ABSTRACT
The study examined the effect of tax efficiency on revenue generation in the Nigerian economy. Secondary data gotten from the quarterly economic report of the Central Bank of Nigeria was explored in gathering data while simple regression analysis was employed for data analysis to test the hypotheses. Furthermore, correlation analysis was applied in the assessment of the relationship between the non-oil tax revenue sources and federally collected revenue. Descriptive statistics was also adopted. Findings of this study therefore provide perception into the effect of tax revenue and federal government tax generation on government revenue. It further provided perception as to the extent to which each of the independent variables affects the dependent variable through the graphical corroboration and also provides an affirmation of the extent to which the variations in the dependent variable are caused by the independent variables covered in the models as depicted by the R
and adjusted R
. The study concludes that the value added tax, company income tax and custom and excise duties has no significant relationship with the federally collected revenue. KEYWORDS: Value Added Tax, Company Income Tax, Custom and Excise Duties.
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TABLE OF CONTENTS
Contents DECLARATION ..................................................................................................................................................... ii CERTIFICATION ................................................................................................................................................... iii DEDICATION ....................................................................................................................................................... iv ACKNOLEDGEMENTS ........................................................................................................................................... v ABSTRACT ...........................................................................................................................................................vii Table of Content................................................................................................................................................ viii
CHAPTER ONE ..................................................................................................................................................... 1
INTRODUCTION ................................................................................................................................................... 1 1.1 Background of the Study ........................................................................................................................... 1 1.2 Statement of Problem ............................................................................................................................... 4 1.3 Objective of the Study ............................................................................................................................... 6 1.4 Research Questions ................................................................................................................................... 6 1.5 Research Hypotheses ................................................................................................................................ 7 1.6 Significance of the Study ........................................................................................................................... 7 1.7 Scope of the Study .................................................................................................................................... 7 1.8 Operational Definition of Terms ............................................................................................................... 8
