Download Tag: VALUE ADDED TAX (VAT)

 Abstract: Taxation in Nigeria, has given rise to several problems that has threaten the profitability of many companies in Nigeria. Among this problems include trained personnel, corruption, lack of tax management and poor implemented policies. The population covers the entire United Cement Company of Nigeria Limited – Cross River State. Samples of 222 persons were selected, the research uses a descriptive research design. The instrument used for data collection was ...

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND TO STUDY Value added tax is a concept in Nigeria introduction in January 1994.It antecedent contract to 1987 when structural adjustment programme was introduced in the country. The architects of (SAP) which include the world bank and international monetary fund (IMF) had advised on total review of tax system in the country as a panacea for economic recovery.   The federal military government responded by setting ...

ABSTRACT The objective of this research work is to analyze the impact of value added Tax (VAT) using Federal Inland Revenue Service as a study. The objective of this study include the following: to determine whether there is significant relationship between valued added tax and the Federal generated revenue; to determine the impact of value added tax on prices of goods and services. The research methodology involves survey method of sample size of 52 and use of questionnaire with chi-square to test the hypothesis which led to the following findings; ...

ABSTRACT The study highlighted to evaluate the effect of value-added tax (VAT) on consumer’s standard of living, a study of the Uyo VAT office. Based on the research problem, it is noted that Vat affects consumer’s standard of living in response to the consumption of goods and services. The population of the study consists of twenty-five (25) workers of Vat Office Uyo. The sample size is 24 which means that ...

ABSTRACT Value Added Tax (VAT) is a consumption tax on the value added to a product in the process of production. Like all other indirect taxes, it is a tax that targets the final consumer of goods and services. The main purpose of VAT in Nigeria is to increase government (state and Local) revenue from the non-oil sector thereby reducing the government’s dependence on oil sales and the budget deficits. ...