Issues and Challenges Inherent in the Nigerian Tax System

Edori Daniel Simeon; Edori Iniviei Simeon; Idatoru Alapuberesika Roberts

doi:doi:10.11648/j.ajmse.20170204.11

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Issues and Challenges Inherent in the Nigerian Tax System

Edori Daniel Simeon, Edori Iniviei Simeon, Idatoru Alapuberesika Roberts

Published in American Journal of Management Science and Engineering (Volume 2, Issue 4)

Received: 26 June 2017 Accepted: 13 July 2017 Published: 15 August 2017

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Abstract

The study examined the issues and challenges inherent in the Nigerian tax system. The theoretical framework approach was adopted in this study. The Nigerian tax system is designed as a means of income generation. The three tiers of government have the responsibility of tax administration in Nigeria. Nigeria tax system is confronted with many issues and challenges such as multiplicity of taxes, bad administration, non-availability of database, tax touting, complex nature of the Nigerian tax laws, minimum tax, commencement, change of accounting date and cessation, and non-payment of tax refunds. The way forward includes streamlining collection mechanism, ensuring good, effective and efficient tax administration, introduction of tax technology, tax awareness and communication, simplifying the tax laws and abolishing some, refund of taxes overpaid, independent of tax authorities (boards of internal revenue), addressing the issue of corruption among tax officials, strengthening of tax audit, establishing special courts to handle tax issues, and stiffer penalty for tax evasion and other tax offences.

Published in	American Journal of Management Science and Engineering (Volume 2, Issue 4)
DOI	10.11648/j.ajmse.20170204.11
Page(s)	52-57
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2017. Published by Science Publishing Group

Keywords

Nigeria, Tax System, Tax Laws

References

[1]	Ekeocha et al (2012). Revenue Implications of Nigeria’s Tax System. Journal of Economics and Sustainable Development, Vol. 3, No. 8.
[2]	Is-haq, O. O. Repositioning the Nigeria’s Tax System: Suggested Policy Measures, Retrieved from http://www.ishaqoloyede.com.ng/publications.php.
[3]	Mba, O. I., Mba, T. L. E. & Mba N. N. P. (2014). Nigerian Tax System and Administrative Implications of Multiple Taxation on the Economy; Journal of Business and Management Vol. 6, No. 37, 237-243.
[4]	Ogbonna G. N. (2009) Burning Issues and Challenges of the Nigerian Tax Systems with Analytical Emphasis on Petroleum Profits Tax. A Publication of the International Academy of Business and Behavioral Sciences, United States Of America (USA), Vol. 1, No. 1, 80-100.
[5]	Kiabel B. D. (2014). Personal Income Tax in Nigeria. 3rd Edition, Springfield Publishers, Owerri.
[6]	Okauru, I. O. (2012). Federal Inland Revenue Service and Taxation Reforms in Democratic Nigeria. Oxford: African Books Collective.
[7]	ICAN (2009). Advanced Taxation, Study Pack. VI Publishers, Lagos, Nigeria. 201 – 214.
[8]	Dike, M. A. C. (2014). An overview of the Nigerian Tax system; Implications for Foreign Investors. A paper presented to Nigerians in Diaspora Organization (NIDO) UK South Investment Conference on the 17th – 18th of March.
[9]	Price Waterhouse Coopers (2010). Nigeria @ 50: Top 50 Tax Issues. Available at: https://www.pwc.com/ng/en/pdf/nigeria-top-50-tax-issues.pdf.
[10]	Leyira, L. M., Chukwuma E. & Asian A. U. (2012). Tax System in Nigeria- Challenges and the Way Forward. Research Journal of Finance and Accounting, Vol. 3, No. 5, 9-15.
[11]	Odusola, A. (2008). Tax Policy Reforms in Nigeria- Research Paper No 2006/3, United Nations University-World Institute for Development Economics Research.
[12]	Sanni, Abiola (2012). Multiplicity of Taxes in Nigeria; Issues, Problems and Solutions. International Journal of Business and Social Science, Vol. 3 No. 17, 229-236.
[13]	Hadacolarl (2008). The Importance of Income Tax in South-East Western Nigeria. Journal of Economic and Financial Mirror, 7 (10), 11-13.
[14]	Kiabel B. D. & Nwikpasi M. N. (2010). Selected Aspects of Nigeria Taxes. Springfield Publishers, Owerri.
[15]	Modugu, K. P. & Omoye A. S. (2014). An Appraisal of Personal Income Tax Evasion in Nigeria. Asian Economic and Financial Review, 4 (10), 33-40.
[16]	Olabisi, J. (2010). An Assessment of Tax Evasion and Tax Avoidance in Lagos State. Journal of Research in National Development. Vol 8, No. 1.
[17]	Oyedele T. (2015). How Nigeria’s Tax System Discourages Investments. Retrieved from https://www.pwc.com/ng/en/assets/pdf/tax-watch-february-2015. pdfA.

