https://www.finalyearproject.xyz/2020/03/the-impact-of-tax-as-source-of-revenue.html

TABLE OF CONTENT
TITLE PAGE
CERTIFICATION DEDICATION
ACKNOWLEDGEMENT
TABLE OF CONTENT
CHAPTER ONE
1.0 INTRODUCTION
1.1 DEFINITION OF TAXATION
1.2 CHARACTERISTICS OF A TAX
1.3 TYPES OF TAX
1.4 MERITS OF DIRECT AND INDIRECT TAXES
1.5 DEMERITS OF DIRECT AND INDIRECT TAXES

CHAPTER TWO
2.1 PERSONAL INCLOME TAX
2.2 TAXABLE PERSONS
2.3 SOURCES OF INCOME
2.4 CLASSIFICATION OF INLCOME
2.5 TAXABLE INCOME FROM EMPLOYEMENT
2.6 NON-TAXABLE INCOME FROM EMPLOYMENT
2.7 DIVIDED EXEMPTED FROM TAX
2.8 INCOME FROM RENT
2.9 PERSON RELIEFS AND ALLOWANCES
2.10 TAX RATES
2.11 COMPANY INCOME TAX
2.12 CAPITAL GAIN TAX
2.13 PETROLEUM PROFIT TAX
2.14 EXCISE DUTIES
2.15 IMPORT DUTIES
2.16 VALUE ADDED TAX

CHAPTER THREE
3.1 THE ADEQUACY OF INCOME AS TAX BASE
3.2 IMPACT OF TAX AS A SOURCE OF REVENUE

CHAPTER FOUR
4.1 PROBLEMS FACING TAXATION SYSTEM IN NIGERIA
4.2 THERE ARE SOME OTHER PROBLEMS FACING
TAX SYSTEM IN NIGERIA
4.2.1 SHORTAGE OF MANPOWER AND FACILITIES
4.2.2 SOCIETAL PROBLEMS
4.2.3 ECONOMIC PROBLEMS

CHAPTER FIVE
5.1 SUMMARY
5.2 RECOMMENDATION
5.3 CONCLUSION
BIBLIOGRAPHY

GET THE PROJECT HERE
CHAPTER ONE

1.0 INTRODUCTION
It has always been known that taxes contribute the major source of government revenue. Tax is a compulsory levy imposed by the government of a country on individuals and organizations. They play important role in the process of economic development.
The government imposes tax in order to provide basic and essential amenities which may be difficult or too costly for individuals and companies to provide.
In relation to the explanations above, this is vested with the power and reasonability of providing basic and essential service for the society. The basic and essential facilities may include;
Health facilities, Education, Security, Housing, Roads, and Bridges, Electricity to mention a few. It is obvious that the government revenue alone cannot be sufficient to provide the essential service otherwise known as Economic Growth and Development. The payment of tax covers individual and companies from various salaries, business profit, petroleum profits, capital gains and capital transfer.

However, the problems associated with an inquiry into tax structure and administration in Nigeria are obviously numerous. As will be observed shortly, no studies have been affected to comprehensively examine the system in a manner that attempts to relate the tax structure to its administration in Nigeria.
The dearth of economic literature on comprehensive analysis of tax structure and administration in our economy apparently leaves a gap between what it is in reality; secondly, there is the belief that indirect taxes are more important taxes in developing economies.

The study of Nigeria’s tax structure and administration itself poses a number of problems. In the first place a clear distinction between direct and indirect taxes has to be made and the contribution of each type of tax. The choice of tax base as well as the tax rate bears important relation to government policies regarding the financial needs.

GET  THE  PROJECT  HERE

Post a Comment

Previous Post Next Post