Evaluation Of Nigeria System, Emphasis On Value Added Tax – Study Of Federal Board Of Inland Revenue (fbir)

Abstract 

This study is carried out with the aim of evaluating Nigeria tax system with special emphasis on value added tax – study of Federal Board of Inland Revenue (FIBR).

It began with the history and development of Nigeria tax system right from its introduction between 1804 and 1810 and went through the fields of various tax It main purpose its to find out which tax system s good for Nigeria especially when compared to sales tax.   

There is no gainsaying the fact that the study no problem. For instance the research discovered that (VAT) administration is solely the work of Federal Board of Inland Revenue. 

The objective of research are various, amongst them: - to ensure that there is a minimal tax evasion and avoidance: that the replacement of sales tax with VAT is on the right direction and assess the revenue collectible from Vat. 

In the light of the above some hypothesis were propounded and they are: who bears the incidence of tax, whether VAT reduces tax evasion and avoidance, whether it affects negatively the demand for products, and if VAT has justified its introduction. The result from the analysis reveals that  VAT is a suitable tax system in Nigeria.

Consequent upon result from the study carried out, it is recommended that VAT should be allowed to stay, it is indeed a force to reckon with in Nigeria tax system. 

CHAPTER ONE: 

CHAPTER THREE: 

Appendix 

Questionnaire 

Bibliography