A CRITICAL ANALYSIS OF INCOME TAX AS A SOURCE OF REVENUE IN NIGERIA A CASE STUDY OF SAPELE LOCAL GOVERNMENT AREA OF DELTA STATE

ABSTRACT

This study was undertaken to find out income tax as a source of government revenue in Nigeria with a case study of Sapele Local Government Area of Delta State. The subjects were tax officials selected as respondents from Delta State. The subjects were tax officials selected as respondent from Delta State Government tax officer of Sapele Local Government Area. Base on this strength, the table showing statistics value percentage. The result of findings revealed that the contribution of income tax i.e. PYT and CYT is still experiencing depression in growth. A number of factor as unemployment, poor fiscal policy, problem of equity were cited among others as reason for the even found in the result of the findings and at the end of the project, recommendations were made on the ground that effective and efficient implementation of taxation progressive should be made use for the problem of equity. Employment opportunity should be provided for the unemployed to raise the number of tax payer thereby increasing income tax and the government should make practicable concept for a good tax system.

TABLE OF CONTENTS
Title i
Approval ii
Dedication iii
Acknowledgement iv
Abstract v
Table of contents vi
Chapter One – Introduction
1.1 Background of the study 1
1.2 Statement of problem 2
1.3 Objective of the study 3
1.4 Research Question 4
1.5 Significance of the study 5
1.6 Scope of the Study 5
1.7 Limitation of the Study 6
Chapter Two – Literature review
2.1 introduction 8
2.2 The Purpose of Taxation 10
2.3 Reasons of Imposing Taxes 10
2.4 types of Taxes 10
2.5 Classification of Taxes 11
2.6 Cannons of Taxes 13
2.7 Characteristics of a Good Tax System 14
2.8 Who Pays Tax 15
2.9 Incidence of Taxation in Delta State 13
2.10 Benefits of Tax Payment 16
Chapter Three – Research methodology
3.1 Introduction 18
3.2 Research design 18
3.3 Population of the Student 18
3.4 Sampling Size 19
3.5 Sampling Techniques 19
3.6 Research Instrument 19
3.7 Validity of the Instrument 20
3.8 Reliability of the Instrument 20
3.9 Method of Data Collection 21
3.10 Method of Data Analysis 21
Chapter Four – Data Analysis and Interpretation
4.1 Introduction 23
4.2 Presentation and Analysis of Research Questionnaire/Hypothesis 23
Chapter Five – Summary conclusion and recommendation
5.0 Introduction 26
5.1 Summary of the research Findings 26
5.2 Conclusion 27
5.3 Recommendation 28
5.3 Suggestion for Further Study 29
References 30
Appendix I 31

Questionnaire 32