Research Diary of Financing and Accounting ISSN 2222-1697 (Paper) ISSN 2222-2847 (Online) Vol three or more, No 5, 2012
Tax Administration and Revenue Generation of Lagos Local government, Nigeria David A. Enahoro1* OLABISI Jayeola1. 2 1 . Department of Accounting, Babcock University, Ogun State, Nigeria. 2 . Office of Financial Research, Redeemer's University, Ogun Condition, Nigeria. 2. E-mail from the corresponding writer: [email protected] com Abstract The research examines the overall effectiveness of tax supervision in relation to analysis, collection and remittance of tax in Lagos Condition, Nigeria. A survey questionnaire of the machinery of taxes administration was carried out in which 130 forms were given to analyse the judgment of civil servants straight connected with taxes administration in the five County areas of Lagos State (Somulu, Mushin, Ikeja, Kosofe and Surulere). Hypothesis tested pertaining to the relationship which usually exists between tax government, tax regulation and income generation. The Kendall assess was implemented and obtaining is that the tax administration in Lagos condition is not really totally useful. Hence, duty administration influences the revenue generated by government; also, there is a significant relationship between tax operations, tax procedures and tax laws. The study therefore suggests that Lagos State Government can put in place a tax system that can improve better supervision of duty systems and tax selections should be left in the hands of private organisations. Keywords: Taxation, Administration, Revenue and Duty laws 1 ) Introduction Ariwodola (2001) described tax as a compulsory levy imposed by the government authority through its agents on its topics or his property to accomplish some goals. Arnold and Mclntyre, (2002) define taxes as a mandatory levy about income, usage and production of goods and services as intended by the relevant legislation. Duty is a impose imposed by government power upon property, individuals, or transactions to raise money to get public purposes. This classification is on the other hand imperfect. Study regarding the teachings of Christianity, Islamic and other prominent religions in the world demonstrates tax is known as a religious responsibility based on social and municipal responsibilities (Agbetunde 2004). Each of them support and encourage tax imposition both to redistribute wealth in order to finance authorities project. The Nigerian taxes administration is in line with all the British type of tax operations since 1960 and continues to be operating this up to 1990 when the self-assessment scheme occured which seems similar to the American model of duty administration program (Adesola 2004). The Uk model of duty administration presumes tax payers are unskilled as to duty process and tax government bodies do not count on information given by tax payers. Returns of the tax payer are thoroughly verified throughout the application of the American unit in reference to the rigid United kingdom model. The American style despite the advantages that can be derived from its program has not discovered a good place in Nigeria mainly because all the trend that managed to get a success in the us such as voluntary compliance program, competence of tax paying customer, efficient data processing system which supports detection of fraud are still not present the Nigeria context. Subsequently disadvantage offers adversely affected on county tax system since they are area of the ruling process in the express. Such effects has generally been based upon problems linked to collection, evaluation and results procedures from your government region. There is doubt on how useful the duty authority and also other bodies playing the collection of tax and make comes back to the community and local government. In an economic climate like Nigeria where wonderful reliance is placed on one way to obtain revenue by the state government, the understanding and appreciation of the significance of tax being a source of income is of very important importance. This is simply not...
References: Adebayo, A. (1970): Local Government Finance in Nigeria: Problems and Prospects, Ile-Ife: University of Ife Press Ltd. Adedokun, A. A. (2004): The Development of Local Government in Nigeria as Pre-Colonial Metabolic rate. Polycom Log, Vol. two, No . 2, Pg115-120. Adesola, S. M. (2004): Tax Law and Administration in Nigeria, Ile-Ife: University of Adejuwon, T. A. (1998): Analysis of Tax Principles for Nigerian Students, Lagos: Adejuwon Writers. Agbetunde, L. A. (2010): Principles and Practice of Nigerian Personal Income Tax, Lagos: Toda Venture Ltd. Age to 99 Ife Press Ltd. and CoвЂ“
2nd ed. EL-
Ariyo, A. (1997): Productivity of the Nigerian Tax Program: 1970-1990' African Economics Study Consortium (AFRC), Nairobi, Study Paper 67, 1997. Arnold, J. M. & Mclntyre, J. M. (2002) Foreign Tax Primer, Second copy, Kluwer Regulation International, The Hague, the Netherlands.
