THE IMPACT OF TAXATION AND PROBLEMS ASSOCIATED WITH ITS COLLECTION IN NIGERIA (A CASE STUDY OF NNEWI NORTH LOCAL GOVERNMENT AREA)

ABSTRACT

The research study examining the importance of taxation and problem associated with its collection in Nigeria (A case study of Nnewi North Local Government Area).  The value quality and effect of taxation in the Nation cannot be over emphasized because it is a satisfying collection wants (e.g basic services which cannot e provided) by individuals and for government policies.  The research is the process of collecting relevant information distributed questionnaire as its primary sources of information and the researcher also use textbooks as secondary source of data for study.  There is also the rise tables and percentages used to analyzed the data collected.  The research revealed that the problem of tax collection was due to some factors like high rate of illiteracy, dishonesty among the payers and attendant high cost of tax collection.

 Moreover, those companies that pay tax are not usually honest about their profit because there is no high rate of the incentive. However, based on the findings the researcher made some recommendations.


TABLE OF CONTENTS
Title page                                     ii
Approve page                                     iii
Dedication                                     iv
Acknowledgement                                v
Abstract                                         vii
Proposal page                                    ix
Table of content                                xi

CHAPTER ONE
1.1    Introduction/Background of Study                 1
1.2    Statement of Problem                         3
1.3    Purpose of Study                            5
1.4    Significance of Study                        6
1.5    Scope and Limitation of Study                 7
1.6    Research Question                            8

CHAPTER TWO
2.0    Literature Review                             9
2.1    Who is an Accountant?                         9
2.2    Accounting Defined                             9
2.3    Books-Keeping and Account Differentiated         12
2.4    Government Accounting Defined                13
2.5    Objective of Accounting in the Public Sector        14
2.6    Legal Basis                                 17
2.7    The Nature of Nigerian Public Sector Accounting     19
2.8    The Scope of Public Sector Accounting             22
2.9    Government and Commercial Accounting
 Compared                                     26
2.10    Some Identified Problem of the Nigeria
Public Sector Accounting                         29

CHAPTER THREE
3.0    Research Methodology                         35
3.1    Study/ Research Design                        35
3.2    Population of Study                             35
3.3    Sample Size                                36
3.4    Method of Date Collection                     36

CHAPTER FOUR   
4.1    Data analysis                                40
4.2    Data presentation                            41
4.3    Interpretation of Demographic     characteristics    42
4.4    Assessment of the Accounting System of the Public Sector                                     43
4.5    Testing of Research Question                    44
4.6    Major Findings                                61

CHAPTER FIVE
5.0    Summary, Recommendation and Conclusion
6.0    5.1Summary                                
5.2    Conclusion                                
5.3    Recommendation                            Suggestion for Area of Further Research                 Bibliography                                68
Appendix