research work aims to access the appraisal of Nigeria taxation: its aim,
objectives and contribution to the economy using a case study of Federal Board of
Inland Revenue Ilorin Kwara State.
appraisal of the Nigeria
taxation is one of the major source of government revenue as a means of
financing government activity for the benefit of the citizen of the country.
chapter one, the introduction of the study, background of the study, statement
of the problem, objective of the study, scope and limitation of the study,
significance of the study, the study plan organization and definition of terms
were explicitly analysis.
two deals with the literature review, while chapters three discuss the research
chapter four deals with presentation and analyses were also looked to.
chapter five deals with the summary, conclusion and recommendation in the
appraisal of Nigeria
taxation: its aim, objectives and contribution to the economy.
of the study
of the study
of the study
and limitation of the study
of the study
and organization of the study
of the study
of tax and their classification
and the Nigeria
2.5 Tax structure
why government levy tax
of taxation to Nigeria
brief outline of the chapter
of the research question and hypothesis
of the study population
of the research work
and analysis of data
brief introduction of the chapter
and analysis of data according to research question
and analysis of data according to tests of hypothesis
of other data
conclusion and recommendation
for further study
of chapter five
attempts have been made to offer a comprehensive definition of tax or what
taxation really means this individual have come up with different definition of
tax, which have the same meaning.
to the encycolopedia Britannia it said, tax is the compulsory levy that is
designate for a special purpose. It is regarded as a contribution to the
general revenue pool from which most government expenditure are financed.
W. Peurce in the Macmillan dictionary of modern economic gave this definition also,
tax is the transfer of resources from the private to the public sector in order
to accomplish some of the nation economic and social goals. It is a compulsory
levy by the government of the country through an approval agent usually the Federal
Board of Inland Revenue (FBIR) against the income or wealth of partnership,
company or individuals.
1.1 BACKGROUND OF THE STUDY
are the most important source of the government revenue and the major means of
financing government activities for the benefit of the citizen of different countries.
Tax play a relative minor role in the ancient word for instance, consumption
wee levied on Greece and Rome.
not worth tax were confirmed to real property but they were later extended to
other element of net worth. Taxes are used as a means of raising additional
fund. In time of war, taxes of net worth are usually temporarily imposed. Real
estate transactions were also taxed. In Greece,
free citizen had different tax obligation from slaves and in Rome the tax law differs between national and
residents of conquered territories.
come unto existence at different data at various part of the world. In Nigeria
it was in 1904, in the early days government impose tax on raise revenue only
to cover the cost of administration and defense such as the maintenance of low
and other home, takes are no longer imposed merely to cover unavoidable cost of
service provided by the state.
OF THE PROBLEM
research work is based on the appraisal of Nigeria taxation, its aim objective
and contribution to the economy. There are many problems militating against the
aims and objectives of tax there by hindering its positive contribution to the
the following problem will be examined in this research so as to appraise the Nigeria
Lack of information on the research for tax
There are no enough qualified staff for the tax
collection to carry out the tax drive in order to generate revenue
Many limited liability company’s are difficu1lt
if not impossible to be assessed because of improper books of accounts
Mismanagement of government find by those at
the corridors of power kills the enthusiasm of the citizens to fulfill their
circle responsibility of paying tax,
Inadequate provision of social amenities for
which tax revenue is supposed to be means for.
1.3 OBJECTIVES OF THE STUDY
objectives of Nigeria
taxation try to point out what the Nigeria tax system stands to
achieve. The principal objective is to raise revenue to finance government expenditure.
This is still the primary objectives, but since 1940, government has also used
different level of taxation as an important way of influencing the activities
of economy as a whole.
policy provides a mechanism for customers demand for providing incentive for
production, investment and savings.
is thus, a way factor of promoting the government over all economics and social
objective for objective.
example, taxation is used nowadays to achieve economic growth to fight
depression, inflation and deflation to achieve equitable distribution of income
and wealth of the nation. Also to allocate revenue in socially desirable manner,
to discourage the consumption of certain within the country and to ensure that
the balances of payment of the country is in a healthy position.
1.4 SCOPE AND LIMITATION OF THE STUDY
focus of this research project is to cover the Federal Board of Inland Revenue (FBIR)
office and will be limited to it. There is the problem of non availability of
adequate and reliable information and statistical data for the study. Some of
the official and staff of Federal Board of Inland Revenue claimed that they had
no time to answer questions while some hide under the pretext of not wanting to
release official document.
the unwillingness to allow me have access to some of their records the stamp
duty and capital gain collection were not available.
major element is limitation of the time constraints and finance which are also
vital elements in any research project inspite of the above the researcher have
endeavoured to provide a good research work.
1.5 SIGNIFICANCE OF THE STUDY
study is important to the general public and government, it will educate people
more about the importance of taxation to the economy i.e. since 60% of
government revenue is from the resource available in the country while the
remaining percentage is from taxation for development and provision of
infrastructure and as such government should encourage people to pay their
taxes accordingly. It will contribute to one’s knowledge as to the problem
faced in collecting taxes and possible ways out of such shorts comings.
1.6 THE STUDY PLAN AND ORGANIZATION
project work is dedicated into five chapters, starting with chapter one, is an
introduction to the study while chapter two treats the literature review.
Chapter three explain the research findings and methodology, chapter four deals
with data analysis and interpretation and last chapter takes a look at the
summary, recommendation and conclusion of the research work.
1.7 DEFINITION OF TERMS
according to K.A Ishola (2002) define tax as a compulsory levy imposed by a
public authority in incomes, consumption and production of good and services.
could be defined as “A charge levied by government whot against the income or
wealth of a person, national or corporate for the economic benefit of all.
Base: Is the object which tax is been tax on.
Rate: This is the amount which is been pay on the object which is tax.
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