TAX INCENTIVE AS A TOOL FOR ECONOMIC GROWTH IN NIGERIA
ABSTRACT
This study examines Tax Incentive as a tool for economic growth in Nigeria. A case study of Federal Inland Revenue Service. The study discuss the life cycle of taxation in Nigeria. It covers all the types of tax incentive adopted by government to motivate tax payer respond favourably to their obligation.
The work is carried out with the aid of questionnaire, direct observation, interview and review of relevant texts on study. Forty (40) questionnaires were administered and thirty eighty (38) respondent returned their completed questionnaires. This gave a response rate of 95%
It is revealed through the data collected and observation that tax incentives do create purchasing power, saving, investment opportunities, increase profitability of a company and protect our local industries.
However, there is no enough enlighten campaign on tax incentive and it does not increase collection of taxes.
More so, Government should constitute a body to monitor tax incentive in the country
Finally, the study makes some recommendation that government should provide enough enlighten campaign, security to foreign investors, eradicate corruption in the country.
Terms of Use: This is an academic paper. Students should NOT copy our materials word to word, as we DO NOT encourage Plagiarism. Only use as a guide in developing your original research work. Thanks.
Disclaimer: All undertaking works, records, and reports posted on this website, eprojectguide.com are the property/copyright of their individual proprietors. They are for research reference/direction purposes and the works are publicly supported. Do not present another person’s work as your own to maintain a strategic distance from counterfeiting its results. Use it as a guide and not duplicate the work in exactly the same words (verbatim). eprojectguide.com is a vault of exploration works simply like academia.edu, researchgate.net, scribd.com, docsity.com, course hero, and numerous different stages where clients transfer works. The paid membership on eprojectguide.com is a method by which the site is kept up to help Open Education. In the event that you see your work posted here, and you need it to be eliminated/credited, it would be ideal if you call us on +2348064699975 or send us a mail along with the web address linked to the work, to eprojectguide@gmail.com. We will answer to and honor each solicitation. Kindly note notification it might take up to 24 – 48 hours to handle your solicitation.