ABSTRACT
An appraisal of tax collection system in Nigeria. The aim
and objective of the topic is to critically analyze the assessment and
collection procedure of tax in Nigeria. To identify the problems militating
against assessment and collection procedure, to know the possible effects of
improving assessment and collection recommendation for an effective and
efficiency means of assessment and collection of taxes. Finally, to make useful
suggestion and advices the government based on the findings.
The significant of this study is that though tax is a
nationwide phenomenon, the scope of this study is intended to cover only Imo
state; the tax laws in Imo state and the various types of taxes in operation.
Taxation as one of major sources of revenue to the
unsuccessful implementation of economic policies on collection procedures for
the government. Fraud as one of the problem because most of tax payers in
Nigeria falsify their records so as not to be declare high profit and pay high
tax . Also most of the taxpayers’ money cannot be accounted for. At times when
taxes paid, the tax officials don’t give the government all the monies they
reserve some for themselves.
The techniques used in the formulation of the hypothesis are
the statistical method which is the chi-0square method was chosen to help in
interpretation of the data collection during investigation. The null hypothesis
(Ho) is used to determine its acceptance and or otherwise the acceptance of the
alternative hypothesis (H1).
The findings in all the project is that the assessment and
collection in Nigeria is not effective.
Secondary is that the response of taxpayers in Nigeria
connive with tax officials to evade tax.
The researcher’s recommendations in order to boost the
present tax collection system in Nigeria is to increase the revenue generated
through tax improve tax payers confidence in the government and willingness to
pay tax.
TABLE OF CONTENTS
Title page-
– – –
– – –
– – -i
Certification-
– – –
– – –
– – -ii
Dedication- – –
– – –
– – –
-iii
Acknowledgment-
– – –
– – –
– -iv
Abstract- –
– – –
– – –
– – -v
Table of contents-
– – –
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– -vi
Chapter one
Introduction – –
– – –
– – –
-1
Back ground of the study-
– – –
– -2
Statement of the problem-
– – –
– -4
Objectives of the study-
– – –
– – -5
Research questions-
– – –
– – -6
Statement of hypothesis-
– –
– – -7
Significant of the study- –
– – –
– -8
Scope of the study-
– – –
– – -9
Limitation of the study- –
– – –
– -10
Definition of terms-
– –
– – –
-10
Chapter two
2.0 Literature review-
– – –
– – –
-13
Introduction- –
– – –
– – –
-13
Review of tax laws in Nigeria- –
– – –
-13
Canons of taxation –
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– – -14
Provision of income tax management Act (ITMA)- -16
Nigeria tax legislature
– – –
– – – 17
The various types of taxes and their legal back -18
Important of taxation
– – –
– – -19
Federal Board of Inland revenue- –
– – -20
state board of Inland revenue- –
– – -23
Local government revenue committee- – –
-25
Nigeria tax structure-
– – –
– – – 25
Definition/explanation of tax terminology29
Assessment of persons and partners- –
– -40
The concept of value added tax- –
– – -41
Vatable persons in Nigeria-
– – –
– -48
Chapter three
3.0 Research Design and Methodology – –
– – -50
Introduction- –
– – –
– – –
-50
Research design sources/methods of data collection-50
Sources of data
– – –
– – –
-51
Population and sample size-
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– -52
Sample technique- –
– – –
– – -54
Validity and reliability of measuring instrument- -54
Method of data analysis-
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– – –
56
Chapter four
4.0 Presentation and analysis of data- –
– – -65
Introduction- – –
– – –
– – -65
Presentation of data-
– – –
– – -65
Analysis of data-
– – –
– – –
-66
Test of hypothesis- –
– – –
– – -74
Interpretation of result- – –
– – –
-79
Chapter five
5.0 Summary conclusion and recommendations – – -81
5.1 Introduction-
– – –
– – –
– -81
5.2 summary of findings-
– – –
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– 81
5.3 Conclusions-
– – –
– – –
– -82
5.4 Recommendations – –
– – –
– – -83
5.5 recommendation for further studies – –
– -90
References – –
– – –
– – –
-91
Appendix- – –
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– – –
– -93
CHAPTER ONE
INTRODUCTION
An important sacrifice one makes towards the upliftment of
one’s country is the payment of tax. Revenue accrued from taxes are used by
government to discharge its enormous responsibilities.
Therefore, we can say that taxation is the process or
machinery by which communities or groups of persons are made to contribute part
of their income in some agreed quantum and methods for the purpose of
administration and development of the society.
It is a levy imposes by the government against the income,
profit or wealth of individual, partnership and corporate organization. This is
why it is often referred to as a civil obligation.
In Nigeria, there are other forms of taxation. Dating back
to the days of our great grand fathers where by communities taxed themselves
through communal labour to execute community projects or to help the community.
This is still practiced in various parts of the country today. In that concept
the basis and objectives of taxation are so laudable and acceptable. It is
surprising that people still want to evade it or avoid it completely perhaps;
it is the entire system that gives room for evasion, avoidance and other
problem of taxation or may be the societal ills and failure that makes people
want to evade it. Let us therefore now look at the structure and system of
taxation in Imo state and appraise the effectiveness or otherwise and its
problem.