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APA Style

Edori Daniel Simeon, Edori Iniviei Simeon, Idatoru Alapuberesika Roberts. (2017). Issues and Challenges Inherent in the Nigerian Tax System. American Journal of Management Science and Engineering, 2(4), 52-57. https://doi.org/10.11648/j.ajmse.20170204.11

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ACS Style

Edori Daniel Simeon; Edori Iniviei Simeon; Idatoru Alapuberesika Roberts. Issues and Challenges Inherent in the Nigerian Tax System. Am. J. Manag. Sci. Eng. 2017, 2(4), 52-57. doi: 10.11648/j.ajmse.20170204.11

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AMA Style

Edori Daniel Simeon, Edori Iniviei Simeon, Idatoru Alapuberesika Roberts. Issues and Challenges Inherent in the Nigerian Tax System. Am J Manag Sci Eng. 2017;2(4):52-57. doi: 10.11648/j.ajmse.20170204.11

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@article{10.11648/j.ajmse.20170204.11,
  author = {Edori Daniel Simeon and Edori Iniviei Simeon and Idatoru Alapuberesika Roberts},
  title = {Issues and Challenges Inherent in the Nigerian Tax System},
  journal = {American Journal of Management Science and Engineering},
  volume = {2},
  number = {4},
  pages = {52-57},
  doi = {10.11648/j.ajmse.20170204.11},
  url = {https://doi.org/10.11648/j.ajmse.20170204.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajmse.20170204.11},
  abstract = {The study examined the issues and challenges inherent in the Nigerian tax system. The theoretical framework approach was adopted in this study. The Nigerian tax system is designed as a means of income generation. The three tiers of government have the responsibility of tax administration in Nigeria. Nigeria tax system is confronted with many issues and challenges such as multiplicity of taxes, bad administration, non-availability of database, tax touting, complex nature of the Nigerian tax laws, minimum tax, commencement, change of accounting date and cessation, and non-payment of tax refunds. The way forward includes streamlining collection mechanism, ensuring good, effective and efficient tax administration, introduction of tax technology, tax awareness and communication, simplifying the tax laws and abolishing some, refund of taxes overpaid, independent of tax authorities (boards of internal revenue), addressing the issue of corruption among tax officials, strengthening of tax audit, establishing special courts to handle tax issues, and stiffer penalty for tax evasion and other tax offences.},
 year = {2017}
}

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TY  - JOUR
T1  - Issues and Challenges Inherent in the Nigerian Tax System
AU  - Edori Daniel Simeon
AU  - Edori Iniviei Simeon
AU  - Idatoru Alapuberesika Roberts
Y1  - 2017/08/15
PY  - 2017
N1  - https://doi.org/10.11648/j.ajmse.20170204.11
DO  - 10.11648/j.ajmse.20170204.11
T2  - American Journal of Management Science and Engineering
JF  - American Journal of Management Science and Engineering
JO  - American Journal of Management Science and Engineering
SP  - 52
EP  - 57
PB  - Science Publishing Group
SN  - 2575-1379
UR  - https://doi.org/10.11648/j.ajmse.20170204.11
AB  - The study examined the issues and challenges inherent in the Nigerian tax system. The theoretical framework approach was adopted in this study. The Nigerian tax system is designed as a means of income generation. The three tiers of government have the responsibility of tax administration in Nigeria. Nigeria tax system is confronted with many issues and challenges such as multiplicity of taxes, bad administration, non-availability of database, tax touting, complex nature of the Nigerian tax laws, minimum tax, commencement, change of accounting date and cessation, and non-payment of tax refunds. The way forward includes streamlining collection mechanism, ensuring good, effective and efficient tax administration, introduction of tax technology, tax awareness and communication, simplifying the tax laws and abolishing some, refund of taxes overpaid, independent of tax authorities (boards of internal revenue), addressing the issue of corruption among tax officials, strengthening of tax audit, establishing special courts to handle tax issues, and stiffer penalty for tax evasion and other tax offences.
VL  - 2
IS  - 4
ER  -

