TH·E EFFECT OF VAT ADMINISTRATION OF REVENUE GENERATION AND ECONOMIC GROWTH IN NIGERIA (1994-2009). A CASE STUDY OF FEDERAL INLANDS REVENUE SERVICE.

GODSON IKECHI. MOUAU/05/383 | 59 pages (11897 words) | Projects
Accounting | Co Authors: OLEGHIBE

ABSTRACT

VAT is a form of consumption tax which taxes vales on consumption of goods and services. VAT taxes the value -added  to the existing value of the taxable  goods and services and it is consumption/income. Understanding  the study, we adopted the ordinary least  squares (OLS) methods  in  analysis  the  data we collected  from  FIRS office  Umuahia before  coming   to  this  analysis  we  thoroughly   investigated  existing interactive and lecture presentations on the topic-  VAT administration. The  findings  are  that:  Vat  administration  is  the  most  cost  effective revenue tax mechanism  or system operational  now,  and that,  the tax system  widens  the  gap  between  the  rich and the  poor,  the  poor get poorer and the  rich get  richer, if all that  is regenerated  in VAT tax is properly·  expended  there  will  be  a  remarkable  impact  in  economic growth.    These  distortion  measured  by standard  error  in  the analysis- 4742652 and 0.29522 portrays the fact that there are distortions-  political factors affecting roper distributing of income within the economy. On these findings,  we recommend:   That there should   be another  study to  know  if  VAT  is   administered   on  e-transactions-   e-commerce,  e• business,   that ways should be discovered   as to stop the distortion  that occurs in the course  expending the generated VAT revenues.    If these findings  and  recommendations   are adhered   to and well   implemented, there   will   be   a   considerable   improvement   in  the   effect   of  VAT administration  on revenue generation  and economic  growth in  Nigeria. 

 CHAPTER ONE
INTRODUCTION

CHAPTER TWO
.2.0      LITERATURE REVIEW
2.1      GENERAL OVERVIEW/HISTORY  QF VAT
2.2.     THEORETICAL  CONCEPTS   IN  VAT  ADMINISTRATION:

CHAPTER THREE RESEARCH METHODLOGY
3.1    INTRODUCTION:
3.2 Research   Design ... 30
3.3 Study  of Population    and  sample  size 31
·3.4 Procedure   for data   collection/research instrument.  .. 31
3.5 Validity    of the  Instrument 31
3.6        Reliability                                                                                                                          32
3. 7       Statistical     method  for data  presentation   testing  of hypothesis   and  data analysis    ..                                                                                                                                                         3

CHAPTER FOUR: PRESENTATIN  AND ANALYSIS OF DATA
4.1        Data  Presentation ...                                                                                            34
4.2       Testing of hypothesis  ...                                                                                      35
4.3       Discussion  on Findings                                                                                     36

CHAPTER FIVE:  SUMMARY  OF FINDINGS, RECOMMENDATIONS  AND CONCLUSION 
Summary of Findings ... 38
Conclusions ... 39
Recommendations   ... 39
Glossary  of term 40
Biblioqraphy/References
Appendix 1

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APA

GODSON, M (2020). TH·E EFFECT OF VAT ADMINISTRATION OF REVENUE GENERATION AND ECONOMIC GROWTH IN NIGERIA (1994-2009). A CASE STUDY OF FEDERAL INLANDS REVENUE SERVICE.. Repository.mouau.edu.ng: Retrieved Sep 19, 2024, from https://repository.mouau.edu.ng/work/view/th%C2%B7e-effect-of-vat-administration-of-revenue-generation-and-economic-growth-in-nigeria-1994-2009-a-case-study-of-federal-inlands-revenue-service

MLA 8th

MOUAU/05/383, GODSON. "TH·E EFFECT OF VAT ADMINISTRATION OF REVENUE GENERATION AND ECONOMIC GROWTH IN NIGERIA (1994-2009). A CASE STUDY OF FEDERAL INLANDS REVENUE SERVICE." Repository.mouau.edu.ng. Repository.mouau.edu.ng, 20 Mar. 2020, https://repository.mouau.edu.ng/work/view/th%C2%B7e-effect-of-vat-administration-of-revenue-generation-and-economic-growth-in-nigeria-1994-2009-a-case-study-of-federal-inlands-revenue-service. Accessed 19 Sep. 2024.

MLA7

MOUAU/05/383, GODSON. "TH·E EFFECT OF VAT ADMINISTRATION OF REVENUE GENERATION AND ECONOMIC GROWTH IN NIGERIA (1994-2009). A CASE STUDY OF FEDERAL INLANDS REVENUE SERVICE.". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 20 Mar. 2020. Web. 19 Sep. 2024. < https://repository.mouau.edu.ng/work/view/th%C2%B7e-effect-of-vat-administration-of-revenue-generation-and-economic-growth-in-nigeria-1994-2009-a-case-study-of-federal-inlands-revenue-service >.

Chicago

MOUAU/05/383, GODSON. "TH·E EFFECT OF VAT ADMINISTRATION OF REVENUE GENERATION AND ECONOMIC GROWTH IN NIGERIA (1994-2009). A CASE STUDY OF FEDERAL INLANDS REVENUE SERVICE." Repository.mouau.edu.ng (2020). Accessed 19 Sep. 2024. https://repository.mouau.edu.ng/work/view/th%C2%B7e-effect-of-vat-administration-of-revenue-generation-and-economic-growth-in-nigeria-1994-2009-a-case-study-of-federal-inlands-revenue-service

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