Effect Of Value Added Tax On The Economic Growth Of Nigeria (2008-2017):- Nwankwo, Ikechukwu K
ABSTRACT
This
study focuses on the effect of valued added tax on the economic growth of
Nigeria (2006-2015). The specific objectives where to determine the effect of
value added tax on the real gross domestic product of Nigeria and also to
evaluate the effect ofvalue added tax on total revenue ofNigeria. The data was
collectedfrom secondary sources using ex-postfacto research design. The data
was then analyse and tested using simple regression and correlation coefficient
techniques. The result ofthe hypothesis one revealed that VAT has a significant
effect on real gross domestic product. The findings in hypotheses two revealed
that VAT has a significant effect on total tax revenue of Nigeria. It is
recommended that Government should intensify its efforts to capture all taxable
persons and business which are submerged in the informal economy. They should
also use tax payer’s money to provide infrastructural amenities as this will
encourage people to pay their tax.
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IKECHUKWU, K (2024). Effect Of Value Added Tax On The Economic Growth Of Nigeria (2008-2017):- Nwankwo, Ikechukwu K. Repository.mouau.edu.ng: Retrieved Nov 23, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-value-added-tax-on-the-economic-growth-of-nigeria-2008-2017-nwankwo-ikechukwu-k-7-2
KELVIN, IKECHUKWU. "Effect Of Value Added Tax On The Economic Growth Of Nigeria (2008-2017):- Nwankwo, Ikechukwu K" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 09 Jul. 2024, https://repository.mouau.edu.ng/work/view/effect-of-value-added-tax-on-the-economic-growth-of-nigeria-2008-2017-nwankwo-ikechukwu-k-7-2. Accessed 23 Nov. 2024.
KELVIN, IKECHUKWU. "Effect Of Value Added Tax On The Economic Growth Of Nigeria (2008-2017):- Nwankwo, Ikechukwu K". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 09 Jul. 2024. Web. 23 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-value-added-tax-on-the-economic-growth-of-nigeria-2008-2017-nwankwo-ikechukwu-k-7-2 >.
KELVIN, IKECHUKWU. "Effect Of Value Added Tax On The Economic Growth Of Nigeria (2008-2017):- Nwankwo, Ikechukwu K" Repository.mouau.edu.ng (2024). Accessed 23 Nov. 2024. https://repository.mouau.edu.ng/work/view/effect-of-value-added-tax-on-the-economic-growth-of-nigeria-2008-2017-nwankwo-ikechukwu-k-7-2