TABLE OF CONTENTS
Chapter one
1.1 Back ground of the study. 1
Purpose and objective of the study. 3
Scope and Delimitation of the study 3
Limitation of the study 4
Statement of the problem 4
Hypothesis. 5
Definition of terms 6
Assumption of the study. 7
Chapter Two
Review of related literature. 10
2.1 Concept of taxation 11
Objectives of motives of taxation. 16
Classification of Taxes 18
Principles or canons of taxation 20
Role of taxation in developing countries 31
Concept of depressed economy. 33
Characteristics of a depressed economy 33
Course of Economic depression 34
Taxation during depression 35
Taxation during inflation. 36
Taxation and the self employed 38
corporate tax and capital allowance during 39
Effects of taxation. 39
Economic effect of taxation 43
Effects of taxation on centralization and—
decentralization of office. 47
Chapter three
Research Design and methodology. 48
3.1 The population 48
The sample and sampling techniques 48
Method of data collection 48
Validity/ Reliability of Instrument 50
Proposed methods of data analysis. 51
Chapter Four
Data analysis and presentation 53
4.1 Analysis of data. 54
testing of Hypothesis and statement. 62
Chapter five
Summary, Conclusion and Recommendation 72
5.1 Summary of Results. 72
Findings 73
Conclusion 75
Recommendation 76
Bibliography. 80
CHAPTER ONE
INTRODUCTION
BACKGROUND OF THIS STUDY.
The study of taxation is part of the study of public Finance which is concerned with revenue and expenditure of the government how they are receiving and disbursed and the effects of these operation on the economy since the power to tax is also the power to regulate the economy by the government it can therefore related it or stimulate it.
In modern times therefore, taxation has a dual purchase of:
To realize fund or revenue for the state .
To achieve it’s social and economic objectives.
It will be seen from the trend of events in Nigeria today that the revenue gotten from taxation is an immense benefit to the economic development of Nigeria. If the country must develop, it must truly depend on it’s internally generated revenue rather than on external sources especially now that the country is too much in debt.