ASSESSING THE NEXUS BETWEEN ELECTRONIC TAXATION AND REVENUE GENERATION EFFICIENCY IN NIGERIA

Authors

  • George Ezeala,
  • MaryJane Chinwendu Opara
  • Emeka Leonard Omaliko

Keywords:

Electronic Taxation, Revenue Generation, Personal Income Tax, Company Income Tax

Abstract

The study was conducted to determine if electronic taxation system adopted in Nigeria was
able to eliminate tax evasion and related problems associated with the manual taxation
system previously in use and subsequently improving revenue generation of the government
particularly company income tax and personal income tax. Primary data was obtained by
means of a 5-point Likert scale questionnaire deployed to assess respondents' perceptions
and opinions related to the study's objectives. The study deployed Kolmogorov-Smirnov test
for analysis of data so obtained for the study. Result showed that (1) electronic tax system
has significantly reduced tax fraud in Anambra state, Nigeria (2) electronic tax system has
significantly improved revenue generation with regards to personal income tax in Anambra
state, Nigeria (3) electronic tax system has significantly improved revenue generation
through company income tax in Anambra state, Nigeria. With regards to the findings stated
above, the study recommended that tax authorities in every state in Nigeria and other
developing countries should invest in the necessary infrastructure and provide training to
their staff to ensure a successful implementation of electronic taxation system. Again, it was
recommended that tax authorities should continue to promote the use of electronic taxation
systems to encourage voluntary compliance. Finally, it was recommended that tax
authorities should focus on improving their electronic tax systems to make them more
efficient and effective in order to consolidate on the gains already made in adoption of
electronic taxation system.

Author Biographies

  • George Ezeala,

    Department of Accountancy, Nnamdi Azikiwe University, Awka,

  • MaryJane Chinwendu Opara

    Department of Accountancy, Nnamdi Azikiwe University, Awka,

  • Emeka Leonard Omaliko

    Department of Accountancy, Nnamdi Azikiwe University, Awka,

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Published

2024-12-23

How to Cite

ASSESSING THE NEXUS BETWEEN ELECTRONIC TAXATION AND REVENUE GENERATION EFFICIENCY IN NIGERIA . (2024). Journal of the Management Sciences, 61(6), 16-34. https://journals.unizik.edu.ng/jfms/article/view/4214

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