- The Complete Research Material is averagely 59 pages long and it is in MS Word Format, it has 1-5 Chapters.
- Major Attributes are Questionnaire, Data Analysis,Abstract.
- Study Level: BTech, BSc, BEng, BA, HND, ND or NCE.
- Full Access Fee: ₦6,000
Get the complete project »
CHAPTER TWO
2.1. REVIEW OF RELATED LITERATURE
Taxation is one of the major fiscal policies the government of any nation such as Nigeria can use to achieve economic stability and in the financing of capital expenditure. Various taxes are levied upon the income, wealth or gain of an individual, family and business firm by the government for the purpose or benefits of the general public.
Tax by a simple definition is a financial charge or other levy imposted upon a tax payer which could be an individual or a legal entity from the point of view of the student researcher by a state such that failure to pay is punishable by law. Thus, taxation cannot be regarded as a voluntary payment or donation but an enforced contribution exacted pursuant to legislative authority. In modern taxation system such as Nigeria, taxes are levied, in money which could be use for myriads of functions or purpose such ay a expenditure on public order, protection of lives and property, economic infrastructure cures such as roads, public works, social engineering and the operation of government itself (Carrol, et al 2000).
The taxes collected by the government no doubt emanate from varying sources ranging from personal income tax, company income tax, capital gain tax, property tax, education, tax, task but to list a few.
The Nigerian government in attempt to raise revenue and enhance the economic development of Nigeria has subjected many firms to multiple taxations which they are mandated or made compulsory to pay irrespective of the sector the business firms operate or else take the wrath of the law A survey carried out by the Manufacturers Association of Nigerian (MAN1) and (Centre for International Private Enterprise ICIPE) identified multiple taxation as the bane of private sector business growth in Nigeria (Anyamvu, 2012). The survey established the relationship between multiple taxations in the pilot state across the three tiers of government and re-affirmed its negative effects to private sector growth and businesses in Nigeria.
According to the survey, it was established that multiple taxation could lead to divestment as well as jeopardize foreign direct investment coming into Nigeria, while adversely affecting the Competitions of
existing businesses and their survival, Moreover it was also established that currently most businesses in Nigeria consider the tax environment as unfriendly and disincentive to business, stressing that it engenders loss of man hour to both the government and private businesses.
According to Osagie (2012) tax environment inNigeria especially the policy on multiple taxation increases the cost of doing business in the country. As a matter of fact, some business including manufacturing companies have shut down production while in some cases, have relocated their factories to other West African countries which are considered to be more investment friendly. Against this back drop, this project examines the effects of multiple taxation on business survival in Nigeria.
You either get what you want or your money back. T&C Apply
You can find more project topics easily, just search
-
SIMILAR SME/ENTREPRENEURSHIP FINAL YEAR PROJECT RESEARCH TOPICS
-
1. THE ROLE OF SMALL SCALE BUSINESS ON THE ECONOMIC DEVELOPMENT IN NIGERIA (A CASE STUDY OF ALABA INTERNATIONAL MARKETING)
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The impact of Small Scale Enterprises to the developmentcannot be neglected in everyeconomy,moree...Continue Reading »Item Type & Format: Project Material - Ms Word | 79 pages | Instant Download | Chapter 1-5 | SME/ENTREPRENEURSHIP DEPARTMENT
-
2. IMPORTANCE OF FINANCIAL ACCOUNTING LITERACY ON THE GROWTH DEVELOPMENT SURVIVAL,PRODUCTION AND PERFORMANCE OF SMES
» 1.0 INTRODUCTION 1.1 Background of the Problem Micro and small enterprises (MSE’s) are facilitators for broad based growth in competition, entre...Continue Reading »Item Type & Format: Project Material - Ms Word | 70 pages | Instant Download | Chapter 1-5 | SME/ENTREPRENEURSHIP DEPARTMENT
-
3. ROLE OF COMMERCIAL BANK IN THE PERFORMANCE OF SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA
» CHAPTER ONE INTRODUCTION 1.1. BACKGROUND OF STUDY The development of any country on how far its income generating sectors can increase its capacity an...Continue Reading »Item Type & Format: Project Material - Ms Word | 80 pages | Instant Download | Chapter 1-5 | SME/ENTREPRENEURSHIP DEPARTMENT
-
4. ENTREPRENEURIAL EDUCATION AS A TOOL FOR REDUCING UNEMPLOYMENT IN NIGERIA
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Entrepreneurial education is the incorporation into the student syllabus steps involved in starti...Continue Reading »Item Type & Format: Project Material - Ms Word | 69 pages | Instant Download | Chapter 1-5 | SME/ENTREPRENEURSHIP DEPARTMENT
-
5. THE IMPACT OF GOVERNMENT FUNDING ON THE PROMOTION AND DEVELOPMENT OF SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY The production of goods and services in the most efficient manner has continued to be the only vi...Continue Reading »Item Type & Format: Project Material - Ms Word | 54 pages | Instant Download | Chapter 1-5 | SME/ENTREPRENEURSHIP DEPARTMENT
-
6. THE IMPACT OF MICROFINANCE BANK ON THE PERFORMANCE OF SMALL SCALE BUSINESSES IN DELTA STATE
» CHAPTER ONE INTRODUCTION 1.1 AN OVERVIEW OF THE STUDY OBJECTIVES OF THE STUDY The general objective of this study is to examine the impact of micro fi...Continue Reading »Item Type & Format: Project Material - Ms Word | 76 pages | Instant Download | Chapter 1-5 | SME/ENTREPRENEURSHIP DEPARTMENT
-
7. POWER SUPPLY AND THE PERFORMANCE OF SMALL AND MEDIUM SCALE INDUSTRIES IN NIGERIA FROM 1986-2010
» Abstract This research work centers on the power supply and the performance of small and medium scale industries in Nigeria from 1986 – 2010. Ca...Continue Reading »Item Type & Format: Project Material - Ms Word | 48 pages | Instant Download | Chapter 1-5 | SME/ENTREPRENEURSHIP DEPARTMENT
-
8. THE EFFECT OF ENVIRONMENTAL FACTORS ON THE PERFORMANCE OF SMALL AND MEDIUM SCALE BUSINESSES IN NIGERIA
» CHAPTER ONE 1.1. BACKGROUND OF STUDY There is controversy that small and medium scale business in any country where they operate play important role i...Continue Reading »Item Type & Format: Project Material - Ms Word | 70 pages | Instant Download | Chapter 1-5 | SME/ENTREPRENEURSHIP DEPARTMENT
-
9. THE IMPACT AND ROLE OF ENTREPRENEURSHIP ON THE ECONOMIC GROWTH OF NIGERIA
» CHAPTER ONE INTRODUCTION 1.1 Background Of The Study Some entrepreneurship growth, their faith could usually be determined at an early stage of operat...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | SME/ENTREPRENEURSHIP DEPARTMENT
-
10. THE EFFECT OF BANK RECAPITALIZATION ON THE PERFORMANCE OF SMALL AND MEDIUM SCALE ENTERPRISE IN NIGERIA
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Small and Medium Enterprises (SMEs) play a vital role in the development of national economy. Due...Continue Reading »Item Type & Format: Project Material - Ms Word | 79 pages | Instant Download | Chapter 1-5 | SME/ENTREPRENEURSHIP DEPARTMENT