Site Logo E-PROJECTTOPICS

ANALYSIS OF THE LEGAL FRAMEWORK OF INCOME TAX ENFORCEMENT AND COMPLIANCE STRATEGY FOR REVENUE GENERATION IN NIGERIA


πŸ“


Presented To


Law Department

πŸ“„ Pages: 82       🧠 Words: 6840       πŸ“š Chapters: 5 πŸ—‚οΈοΈ For: PROJECT

πŸ‘οΈβ€πŸ—¨οΈοΈοΈ Views: 472      

⬇️ Download (Complete Report) Now!

ABSTRACT
From the inception of modern taxation in Nigeria in the first decade of the 20th century the problem of poor tax administration has been the cankerworms that militate against an optimum revenue generation which affect negatively the government ability to render essential services to the citizenry. The problem of the attitude of most tax payers in Nigeria is negative. Most of the people, feel that tax imposed on them by the government is a means to exploit their limited resources for their personal use. With this impression, they see no reason why they should comply in paying such taxes. They would therefore prefer to devise any method to evade or avoid taxes. The government and the tax authorities on the other hand, have made very little effort in educating tax payers, especially those from the rural areas to understand that such taxes are used for their benefit in assisting the government in providing social amenities or public utilities such as education, defence, health, communication, infrastructures and many others that yield no revenue, which are supposed to be financed by the government with the citizen fulfilling their civic duties. With the above problems in mind, various reforms were initiated aimed at educating the taxpayers on their civic obligation to pay their taxes which will help government to raise revenue in order to provide the most needed infrastructures for the public good, to further examine the possible ways to educating tax payer on the importance of tax compliance and enforcement so as to encourage them on performing this civic responsibility place on them. This work is intended to cover the general background of income tax administration in Nigeria. The scope will be base on methods of assessment to personal income tax and collection by the avoidable administrative machineries. The work is limited by the non-doctrinal method of research that would have involved the conduct of interviews and the administration of questioners. Indeed, because of lack of time, the researcher was unable to do that. This study assesses the income tax enforcement and compliance efforts under the Nigerian Income tax laws. In assessing these penal provisions, the weaknesses of our taxing provisions shall be examined analysed and processed with a view to making laudable suggestions and recommendations that will improve revenue generation in Nigeria. The research project concludes that the tax authorities and the government should educate the taxpayers on their civic obligation to pay their taxes because, voluntary tax compliance by the tax payers is hardly possible under a condition in which the public have no confidence in the revenue officials. The importance of tax and the issue of tax as a source of government revenue must be pointed out to both the government and the governed should be talked about also. Hence, all hands must be on deck for the country to achieve great percentage of tax compliance from the taxpayers.

PLEASE NOTE

This material is a comprehensive and well-written project, structured into Chapter (1 to 5) for clarity and depth.


To access the full material click the download button below


OR


Contact our support team via Call/WhatsApp: 09019904113 for further inquiries.

Thank you for choosing us!

πŸ“„ Pages: 82       🧠 Words: 6840       πŸ“š Chapters: 5 πŸ—‚οΈοΈ For: PROJECT

πŸ‘οΈβ€πŸ—¨οΈοΈοΈ Views: 472      

⬇️ Download (Complete Report) Now!

πŸ”— Related Topics

AN ANALYSIS OF THE USE OF TESTIMONY AS A MEANS OF PROOF IN NIGERIA THE RIGHT OF AN ACCUSED PERSON UNDER THE NIGERIAN LEGAL SYSTEM A CRITICAL ANALYSIS OF THE SECTION 144 OF THE 1999 CONSTITUTION: MUSA YAR’ADUA AS A CASE STUDY LIABILITY OF STATE AGENCIES AND PUBLIC OFFICERS VIS-A-VIS SOVEREIGN IMMUNITY AND LIMITATION OF ACTIONS UNDER NIGERIAN LAW AN EXAMINATION OF LAWS AND PROCEDURES REGULATING TRADE DISPUTE IN NIGERIA POLICING THE FEDERATING STATES OF NIGERIA: A CRITIQUE OF THE LAW AND POLICIES INVOLVED APPRAISAL OF JUDICIAL REFORMS TOWARDS AN EFFICIENT ADMINISTRATION OF JUSTICE IN NIGERIA DUTIES AND POSITION OF COMPANY DIRECTORS UNDER NIGERIAN COMPANY LAW LEGAL AND INSTITUTIONAL FRAMEWORK REGULATING PUBLIC OFFERING OF SECURITIES IN THE NIGERIAN CAPITAL MARKET AN APPRAISAL OF THE COURT AND CONSTITUTIONALISM IN NIGERIA: A DECADE OF DEMOCRATIC GOVERNANCE AN ASSESSMENT OF THE EFFECTIVENESS OF THE LEGAL FRAMEWORK ON INTERNET FRAUD IN NIGERIA: A COMPARATIVE ANALYSIS BETWEEN NIGERIA AND CANADA AN APPRAISAL OF THE ENFORCEMENT OF HUMAN RIGHTS UNDER THE FUNDAMENTAL RIGHTS (ENFORCEMENT PROCEDURE) RULES 2009 IN NIGERIA AN APPRAISAL OF THE LEGAL FRAMEWORK FOR INTERNATIONAL ENVIRONMENTAL PROTECTION UNDER THE LAW OF ARMED CONFLICT EMPLOYER'S LIABILITY TO HID EMPLOYEE UNDER THE NIGERIAN CONTRACT OF EMPLOYMENT AN ANALYSIS OF THE REGULATORY LEGAL FRAME WORK FOR FOREIGN INVESTMENT IN NIGERIA: ISSUES AND CHALLENGES AN EXAMINATION OF INVESTORS’ PROTECTION UNDER NIGERIAN LAW A LEGAL AND JURISPRUDENTIAL ANALYSIS OF HOMOSEXUALITY AND SAME SEX MARRIAGES: SUPPORTING THE NIGERIAN POSITION Critical Analysis Of Corroboration Under The Nigerian Law Of Evidence AN APPRAISAL OF MORTGAGE OF LANDED PROPERTY AS SECURITY FOR LOAN FROM BANKS IN NIGERIA ASSESSMENT OF THE LEGAL AND INSTITUTIONAL FRAMEWORK FOR THE PREVENTION OF ENVIRONMENTAL DEGRADATION BY OIL AND GAS COMPANIES IN NIGERIA

click on whatsapp