An Evaluation of the Problem and Prospect of Tax Collection in Internal Revenue Service in Bauchi State
Quick Navigation for Final Year Undergraduates, Masters (Thesis), and Ph.D. Dissertation Students Who Need Our Services on Their Research Works
| Find More Project Topics | FIND HERE |
| Hire Us for Thesis Works | HIRE NOW |
| Hire Us for Project Works | HIRE NOW |
| Hire Us for Seminar Works | HIRE NOW |
| Hire Us for Assignments | HIRE NOW |
| Hire Us for Proposals | HIRE NOW |
| Contact Us | HERE NOW |
Chapter one on An Evaluation of the Problem and Prospect of Tax Collection in Internal Revenue Service in Bauchi State
INTRODUCTION
BACKGROUND OF THE STUDY
Tax is invariably an enforced contribution of money ,exacted pursuant to legislative authority if there is no valid statute by which it is imposed, a charge is not a tax.The classical purpose of taxation is the raising of funds to meet government expenditure.redistribution of wealth and the management of the economy.The tax system can also be used to direct the course of the economy.It is often to encourage economic activities. Tax affects the amount available for spending by the private sector of the economy.correspondingly, an increase in tax rate and gathering efficiency will affect the amount available for government spending.Not only that such increase or decrease no matter how minimal may have inflationary or deflationary effect on the economy.secondly and particularly in the case of taxes on income, there is tendency of their imposition to encourage or discourage particular activities. The significance of tax to the government and the state can not be over emphasized.However achieving a high level of revenue through tax is not always an easy fit to attain.Problems encountered includes inadequate staff, bribery and corruption, mismanagement of tax collected, poor accounting record, etc.But according to Adam Smith (1968), there are prospect the lies with the collection of tax.The research intends to investigate the problem and prospect of tax collection in internal revenue service in bauchi state.
STATEMENT OF THE PROBLEM
The problem confronting this research is to evaluate the problem and prospect of tax collection in internal revenue service of bauchi state.
RESEARCH QUESTION
1 What is the nature of taxation
2 What constitute the problems encountered in the collection of tax
3 What are the prospect of tax collection
4 What are the problems and prospect of tax collection in bauchi state
OBJECTIVE OF THE RESEARCH
1 To determine the nature of taxation
2 To appraise the problems and prospect of tax collection
3 To determine the problems and prospect of tax collection in bauchi
SIGNIFICANCE OF THE RESEARCH
The research shall elucidate the problems and prospect of tax collection and profer possible recommendations for effective tax administration.
STATEMENT OF THE HYPOTHESIS
1 Ho Tax revenue in bauchi is low
Hi Tax revenue in bauchi is high
2 Ho Problem of tax collection in bauchi is low
Hi Problem of tax collection in bauchi is high
3 Ho The prospect of tax collection in bauchi is low
Hi The prospect of tax collection in bauchi is high
SCOPE OF THE STUDY
The study intends to appraise the problems and prospect of tax collection in bauchi state.
DEFINITION OF TERMS
TAX DEFINED Tax is invariably an enforced contribution of money ,exacted pursuant to legislative authority if there is no valid statute by which it is imposed, a charge is not a tax.The classical purpose of taxation is the raising of funds to meet government expenditure.redistribution of wealth and the management of the economy.The tax system can also be used to direct the course of the economy.
PERSONAL INCOME TAX DEFINED This is tax levied on income of individuals which is earned either from employment ,trade, business, vacation or profession.
Disclaimer
This research material is intended for academic use only and should be used as a guide in constructing your research project and seminar presentation. You should never duplicate the content word for word (verbatim), as SCHOOLTHESIS.COM will not be held liable for anyone who does.
The purpose of publishing this material is to alleviate the stress of hopping from one school library to the next in search of research materials. This service is lawful because all educational institutions allow students to read past projects, papers, books, and articles while working on their own.
SCHOOL THESIS is merely giving this information as a research reference. Use the document as a reference or structure for your own research paper. This paper’s content should be able to assist you in coming up with new ideas and thoughts for your own study
An Evaluation of the Problem and Prospect of Tax Collection in Internal Revenue Service in Bauchi State research paper, should only be used as a guide.