Tax Administration System in Nigeria, A Review

Abstract

Recently the revenue that accrues to state government is derived from two broad sources, viz: the external sources and the internal sources. The increasing cost of running government coupled with dwindling revenue has left various state governments in Nigeria with formulating strategies to improve the revenue base. More so, the near collapse of the national economy has created serious financial stress for all tiers of government. As a result of fall in the international price of oil and the collapse of the national economy, the direct allocation from federation account to the states has fallen. This research work examined the relationship between tax administration and revenue generation from the perspective of Nigerian internal revenue service. It also determined the impact of evasion and tax avoidance on the revenue generation in general.

DOI: 10.7176/RJFA/13-22-05

Publication date: November 30^th 2022