Analysis Journal of Finance and Accounting ISSN 2222-1697 (Paper) ISSN 2222-2847 (Online) Volume 3, No 5, 2012
Ayua, I actually. A. (1996): The Nigerian Tax Regulation, Ibadan: Oyo Spectrum Regulation Publishing Bahl, R. T. (1999): Money Decentralization since Development Plan, Public Cash strategy & Finance IXX (summer): Pg. 59 вЂ“ 75
Bariyama, D. E. and Nwokah N. G (2009): Boston Revenue Generation by Government authorities in Nigeria: The Duty Consultant Option Revisited. Euro Journal of Social Savoir, Vol almost eight, No four, 2009 Brautigam, D. (2008): вЂIntroduction to Taxation and State-Building in Developing Countries, in Brautigam, D., Fjeldstad, O-H and M. Moore (Eds) Taxation and State-Building in Developing Countries: Capability and Approval, Cambridge College or university Press, Cambridge, pg. 1-33, pg Edemode J. (2009): Towards a People-Focused Tax System in Nigeria, Assess вЂ“ A Quarterly Distribution of Federal Inland Revenue Service (FIRS) Oct-Dec 2009 Ekpo, A. H. & Ndebbio, Elizabeth. U. (1998), Local Government Financial Operations in Nigeria, Exploration Consortium (AERC) Research Paper 73, Nairobi March 1998. Available Aercafrica. Org/ documents/rp73. pdf (Accessed 20/11/2010) Ipaye A. (2008): Lagos State government to harmonize tax collection. The Vanguard, 7th Nov, Pg. 15 Mikisell, J. L. (2003): Internal Experiences with Operations of Local Taxes: An assessment Practices and Issues, Current Draft of July 2003 Mckerchar Meters. & Evans C. (2009): Sustaining Expansion in Growing Economies through Improved Taxes Payer Complying: Challenges intended for Policy Makers and Earnings Authorities. E-journal of Taxes Research (2009) Vol. six, No . two, Pg. 171 -201 Naiyeju J. E (2010): Nigerian Speaks upon Taxation: A tool for Cultural Change Administration in Nigeria and the Issue of Tax Refund. A paper shown as part of Nigerian 50th Wedding anniversary Celebration for Aso Hall Oct you, 2010. Odusola, A. N. (2002): вЂKwara State Open public Expenditure Review'. A Specialized Report upon State Public Expenditure Review in Nigeria Submitted for the World Lender. Abuja, May possibly, 2002 Odusola, A. Farreneheit. (2006): Tax Policy Reforms in Nigeria'. A Research work of UNU-WIDER (United Nations University-World Start for Creation Economies Research), Research Conventional paper No . 2006/03 Pg. 1-45 Phillips, A. (1997): Nigeria's Fiscal Coverage, 1998вЂ“2000. NISER Monograph Series No . 18. Ibadan: Nigeria Institute to get Social and Economic Analysis. Fashola, B. R (2009): My Many other Citizens of Lagos Condition, Speech Delivered at the Inauguration Fund Elevating Ceremony of Eko Golf club (London) of Nigeria Established Gazette, Work 27 (86) Lagos and African Financial from: http:// www.
This educational article was published by The International Company for Research, Technology and Education (IISTE). The IISTE is a leader in the Open Get Publishing services based in the U. T. and European countries. The aim of the institute is definitely Accelerating Global Knowledge Writing. More information regarding the author can be found in the IISTE's home-page: http://www.iiste.org The IISTE happens to be hosting a lot more than 30 peer-reviewed academic magazines and collaborating with educational institutions around the globe. Prospective authors of IISTE journals will get the submitting instruction for the following site: http://www.iiste.org/Journals/ The IISTE editorial team pledges to the review and submit all the qualified submissions within a fast manner. All the periodicals articles can be found online towards the readers across the world without financial, legal, or technical limitations other than all those inseparable coming from gaining access to the internet itself. Published version with the journals is usually available upon request of readers and authors. IISTE Knowledge Posting Partners EBSCO, Index Copernicus, Ulrich is actually Periodicals Index, JournalTOCS, PKP Open Archives Harvester, Bielefeld Academic Google search, Elektronische Zeitschriftenbibliothek EZB, Wide open J-Gate, OCLC WorldCat, World Digtial Library, NewJour, Google Scholar