Translate this page

taxation as the significant tool for economic development (the st...

TAXATION AS THE SIGNIFICANT TOOL FOR ECONOMIC DEVELOPMENT (THE STUDY OF INTERNAL REVENUE SERVICE, UYO)



This research project material is available: TAXATION AS THE SIGNIFICANT TOOL FOR ECONOMIC DEVELOPMENT (THE STUDY OF INTERNAL REVENUE SERVICE, UYO)



Download Complete Research Project Material on TAXATION AS THE SIGNIFICANT TOOL FOR ECONOMIC DEVELOPMENT (THE STUDY OF INTERNAL REVENUE SERVICE, UYO)



Project Category:
Type: Project Topics | Project Topics and Materials | List of Project Topics | Research Project Materials | Journals | Thesis | Articles | Online Project Materials | Business Plan | Final year project topic| Format: Ms Word| Attribute: Documentation Only| Pages: 56 Pages| Chapters: Complete Research work from Chapter 1 to 5; All chapters | Price: ₦ 5,000.00



Call or whatsapp: +2347063298784 or email: allprojectmaterials.com

Download Post (MsWord)


Download Post (PDF)


Download complete Chapters



TAXATION AS THE SIGNIFICANT TOOL FOR ECONOMIC DEVELOPMENT (THE STUDY OF INTERNAL REVENUE SERVICE, UYO)



CHAPTER ONE

INTRODUCTION

  • BACKGROUND OF THE STUDY

Taxation is an important tool to meet the needs of the people of resource producing state. It is a major national issue in most countries and is often problematic in its imposition, administration and usages. It’s nature contrast with its obvious benefits to society.

The introduction of taxation could be traced back to ancient days when kings levied their subject to provide for the benefit of the people.

In Nigeria, the imposition of tax is traced right from the colonial government when Lord Fredrick Lugard introduced tax to people in order to generate revenue to run his administration. It is reported that   his policy of taxation was not accepted by the citizens and these subsequently led to riot in 1929.

Government, though its agent have come to play the larger role in controlling our national economy. She has to

Consider the aspect in which taxes helps in achieving her economic goals.

Taxation has been introduced to enable the government generate revenue to implement certain function for the citizens of the country. This functions of taxation in Nigeria include wealth redistribution, economic growth, employment generation, price stability and etc.

Taxation in ancient period and in present time has been used to bring improvement in finance of the country. The tax collected has been used as revenue to the government.

Also, taxation has helped to discourage the consumption of certain goods and service. It helped to bring government planning into implementation because it generate revenue, allow for investment in certain areas, like foreign goods and encourage agriculture and industries. Consequently, for some infant industries, there is a period of tax holiday which could last for five years to enable such industries or company nature

  • HISTORICAL BACKGROUND OF THE STUDY

Historically, internal revenue service was a department of ministry of Finance before the civil war in 1960. It was called as at then ”Revenue Department”, after the civil war in 1970, the name was changed to South Eastern State Board of Internal Revenue Service, according to South Eastern State Edict No.8 of 1969. The South Eastern State was changed to Cross River state Law Cap. 45. This gave birth to the state Board of Internal Revenue Services, the legal backing to administer personal income tax.

But on creation of Akwa Ibom State but in 1987, the State established its own Board of internal Revenue Service from the Cross River State Cap 45 as applicable here in. this law prevailed until the promulgation of personal income tax decree 104 of 1993 (Now Act 104, 1993). The functions were collection of pay As you Earn Tax (PAYA).

Direct Assessment Tax, collection of Tax example: pool betting, fines, registration and renewed of motor vehicle licenses, driver’s licenses, sales of badges and plate numbers, collection of other taxes and revenue that belongs to the State.

Citation - Reference

All Project Materials Inc. (2020). TAXATION AS THE SIGNIFICANT TOOL FOR ECONOMIC DEVELOPMENT (THE STUDY OF INTERNAL REVENUE SERVICE, UYO). Available at: https://researchcub.info/department/paper-7404.html. [Accessed: ].

TAXATION AS THE SIGNIFICANT TOOL FOR ECONOMIC DEVELOPMENT (THE STUDY OF INTERNAL REVENUE SERVICE, UYO)


Delivery Assurance: This Project material is delivered within 15-30 Minutes. Click below to download complete material.


