TABLE OF CONTENTS
CHAPTER ONE
1.0 Introduction
1.1 Background to
the Study
1.2 Scope and
Limitation of the Study
1.3 Aims and
Objectives of the Study
1.4 Significance of
the Study
1.5 Definition of
Terms Used
1.7 organization of
the study
REFERENCES
CHAPTER TWO
2.0 Literature
Review
2.1 Meaning of
Taxation
2.2 Principle of
Taxation
2.3 Types of
Taxes
2.4 Indirect Taxes
2.5 The Purpose of
Taxation
2.6 Method of Tax
Improvement
2.7 Meaning of
Revenue
2.8 Sources of Revenue Generation for local
government
2.9 Types of Revenue in Local Government
Administrations
CHAPTER THREE
3.0 Research
Methodology
3.2 Sample and
Population of the Study
3.3 Sources of Data
3.4 Method of Data
Analysis
3.5 Research
Problems
CHAPTER FOUR
4.0 Interpretation
of Data and Analysis
4.1 Method for Tax Improvement in Asa Local
Government Area of Kwara State
4.2 Means of
Effectiveness of Tax Collection
4.3 Problem of
Taxation in Asa Local Government Area
CHAPTER FIVE
5.0 Summary,
Conclusions and Recommendations
5.1 Summary
5.2 Conclusions
5.3 Recommendations
CHAPTER ONE
1.0 INTRODUCTION
This paper
is written with the view to shed light on the taxation as a sources of revenue
generation in Asa Local Government and offers suggestion on how to improve the
source of the local government finance no matter how resources are open to any
government, it must be understood that wants can never be satisfied base on
their unlimitedness.
1.1 BACKGROUND TO THE STUDY
taxation as
a source of revenue generation with particular view of Asa Local Government
before now, it is fact that a lot of research has been carried out with regards
to the activities of the local government some many problems which are
connected with taxation and as a farm of revenue generation had been identified
and army recommendation have been offered in spite of this, this project
intends is it own small way to further identify the problem in Asa Local
Government and there offer suggestion as to the step to be taken to rectify
these problems and increase tax yield in this local government.
In attempt
to carry out this project work, this project briefly and explicitly touches
caries are of taxation. It is therefore divided into five chapter each dealing
with specific aspects of taxation and revenue generation either in general or
with a particular reference to the Asa Local Government.
Ackah Nyamik
E.E(1988) in his book stated that the success of any government, be it federal,
State, and Local depend extensively of the availability of financial resource
so fits disposals and the judicious use to which those resources are made from
the time immemorial, government imposes various forms of taxes, aimed of
raising enough to cover the cost of administration activities and defend.
Therefore is not unusual to some powerful kings to levy taxes on the inhabitant
of their area of administration frothier own purpose.
This
continue to exist until when later is was understood that certain services such
as maintain of law and order, defence against external aggressors, provision of
social amenities which could serve as a means of continuity to the communities,
who might be as the brink of collapse. In modern society therefore, it is the
duty of the government of any state to regulate certain activities of
individual of group that might prove hazardous or ingenious to the entire
effectively, there has to be a sound financial resources at the government
disposal the bulk of which could only be made a reality through taxation.
Eddy C.N
(1995) view that taxation is almost as old as the world it self. For instance,
in 1217, it was stated in magna certain Britain that no aid shall be imposed in
the Kingdom unless by the common council of the realm as early as 1799, income
tax was introduced as a temporary measure to last for a period of one years.
As a new
development project were increased, the government need to increase current
expenditure to (0100.01982;305-306) administer them as in the cases of
hospital, school road, maintenance among others. These for in Nigeria, every
high percentage of government revenue, comes from duties on import, exports,
post, tax e.t.c. taxation therefore, is not only an influence on the economy of
the country but also on important instrument of economic policies.
At the level
of local government have tremendous functions to performs in order to execute
these functions effectively, they must be able to raise necessary finance and
set their priorities in a way that will match their purpose to existences.