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Author Information

Edori Daniel Simeon

Department of Accountancy, Faculty of Management Science, Rivers State University, Port Harcourt, Nigeria
Edori Iniviei Simeon

Department of Finance and Banking, Faculty of Management Science, University of Port Harcourt, Port Harcourt, Nigeria
Idatoru Alapuberesika Roberts

Department of Accountancy, School of Management Science, Ken Saro Wiwa Polytechnic, Bori, Nigeria

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Plain Text BibTeX RIS

APA Style

Edori Daniel Simeon, Edori Iniviei Simeon, Idatoru Alapuberesika Roberts. (2017). Issues and Challenges Inherent in the Nigerian Tax System. American Journal of Management Science and Engineering, 2(4), 52-57. https://doi.org/10.11648/j.ajmse.20170204.11

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ACS Style

Edori Daniel Simeon; Edori Iniviei Simeon; Idatoru Alapuberesika Roberts. Issues and Challenges Inherent in the Nigerian Tax System. Am. J. Manag. Sci. Eng. 2017, 2(4), 52-57. doi: 10.11648/j.ajmse.20170204.11

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AMA Style

Edori Daniel Simeon, Edori Iniviei Simeon, Idatoru Alapuberesika Roberts. Issues and Challenges Inherent in the Nigerian Tax System. Am J Manag Sci Eng. 2017;2(4):52-57. doi: 10.11648/j.ajmse.20170204.11

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@article{10.11648/j.ajmse.20170204.11,
  author = {Edori Daniel Simeon and Edori Iniviei Simeon and Idatoru Alapuberesika Roberts},
  title = {Issues and Challenges Inherent in the Nigerian Tax System},
  journal = {American Journal of Management Science and Engineering},
  volume = {2},
  number = {4},
  pages = {52-57},
  doi = {10.11648/j.ajmse.20170204.11},
  url = {https://doi.org/10.11648/j.ajmse.20170204.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajmse.20170204.11},
  abstract = {The study examined the issues and challenges inherent in the Nigerian tax system. The theoretical framework approach was adopted in this study. The Nigerian tax system is designed as a means of income generation. The three tiers of government have the responsibility of tax administration in Nigeria. Nigeria tax system is confronted with many issues and challenges such as multiplicity of taxes, bad administration, non-availability of database, tax touting, complex nature of the Nigerian tax laws, minimum tax, commencement, change of accounting date and cessation, and non-payment of tax refunds. The way forward includes streamlining collection mechanism, ensuring good, effective and efficient tax administration, introduction of tax technology, tax awareness and communication, simplifying the tax laws and abolishing some, refund of taxes overpaid, independent of tax authorities (boards of internal revenue), addressing the issue of corruption among tax officials, strengthening of tax audit, establishing special courts to handle tax issues, and stiffer penalty for tax evasion and other tax offences.},
 year = {2017}
}

Copy | Download

TY  - JOUR
T1  - Issues and Challenges Inherent in the Nigerian Tax System
AU  - Edori Daniel Simeon
AU  - Edori Iniviei Simeon
AU  - Idatoru Alapuberesika Roberts
Y1  - 2017/08/15
PY  - 2017
N1  - https://doi.org/10.11648/j.ajmse.20170204.11
DO  - 10.11648/j.ajmse.20170204.11
T2  - American Journal of Management Science and Engineering
JF  - American Journal of Management Science and Engineering
JO  - American Journal of Management Science and Engineering
SP  - 52
EP  - 57
PB  - Science Publishing Group
SN  - 2575-1379
UR  - https://doi.org/10.11648/j.ajmse.20170204.11
AB  - The study examined the issues and challenges inherent in the Nigerian tax system. The theoretical framework approach was adopted in this study. The Nigerian tax system is designed as a means of income generation. The three tiers of government have the responsibility of tax administration in Nigeria. Nigeria tax system is confronted with many issues and challenges such as multiplicity of taxes, bad administration, non-availability of database, tax touting, complex nature of the Nigerian tax laws, minimum tax, commencement, change of accounting date and cessation, and non-payment of tax refunds. The way forward includes streamlining collection mechanism, ensuring good, effective and efficient tax administration, introduction of tax technology, tax awareness and communication, simplifying the tax laws and abolishing some, refund of taxes overpaid, independent of tax authorities (boards of internal revenue), addressing the issue of corruption among tax officials, strengthening of tax audit, establishing special courts to handle tax issues, and stiffer penalty for tax evasion and other tax offences.
VL  - 2
IS  - 4
ER  -

Copy | Download