Description
A critical analysis of income tax as a source of revenue in Nigeria (case study of Sapele local government area of Delta state).
Abstract
This study was undertaken to find out income tax as a source of government revenue in Nigeria with a case study of Sapele Local Government Area of Delta State. The subjects were tax officials selected as respondents from Delta State Government tax office of Sapele Local Government Area. Based on this strength, the table shows statistics value percentage. The result of the findings revealed that the contribution of income tax i.e. PYT and CYT is still experiencing depression in growth. A number of factors as unemployment, poor fiscal policy, and the problem of equity were cited among others as reasons for the even found in the result of findings and at the end of the project, recommendations were made on the ground that effective and efficient implementation of taxation progressive should be made use of for the problem of equity. Employment opportunities should be provided for the unemployed to raise the number of taxpayers thereby increasing income tax and the government should make a practicable concept for a good tax system.
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