Assessment Of The Impact Of Capital Gain Tax On Nigeria Economy (2006 - 2015):- Charles, Idongesit B.
ABSTRACT
This study investigated on the
impact ofcapital gain tax on Nigeria Economy. The objectives of the study are:
to ascertain the impact ofcapital gain tax on gross domestic product ofNigeria
and to examine the impact of capital gain tax on total revenue generation in
Nigeria. To achieve the objective ofthe study, ex postfacto research design
methodwas adopted. The researcher adopted secondary data in getting the
required information. It was sourcedfrom FIRS statistical bulletin and CBN statistical
bulletin. The data coveredfrom 2006-2015. In testing the hypothesis, simple .
regression analysis was used. The findings revealed that capital gain lax has a
significant impact on gross domestic product ofNigeria. The findingsfurther
revealed that capital gain tax has a significant impact on total revenue
generation in Nigeria. The researcher recommends that the economy of Nigeria
should be restructuredfor taxation to play a major source ofnon-oil revenue,
lax reforms should he made less complex and the level of corruption in the
management oftax revenue should be minimized to achieve the goals ofa good tax
system.
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CHARLES, B (2023). Assessment Of The Impact Of Capital Gain Tax On Nigeria Economy (2006 - 2015):- Charles, Idongesit B.. Repository.mouau.edu.ng: Retrieved Jul 27, 2024, from https://repository.mouau.edu.ng/work/view/assessment-of-the-impact-of-capital-gain-tax-on-nigeria-economy-2006-2015-charles-idongesit-b-7-2
BESTWILL, CHARLES. "Assessment Of The Impact Of Capital Gain Tax On Nigeria Economy (2006 - 2015):- Charles, Idongesit B." Repository.mouau.edu.ng. Repository.mouau.edu.ng, 21 Nov. 2023, https://repository.mouau.edu.ng/work/view/assessment-of-the-impact-of-capital-gain-tax-on-nigeria-economy-2006-2015-charles-idongesit-b-7-2. Accessed 27 Jul. 2024.
BESTWILL, CHARLES. "Assessment Of The Impact Of Capital Gain Tax On Nigeria Economy (2006 - 2015):- Charles, Idongesit B.". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 21 Nov. 2023. Web. 27 Jul. 2024. < https://repository.mouau.edu.ng/work/view/assessment-of-the-impact-of-capital-gain-tax-on-nigeria-economy-2006-2015-charles-idongesit-b-7-2 >.
BESTWILL, CHARLES. "Assessment Of The Impact Of Capital Gain Tax On Nigeria Economy (2006 - 2015):- Charles, Idongesit B." Repository.mouau.edu.ng (2023). Accessed 27 Jul. 2024. https://repository.mouau.edu.ng/work/view/assessment-of-the-impact-of-capital-gain-tax-on-nigeria-economy-2006-2015-charles-idongesit-b-7-2