Pregledni rad
THE IMPACT OF TAX REFORMS ON GOVERNMENT REVENUE GENERATION IN NIGERIA
Ayuba A. Aminu
; University of Maiduguri, Department of Business Management, Nigeria
Desmond I. Eluwa
; University of Maiduguri, Department of Accountancy, Nigeria
Sažetak
The study examines the impact of Tax Reform Policy on Revenue generation of the Federal Government
of Nigeria. The primary objective of this paper is to prepare a case study on tax policy reforms in Nigeria,
with the specific objectives of examining the main tax reforms in the country, highlighting tax revenue
profile and contributions of the three categories of taxes identified as personal, company and custom
duties to the total revenue collection. The techniques of data analysis adopted for the empirical study
were the Analysis of Variance Method and the Scheffe’s Multiple Comparison techniques. In addition,
the ‘F’ test of the analysis of the variance was used to test the hypothesis of no significant difference in
the impact on personal, company and custom duty tax revenues of the Federal Government by each of
the following tax reform policy objectives; enhancement of the principles of good tax system,
improvement in the tax administrative structure, removal of disincentives to tax compliance and
promotion of investment opportunities. From the results, it was concluded that each of the tax reform
policy objectives had significant impacts on the personal, company and custom duty tax revenues of the
federal government of Nigeria. Scheffe’s comparison test confirmed that tax revenues from both
company and custom duty exceeded personal income tax. It was recommended that for improved tax
revenue generation from pursuit of tax reform policy objectives, the training and employment of
qualified tax personnel who will be adequately equipped with appropriate materials is necessary.
Furthermore, the adoption of strategies for an effective and efficient tax reform alongside with
harmonization of government industrial and stabilization polices with those of tax reforms.
Ključne riječi
Revenue; Tax; Tax instruments and Administration; Tax reform
Hrčak ID:
128519
URI
Datum izdavanja:
1.3.2014.
Posjeta: 3.450 *