The financial resources available to the local government
should be determined the function and responsibilities it has to meet both of
which most totality with the purpose and individual structure of particular
local government area.
In order to
enhance the development role the government they were expected to prepare and
execute their development programmes as a means of strengthening the ability of
the local government to perform their functions, on taxation was introduced to
local level by (1976), poll tax has been the only uniform types of tax in the
whole country’s. This sources of revenue generation was one of the reliable and
independent sources to the council by statutory allocation tool over the
provision of resources based of the local government council in the country.
Resources
from poll tax started to reduce with the introduction to this statutory
allocation and as a result emphasis were laid on the introduction of rates
changes fees e.t.c compensate the devilling revenue from a poll tax, today,
property tax has been found to the most reliable and widest source of revenue
accruing to the local government to provide of the necessary services to the
people at the grass root.
1.2 SCOPE AND LIMITATION OF THE STUDY
The scope
and limitation of the study will be focused of taxation only, as a form of
revenue generation in Asa Local Government any others local government is not
my focus except Asa Local Government only.
1.3 AIMS AND OBJECTIVES OF THE STUDY
No
organization can boast of it existence if it can’t fulfilled the purpose for
which is being set up for. In fact no purpose can be achieved if there are no
means (resources) of their disposals to finance the project. Hence this paper
aims at addressing it self to taxation as a form of revenue generation in Asa
Local Government to achieve the purpose of its existence.
This
generation base on this study therefore is to collect data on taxation analysis
these data and provides an insights to the generation attitude of the people of
the local government towards the course of tax collection. The use of this
taxes is the area of well as offering recommendations how these problems will
be over come.
i To know the problem or constrain tax
collector encounter in Asa Local Government.
ii To provide
solution to the problems
iii To know the historical background of Asa
Local Government Area.
1.4 SIGNIFICANCE OF THE STUDY
There are
three tiers of government in Nigeria, Federal, State and Local level of these
three the local government are less funded and are finding it difficult to
fulfilled their financial obligation so the main sources of generation founds
and maintain the local government resources the funds are generation through
tax collections from district or ward in the local government so the tax
collection help to improved function of the local government in Nigeria.
1.5 DEFINITION OF TERMS USED
In taxation
may definitions and terms are used they are as follows:
a. Assessment:
This is the act of fixing the value of property, the amount of income for the
purpose of taxation.
b. Income:
This is a return in monetary term received during a given period of time either
on salary or receipt from traders or interest from investment. Spicer and
Pegilers (1970)
c. Tax
Authority: This is a groups of person or a person empowered by law of a
state to impose various types of taxes as the resident of the state for
effectiveness of administration.
d. Tax
Avoidance: This is a method by which a tax payers reduced his tax liability
by a lawful means, this lawfulness arise as a result of geneuness and approval
of tax reliefs given by a tax authority to the tax payers with a given period.
e. Tax
Base: This is the objective upon which tax is paid this may include salary
of an employees a profit of a business profession or vacation property of a
person or company or interest on investment.
f. Tax
Exertion: This is a illegal act of not declaring all or part of a person or
business income to the authority for tax assessment purpose. It is an omission
or understatement of ones tax liability.
1.7 ORGANIZATION OF THE STUDY
For better
understanding of this work, the project is divided into five chapters.
Chapter One: This is an introductory chapter in which the origin and
meaning of taxation is given it also deals with the aims of the writer in
choosing this topic. It also explain the method adopted in gathering
information as well as defining some common terms used in taxation
Chapter Two: This chapter gives
the literature review of the topic taxation and revenue generation. It examines
the generate principle of taxation in Nigeria.
Chapter Three: This chapter deals
with the research methodology
Chapter Four: This chapter tries to examine the problems which were
confronting or militating against the success of taxation in Asa Local
government Area wither as a result of attitude of some people, machinery for
its collection technical knowledge on the revenue generation.
Chapter Five: In spite of these problems affecting taxation in this
local government. It is never without a prospect this chapter therefore
discussed this prospect in relation to property rate, motor park fees all well
as development and taxes.
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