At the Accounting department office
Appointment on Visitation important
Topic: Management Accounting
Description: This is an area of research into the cost and net revenue of firms as measured by the contribution of the firm. it evaluate the project and investment opportunities to the firm for management decision making as a way of preempting shareholding return and share value.
|1.||Ph.D (Management (Financial Management))||Lagos State University||2010|
INFORMAL SECTOR TAXATION AND REVENUE GENERATION: THE STUDY OF LAGOS STATE
The study is about the informal sector taxation and revenue generation, the dwindling oil revenue to the government has led to reduction in government performance over time. However, with the ever growing and increasing activities in the informal sector where the small and medium scale business exist additional revenue to the government is possible. The challenge of poor financial record system and weak tax administration of the informal sector have remained the bane of tax revenue in the system. The study explores the primary source of data collection using the survey method. The scarcity of data and where available the accuracy and reliability of such data remain an issue in point. Structured questionnaire was used for data collection, judgmental sampling technique was adopted for the questionnaire distribution and administration. The study result shows that the informal sector would provide a good and strong alternate sources of tax revenue to the government. It also revealed that the informal sector tax potential has not been fully exploited by the government, the study also discovered that poor tax administration is the bane of tax revenue generation from the informal sector. The study concluded that the informal sector possesses the potentials of contributing to the growth of the government tax revenue. the study also concluded that tax administration in Nigeria has not been designed to explore the tax revenue potential of the informal sector. The study recommended that government should redesign the tax administration system and refocus it to explore tax revenue potential of the informal sector.
KEHINDE JAMES is a Professor at the Department of Accounting
KEHINDE has a Ph.D in Management (Financial Management) from Lagos State University