Tax revenue and infrastructural development in Nigeria - case study of Taraba State Ministry of Finance Department:Accountancy By: SIRJOSEPH Project ID: 8543 Rating: (5.0) votes: 1 Price:₦5000 Get the Complete MaterialAbstractThis study examined the relationship between tax revenue and infrastructural development in Taraba State. The study adopted a survey research design with the population involving the government officials at the Ministry of Finance of Taraba state, civil servants, as well as the people of the state (taxpayers). A purposive sampling technique was used to select a total of 148 respondents for questionnaire administration. The questionnaires were analysed using descriptive statistics and the hypotheses were tested using Chi-square. It was found that tax revenue is a very strong tool for infrastructural development in the State. Additionally, it was found that the people are not well informed about the importance of tax the government is not effectively and efficiently utilizing the tax revenue there is low economic activities in the state which influences the level at which people willingly pay tax people lack trust in the government of the State there is lack of accountability and transparency in the government and that there is lack of adequate data about the taxable people and businesses in the State. In the same vein, where taxes are not adequately paid by the citizens, the government will depend on only a single source which is the statutory allocation, there will be low level of infrastructures which will lead to low economic situation in the State, there will be lack of continuity by succeeding Governments and finally there will be lack of maintenance of the government properties. The study thus concluded that there was a nexus tax revenue and infrastructural development in Taraba State. The government should show some degree of accountability and honesty on the revenue collected to make citizens understand the connection between tax revenue and infrastructural development. This can be achieved when tax laws, regulations, procedures and administrative guidelines are made public....Preview Download Preview +Other Accountancy project topics and materials you might be interested in»The Impact of Accounting Ratio in Decision Making ( A Case Study of Nigeria Breweries Plc Enugu) »The impact of budget and budgetary control in tertiary institutions ( A Case study of imo state university )»Internal control as a tool for improving profitability»The role of financial institutions in the development of Nigeria economy»Impact of computerization of accounting system of commercial banks ( A case study of union bank plc )»The Impact of product development on banks performance ( A Case study of first bank plc )»Effects of standard costing on the profitability of manufacturing companies (a case study of nigerian breweries plc, Ama, Udi local government of Enugu state) »The role of accounting system in measuring organizational performance of transport company ( A Case study of ABC Transport )»Role of good accounting system in the management of private enterprise in Nigeria ( A Case Study of Nwaogo pam paper mills limited )»The impact of development finance institutions (DFIS) in economic development of Nigeria»Auditing in Nigeria companies, problems and prospects»Effect of misrepresentation of information in a financial statement»Effective internal control as an aid to management efficiency ( Case Study of Nigeria Bottling Company Owerri )»The effects of computerized accounting system on the performance of banking industry in Nigeria»An appraisal of fraud prevention measures in Nigerian banking sector ( Case study of access bank plc owerri )