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The effect of value added tax (VAT) as a source of revenue to the Federal Government of Nigeria

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Abstract

This project topic is on The effect of value added tax (VAT) as a source of revenue to the Federal Government of Nigeria, This research study focuses mainly on a very important aspect of the tax profession titled value added tax (VAT) as a source of revenue for the federal government of Nigeria. In the course of achieving this purpose, some problems were encountered in the introduction of vat and the mode of collection and administration on the federal government. Chapter one started with the general introduction and overview of the topic. It also highlighted the problems which the government sensed that VAT might not be accepted adequately and of what impact or effect VAT return to the federal government of Nigeria. Chapter two reviews related literature covering VAT administration, registration, office, theories of the relevant variable of the model and a summary of the chapter. Finally, further research suggests that needs to be conducted which are the impact of anticorruption act on the effective implementation of VAT decree and the cooperative analysis of VAT and other forms of tax were also stated. 

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