ABSTRACT
This study was designed to examine the topic: Reducing Incidence of Tax Evasion through Transparent use of Tax Funds in Nigeria. The study was segmented into five chapters. The population of this study consisted of the entire staff of Ikot Ekpene Local Government Council (Revenue unit). Fifteen respondents were selected as the sample size of this study using convenience sampling technique. The data collected were arranged in tables and analyzed using simple percentages. Based on the analysis, the study revealed that transparent use of tax funds helps in reducing incidence of tax evasion that funds generated through taxation assist government in prompt payment of civil servants salaries and provision of basic infrastructural facilities. The study concluded that transparent use of tax funds in the provision of development projects will reduce incidence of tax evasion, encourage prompt tax payment and contributes positively to economic development of Akwa Ibom State. The study recommended that transparent use of tax funds in development projects, regular training and development of tax officers and sanctioning of those that are guilty of tax evasion and avoidance will go a long way in reducing tax evasion in Akwa Ibom State and Nigeria in general.
TABLE OF CONTENTS
CONTENTS PAGE
Title Page – – – – – – – – – i
Certification – – – – – – – – ii
Dedication – – – – – – – – – iii
Acknowledgment – – – – – – – iv
Abstract – – – – – – – – – v
Table of Contents – – – – – – – vi-viii
List of Tables – – – – – – – – ix
CHAPTER ONE
1.0 INTRODUCTION
1.1 Background of the Study – – – – – 1-3
1.2 Statement of the Problem – – – – 4
1.3 Objective of the Study – – – – – 5
1.4 Research Questions – – – – – – 5
1.5 Significance of the Study — – – – 5-6
1.6 Scope and Limitations of the Study – – 6-7
1.7 Organization of the Study – – – – 7-8
1.8 Definition of Terms – – – – – – 9-10
CHAPTER TWO
2.0 REVIEW OF RELATED LITERATURE
2.1 Introduction – – – – – – – – 11
2.2 Concept of Meaning of Taxation – – – 11-13
2.3 Types of Tax – – – – – – – 13-15
2.4 Impact of Transparent Tax Fund Administration
on Economic Development in Nigeria – – 16-18
2.5 Issues of Tax Evasion on Tax Authority – – 18-20
2.6 Reducing Incidence of Tax Evasion through the
Use of Transparent Tax Fund – – – – 20-23
2.7 Objectives of Taxation – – – – – 23-26
2.8 Problems of Tax Collection in Nigeria – – 26-28
End Notes
CHAPTER THREE
3.0 RESEARCH METHODOLOGY
3.1 Introduction – – – – – – – 30
3.1.1Research Questions – – – – – 30
3.2 Design of the Study – – – – – 31
3.3 Area of the Study – – – – – – 31
3.4 Population of the Study – – – – – 31
3.5 Sample and Sampling Technique – – – 32
3.6 Instrument for Data Collection – – – 32-33
3.7 Data Analysis Techniques – – – – 33
CHAPTER FOUR
4.0 DATA PRESENTATION, ANALYSIS AND INTERPRETATION
4.1 Introduction – – – – – – – 34
4.2 Research Question I – – – – – – 34-36
4.3 Research Question II – – – – – 36-38
4.4 Research Question III – – – – – 38-40
CHAPTER FIVE
5.0 FINDINGS, CONCLUSION AND RECOMMENDATIONS
5.1 Introduction – – – – – – – 41-42
5.2 Findings – – – – – – – – 42-43
5.3 Conclusion – – – – – – – 43-45
5.4 Recommendations – – – – – – 45-46
REFERENCES
APPENDIX
CHAPTER ONE
INTRODUCTION
- BACKGROUND OF THE STUDY
Taxation is as old as the system of government, is has been in operation from the time immemorial. Taxation has its divine origin from the Holy Bible when God told Moses that he should tell everybody that participate in the census to pay the required amount of money weight according to official standard and it become compulsory contribution or levy imposed by a public authority in respect of the exact amount of service rendered to tax payer in return
Taxation in Nigeria was consistently operated from the date of independence in 1960. Taxation was not alien to Nigeria as it has been a source by which government provides the people with facilities such as road, pipe-borne water, electricity and security etc.