Tax administration and revenue in lagos
The effect of internal revenue generation on infrastructural development a study of lagos state internal revenue service keywords: infrastructure, revenue, development, administration, lagos state 1 introduction weaknesses in revenue administration lead to inadequate tax collections financing of. The commissioner, who disclosed that the ministry of justice had established a rapid tax prosecution unit to aid the lagos internal revenue service (lirs) in its drive to collect taxes, added that. Experienced supervisor with a demonstrated history of working in the government administration industry skilled in research, microsoft excel, management, analytical skills, and customer service lagos state internal revenue service october 2016 – present 2 years 1 october 2014 – present 4 years 1 month alausa informal sector tax. Abstract tax is the main source of government revenue not only for developed countries but also for developing countries like tanzania due to importance of tax revenue and given that most public social services are funded by tax revenue, this study is bestowed on effective tax administration as an engine of tax collections. Tax administration and revenue generation: a perspective keywords: tax administration, revenue, tax evasion, tax avoidance, and tax payer the establishment of the lagos state inland revenue department 8 the promulgation of the companies income tax act (cita) 1979 9 the establishment of the federal board of inland revenue under cita.
The thorough application of information technology in tax administration in nigeria would be a welcome change in the system as this will greatly enhance the efficiency in tax administration in enugu state in particular and nigeria in general. Speeches re-engineering state tax administration strategies, systems and processes: lessons from lagos state nov 24, 2009 - lagos state by various international assessments is a mega city/state with over 75% its current population living in metropolitan lagos. The general tax administration program of the florida department of revenue administers over 30 taxes and fees, including sales and use tax, reemployment tax, communications services tax, corporate income tax, and fuel tax.
Lagos state revenue administration final report november 2012 expanding lagos state’s tax base and action plan on improving assessment and collection as well as enforcement changing landscape, and management of change training in revenue administration. Unified chargeable rates for local government taxes and levies in lagos state ascension consulting services (tax payer) is liable to pay where a tax payer is liable to pay with the general public for revenue administration is expected to wear identification. Title/topic: tax administration in nigeria: challenges and prospects, a case study of lagos state board of internal revenue service » view more taxation undergraduate project topics, research works and materials entries payment option 1 » bank branch deposits, atm/online transfers (amount: ₦3,000 ngn. The ghana revenue authority (domestic tax revenue division) is charged with that utmost responsibility of levying and collecting taxes on the incomes of individuals such as the employed and self-employed, (income tax), corporate bodies (corporation tax), capital gains (capital gains tax) and others. Withholding tax (wht) is an advance payment of income tax in principle, it is a payment for the ultimate income tax liability of the taxpayer or company it is not a separate tax and does not.
The workshop on aeoi which is a foundation course organised by the global forum in co-operation with the federal inland revenue service of nigeria, the african tax administration forum and the west african tax administration forum brrings together 38 delegates from 15 african countries. At a workshop on the 'role of women in enhancing revenue generation and tax administration in nigeria', the acting chairman of firs, mr kabiru marshi, said so many nigerians were evading tax a. Effects of value added tax on internally generated revenue in lagos state, nigeria tax administration: a revenue service, revenue agency or taxation authority is a government agency responsible for the intake of government revenue, including taxes and sometimes non-tax revenue.
Since this study shed light on the administration of company income tax in nigeria, the author humbly believes that the study will be of immense benefits to the government and administrative machinery (federal inland revenue service) in reforming the tax policy. Since the turn of the millennium, the lagos state government has made no secret of its ambitious plans to become an african ‘world class’ city, realizing its vision through borrowing as well as increased tax revenues. 1 preface efficient and effective revenue collection is a key driver for financing development and strengthening good governance information technology (it) has a great potential to improve revenue collecti on by automating. Revenue generation and engagement of tax consultants in lagos state, nigeria: determine the effects of tax evasion and activities of unscrupulous tax official on revenue generation of lagos state tax law and tax administration he mentioned that a tax system is administered through tax. Introduction the lagos state internal revenue service (lirs) has issued the hotel occupancy and restaurant consumption (fiscalisation) regulations 2017 pursuant to section 9 of the hotel occupancy and restaurant consumption law empowering lirs, to issue regulations for the administration of the law.
Tax administration and revenue in lagos
Most academic attention has focused on personal income taxation, which comprises the lion’s share of government revenue in lagos less attention has been devoted to another crucial innovation over the same period – the land use charge – and other forms of tax related to property. Table 2: responses on key issues relating to the relationship between the tax regulations and the revenue generated by the government s/n variables tax collectors tax inspectors y u n tot y u n 1 the tax admin system in lagos 28 2 10 40 23 5 10 state is not efficient and effective 2 the administration of tax system 32 2 8 40 25 4 9 in lagos has. Get informed about how tax is administered by the 3 main tax collection bodies: lagos state internal revenue service, local government, federal government lirs – tax administration 0 (700) 225-55477. The tax system in nigeria is made up of the tax policy, the tax laws and the tax administration all of these are expected to work together in order to achieve the economic goal of the nation.
- Tax administration and revenue generation of lagos state government, nigeria 1 research journal of finance and accounting wwwiisteorgissn 2222-1697 (paper) issn 2222-2847 (online)vol 3, no 5, 2012 tax administration and revenue generation of lagos state government, nigeria john a enahoro1 olabisi jayeola12 1.
- Tax administration in nigeria: problems and prospects a case study of benue state board of internal revenue service 1 abstract the pre-occupation and concern of this study is the appraised of problems and prospects of tax administration in nigeria using benue state board of internal revenue as a case study.
The tax administration problems encountered in lagos state are also evident in other states of the federation the incessant review of revenue capacity of all revenue units is a major challenge which has. The nigerian federal inland revenue service was created in 1943, when it was carved out of the erstwhile inland revenue department that covered what was then the anglo-phone west africa (including ghana, gambia and sierra leone) during the colonial era. The government of lagos state seems to be currently in the eye of the storm over its introduction of a law, a property tax as it were, known as the land use charge act of 2018, which repeals a.