Download Complete Project Material

Call: +2347063298784

Hire a Writer

Department

Search Word Tags:


A Review on taxation as the significant tool for economic development (the study of internal revenue service, uyo), project, material, taxation, research journals and thesis, researchcub.info, accounting project topics.
Taxation is an important tool to meet the needs of the people of resource producing state. It is a major national issue in most countries and is often problematic in its imposition, administration and usages. It’s nature contrast with its obvious benefits to society. The introduction of taxation could be traced back to ancient days when kings levied their subject to provide for the benefit of the people. In Nigeria, the imposition of tax is traced right from the colonial government when Lord Fredrick Lugard introduced tax to people in order to generate revenue to run his administration. It is reported that his policy of taxation was not accepted by the citizens and these subsequently led to riot in 1929. Government, though its agent have come to play the larger role in controlling our national economy. She has to Consider the aspect in which taxes helps in achieving her economic goals. Taxation has been introduced to enable the government generate revenue to implement certain function for the citizens of the country. This functions of taxation in Nigeria include wealth redistribution, economic growth, employment generation, price stability and etc. Taxation in ancient period and in present time has been used to bring improvement in finance of the country. The tax collected has been used as revenue to the government. Also, taxation has helped to discourage the consumption of certain goods and service. It helped to bring government planning into implementation because .. Click here for more

TAXATION AS THE SIGNIFICANT TOOL FOR ECONOMIC DEVELOPMENT (THE STUDY OF INTERNAL REVENUE SERVICE, UYO) - Research Journals and Thesis - Researchcub.info

Excellent and Professional research project topics, ideas and materials Website - researchcub.info

Undergraduate Project Topics, economics project topics, marketing project topics, business administration project topics, engineering project topics, computer science project topics, banking & finance project topics, education project topics, law project topics, sciences project topics, public administration project topics, political science project topics, mathematics project topics, medical science project topics, mass communication project topics, research projects, geology project topics, marketing project topics, agriculture project topics, Browse Thousands of Final Year Project Topics, hire a writer, Research Works and Materials, Project topics and materials in Nigeria, Undergraduate Project Topics, Research Works and Materials, research topics, research project materials, complete project materials, computer science project material, free project topics, complete projects, accounting topics, small business topics, entrepreneurship topics, project materials, Nigerian undergraduate projects, business administration projects, computer science topics and projects, MBA Nigerian project topics, human resources, small businesses, entrepreneurship projects, economics projects, impacts projects, effect projects, university projects, polytechnic projects, investigate projects, political science projects, mass communication projects, project topics, human resource projects, education projects, French topics, project analysis, French projects, project tips, project abstract, project proposals, project bibliography, project reference, project seminar, forex, TSA, treasury single account, currency, naira, devaluation, undergraduate projects, final project research, marketing project topics, statistics project topics, mathematics project topics, statistics, mathematics, research projects, project thesis, labour force theses, NCE, OND, HND, BTECH, BSC, MBA, MSC, English projects, linguistic project topics, Free Project topics and materials in Nigeria, research topics, reseach project materials, computer science project material, free, complete, accounting topics, small business topics, materials, nigeria projects, business administration projects, computer science topics and projects, MBA nigeria project topics, human resources, small business, entrepreneurship projects, economics projects, impact projects, effects projects, training, budgets, ghana, university, polytechnic, browse Free project materials and topics in Nigeria, accounting and finance project materials, business administration project materials and topics, human resources, entrepreneurship, computer science and engineering project materials and topics, Accounting project topics, Accounting project topics and materials, Agricultural Economics Project Topics and Materials, Agricultural Science Projects topics and materials, All Project topics and materials, Architecture Project topics and materials, Aviation project topics and materials, Banking & Finance Projects topics and materials, Biology project and materials, Building project topics and materials, Business Administration & Management Projects topics and materials, Chemical Engineering Project Topics and materials, Civil Engineering Projects topics and materials, Communication & mass communication art project topics and materials, Computer Engineering Project Topics and materials, Computer Science Projects topics and materials, Criminology project topics and materials, Economics Research Projects topics and materials, Education Project Topics and Materials, Electrical Engineering Projects and materials, English Education & English Language Project topics and materials, Food Science project topics and materials, Geology Project Topics and materials, Guidance Counseling Project Topics and materials, History project topics and materials, Home Economics Project Topics and Materials, Human Resource Projects topics and Materials, Industrial Chemistry Projects topics and materials, Insurance Projects topics and materials, Law project topics and materials, Library and information science project topics and materials, Marine and Transport management project topics and materials, Marketing Projects topics and materials, Mathematics project topics and materials, Medical Sciences Project Topics and materials, Microbiology project topics and materials, Nursing and Midwifery project topics, Nursing and Midwifery project topics and materials, Optometry or nursing project topics and materials, Petroleum Engineering project topics and materials, Pharmacy project topics and materials, Philosophy project topics and materials, Photography project topics and materials, Physical and Health Education project topics and materials, Physiology project topics and materials, Political science project topics and materials, Project topics and materials, Psychology project topics and materials, Random project, Religious and Cultural Studies Project Topics and Materials, Sociology and Anthropology Project topics and materials, Sociology Project Topics and materials, Tourism project topics and materials, Vocational education project topics and materials TAXATION AS THE SIGNIFICANT TOOL FOR ECONOMIC DEVELOPMENT (THE STUDY OF INTERNAL REVENUE SERVICE, UYO)-project- material- taxation- Research Journals and Thesis | Researchcub.info