Download Tag: PETROLEUM PROFIT TAX

ABSTRACT The basic reasons for taxation in any economy cater on the need to raise revenue for economic and social development and to guide taxpayers behaviour.  Revenue from taxation accounts for over 80% of government earnings in Nigeria, hence special attention is often paid by tax experts, economists and the larger public on how such revenue is being disbursed by government among the various economic sectors that makes up the ...

1.0    BACKGROUND OF THE STUDY For the development and growth of any economy, the provision of basic infrastructure is quite necessary. Among these are the provisions of schools, hospitals, construction of roads, bridges, railway lines, airports, and seaports. Generally, the government is saddled with the responsibility of providing some basic infrastructures for her citizens. In lieu of this, the government of any society seeks sources of funds to maintain ...