International records / OpenAlex research

The Administration and Problems of Value Added Tax in Nigeria

This study analyses the relevance and the problems of Value Added Tax (VAT) in Nigeria. Three research questions were formulated for the study. A survey of VATable Nigerian organizations, FIRS staff and the publics was conducted to gain insights into the way VAT is administered, its relevance in revenue generation, savings and consumption of consumers and the problems hindering its efficiency. Both secondary and primary data were used and descriptive statistics as tool for analysis. The survey shows that a majority of the FIRS staff perceive that they are not adequately equipped technically an…