Multiple Taxations in Nigeria; problems, causes, effects, possible solutions
Multiple Taxations in Nigeria All countries collect taxes from their citizens. Every income-earning adult is expected to pay tax. All income-generating ventures are expected to pay taxes.Information Guide…
Types and Penalty for Tax Evasion in Nigeria
The impact of tax evasion on government revenue cannot be overemphasized. In Nigeria, there are fines and penalties of taxation for defaulters. In this article, we will be…
Personal Income Tax Rate in Nigeria
To an average Nigerian, the term tax brings a lot to mind. First there is the memory of him dragooned into deducting a certain percentage of his frugal…
Prospects And Problems Of Tax Administration In Nigeria
Taxation is the process by which the government imposes charge son citizens and cooperate businesses. The charges collected by the government are used to fund different government projects…
10 Problems of VAT in Nigeria and Possible Solution
Value Added Tax (VAT), also known as Sales and Services Tax (GST), is the type of Tax that is based on collection, based on increase in value, relating…
10 Problems of Nigerian Tax System and Possible Solutions
What is Tax? According to Oxford Advanced Learner’s Dictionary, Tax is Money, paid, to the Government, used for Public services. People pay Tax, according to their Profits, and…
10 Problems of VAT Administration in Nigeria and Possible Solutions
VAT – Value Added Tax is a tax imposed on goods and services consumed. It is an indirect tax wherein the burden of the payment is borne by…
Causes of tax evasion in Nigeria and effects on the economy
Recent findings have revealed that the economy of Nigeria has not been stable, and as a result, the economy is not moving towards positive direction. Just like how…
7 effects of tax evasion on the Nigerian economy
The impacts of tax evasion and avoidance to the economy of Nigeria cannot be overemphasized. This effects of tax aversion and avoidance has been so severe in Nigeria, given…
Solutions to Tax Evasion and Avoidance in Nigeria
In any developed and growing society, the provision of basic infrastructure is of utmost important and necessary, that is why government normally show concern as to how it…