Effect Of Company Income Tax On Return On Investment (A Study Of Manufacturing Firms In Nigeria):- Onuoha favour N.
ABSTRACT
This
study examined the effect of company income tax on financial performance of
manufacturing firms in Nigeria, with consideration to the brewery industry, as
a result of its consistent growth record on the Nigeria stock exchange. The
study used secondary sources of data and expose facts as the research design.
Simple linear regression analysis was used in computing the ROI, ROE & ROA.
The study revealed that the level of company income tax has a significant
effect on the ROI, ROE & ROA. I conclude that the positive and significant
relation between the profitability and the taxation explanatory variables
indicates that policy measures to expand tax revenue through more effective tax
administration will impact positively on growing the company's profitability.
It is therefore recommended that manufacturing firms in Nigeria should
incorporate a corporate tax policy that uses debt financing because these will
enhance the profitability of the firms.
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ONUOHA, N (2024). Effect Of Company Income Tax On Return On Investment (A Study Of Manufacturing Firms In Nigeria):- Onuoha favour N.. Repository.mouau.edu.ng: Retrieved Nov 23, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-company-income-tax-on-return-on-investment-a-study-of-manufacturing-firms-in-nigeria-onuoha-favour-n-7-2
NGOZICHUKWU, ONUOHA. "Effect Of Company Income Tax On Return On Investment (A Study Of Manufacturing Firms In Nigeria):- Onuoha favour N." Repository.mouau.edu.ng. Repository.mouau.edu.ng, 26 Mar. 2024, https://repository.mouau.edu.ng/work/view/effect-of-company-income-tax-on-return-on-investment-a-study-of-manufacturing-firms-in-nigeria-onuoha-favour-n-7-2. Accessed 23 Nov. 2024.
NGOZICHUKWU, ONUOHA. "Effect Of Company Income Tax On Return On Investment (A Study Of Manufacturing Firms In Nigeria):- Onuoha favour N.". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 26 Mar. 2024. Web. 23 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-company-income-tax-on-return-on-investment-a-study-of-manufacturing-firms-in-nigeria-onuoha-favour-n-7-2 >.
NGOZICHUKWU, ONUOHA. "Effect Of Company Income Tax On Return On Investment (A Study Of Manufacturing Firms In Nigeria):- Onuoha favour N." Repository.mouau.edu.ng (2024). Accessed 23 Nov. 2024. https://repository.mouau.edu.ng/work/view/effect-of-company-income-tax-on-return-on-investment-a-study-of-manufacturing-firms-in-nigeria-onuoha-favour-n-7-2