Download Tag: TAX AVOIDANCE


EFFECT OF TAX EVASION AND TAX AVOIDANCE ON ECONOMIC DEVELOPMENT

CHAPTER ONE INTRODUCTION   1.0 BACKGROUND TO THE STUDY Tax is of phenomenal importance to the government because it is its main source of revenue. Government expenditure is a major component of the Keynesian model of income determination and it serves as an injection into the economy’s model of income determination. The subSaharan Africa region faces a number of issues as a result of the global economic slump.With oil and commodity prices plummeting, subSaharan African economies must rethink their investment and business regulation policies, fearing that the decade of strong growth may be coming to an end. Nigerian finance experts and tax stakeholders have commented that the predicted budget deficits are unsustainable and that the federal government has to address the budget gap through reduced spending and/or increased income as a result of falling earnings from worldwide crude oil sales. One strategy for the Nigerian government to raise tax revenue is to cut down on tax evasion. As a result, developing policies and measures to combat tax evasion has become a top concern for ...

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PRACTICE OF ACCOUNTING FIRMS IN TAX AVOIDANCE: THE NIGERIAN EXPERIENCE

Abstract This research work examines the strategies and practice of accounting firms in tax avoidance (the Nigerian experience) and also why businessmen avoid tax payments, to what use is taxation to investors and business and how taxation weaken companies financially. The sample size for the study to select the respondents, (120) questionnaires were designed and administered while (100) were returned. The researcher used simple percentage (%) and chi-square (X2) analyze ...

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THE IMPACT OF TAX EVASION AND TAX AVOIDANCE IN NIGERIA ECONOMY

CHAPTER ONE 1.1            HISTORY OF DEVELOPMENT In Nigeria their so many form of taxation dating back of the days of our great ground father whose by communities dated themselves through communal labour to prosecute community projects. Taxation is process on machinery by which group or communities made contribution from their income in some agree amount and method for the purpose providing amentias for the society.  It is because of this it I ...

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PRACTICES OF ACCOUNTING FIRMS IN TAX AVOIDANCE

ABSTRACT This research work examines the strategies and practice of accounting firms in tax avoidance (the Nigerian experience) and also why businessmen avoid tax payments, to what use is taxation to investors and business and how taxation weaken companies financially. The sample size for the study to select the respondents, (120) questionnaires were designed and administered while (100) were returned. The researcher used simple percentage (%) and chi-square (X2) analyze ...

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EFFECT OF TAX EVASION AND TAX AVOIDANCE ON ECONOMIC DEVELOPMENT

CHAPTER ONE INTRODUCTION BACKGROUND TO THE STUDY Fiscal policy measures in Africa have been largely driven by the need to promote such macroeconomic objectives as raising revenue to finance rapid economic growth of their economies, generating employment, maintaining price level and exchange rates stability and balance of payments equilibrium. To achieve these objectives one of the ways of dealing with taxation problems is to deal with harmful tax practices. The ...

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