Durowaiye, Oluwatobiloba Oreoluwa and SADIQ, I. A (2023) VARIOUS TAX REFORMS, TAX REVENUE AND ECONOMIC GROWTH IN NIGERIA. In: 14th national & first virtual conference of the school of management studies, FPI, 15-17, August, 2023, Ilaro.
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Abstract
The study examined the impact of various tax reforms and tax revenue on economic growth in Nigeria. Various tax revenue was used as a proxy for tax reforms while the economic growth is proxied by gross domestic product and federally collected revenue but decision was largely made based on gross domestic product as the proxy of economic growth. Data was collected by secondary means through central bank of Nigeria statistical bulletin and FIRS gauge. The results of the study showed that tax reform is positively and significantly related to economic growth and that tax reforms indeed influences economic growth. It was thereby concluded that favorable tax reforms improves the revenue generating capacity of the government to undertake socially desirable activities that translate to economic growth in real output and per capita base. The study recommended that the government should focus on more reforms in the tax administrations and collection needed so as to mitigate or eliminate, if possible the areas that causes revenue leakages as a result of loopholes in tax collection and remittances from authorities which is capable of limiting the economic growth
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Subjects: | H Social Sciences > H Social Sciences (General) |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Management |
| Depositing User: | Unnamed user with email [email protected] |
| Date Deposited: | 01 Nov 2024 11:28 |
| Last Modified: | 01 Nov 2024 11:28 |
| URI: | http://eprints.federalpolyilaro.edu.ng/id/eprint/2363 |
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