achieved by the government and implemented by the beneficiaries. An empirical study using a well structured questionnaire to assess the relationship that exists between tax incentives, industrial development and economic growth using four different incorporated industries and firms in Portharcourt, Rivers state having considered the type of incentives offered to them by the government. A total number of seventy-five (75) questionnaires were specifically administered to the top and middle management staff (CEO’s managers and Accountants) of these industries and firms and a total number of (60) sixty were retrieved. The hypothesis formulated were tested using the chi-square (X2) method and it was discovered that the tax incentives granted were inadequate to sustain the desired development for which it was granted. Finally, recommendations were made as regards variables which will enhance tax incentives towards industrial development and economic growth.

TABLE OF CONTENTS
Title page i
Certification page ii
Dedication iii
Acknowledgement iv
Abstract vi
Table of Contents
Proposal x
CHAPTER ONE
Introduction 1
1.1 Background of the Study 1
1.2 Statement of Problem 5
1.3 Purpose of the Study 7
1.4 Significance of the Study 8
1.5 Scope of the Study 9
1.6 Limitation of the Study 10
1.7 Hypothesis Formulated 11
1.8 Definition of Terms 12
References 14
CHAPTER TWO
Introduction 16
2.1 Criticism of Tax and Incentive Scheme 17
2.2 Argument for Tax Incentive 19
2.3 The Impact of Tax Incentives 21
2.4 Petroleum Profit Tax Act 23
2.5 Capital Allowance 33
2.6 Companies Income Tax Act 46
2.7 Industrial Development (Income Tax Relief) Act 47
2.8 Other Tax Incentives in Nigeria 50
References 62
CHAPTER THREE
Introduction 63
3.1 Research Design 63
3.2 Sources of Data 64
3.3 Population of the Study 64
3.4 Sampling Method 64
3.5 Validity of Instruments 66
3.6 Reliability of Instruments 67
3.7 Data Analysis Technique 67
CHAPTER FOUR
Date Presentation and Analysis 68
Introduction 68
4.1 Data Presentation 68
4.2 Data Analysis 70
4.3 Research Question Analysis 79
4.4 Test of Hypothesis 85
CHAPTER FIVE
Summary of Findings, Conclusion and Recommendations 89
5.1 Summary of Findings 89
5.2 Conclusion 91
5.3 Recommendations 92
Bibliography 94
Appendices 96

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