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PROJECT TOPIC AND MATERIAL ON THE PROBLEMS OF PERSONAL INCOME TAX GENERATION AND ADMINISTRATIONS
The Project File Details
- Name: The Problems Of Personal Income Tax Generation And Administrations
- Type: PDF and MS Word (DOC)
- Size: [70 KB]
- Length:  Pages
It has been popularly known and an established fact to the people in the state that the era of economic boom of gigantic proportion which was popularly nicknamed the OIL BOOM is order and therefore, a call for the need for increased drive for revenue generation has become inevitable. Now states have generally intensified their efforts for generation of taxes in their various state in orders supplement whatever they are able to grab from the federal government as their own allocation known as share national cake.
This augmentation of federal government revenue generation by the imposition of taxes on the individuals, companies and commodities, if efficiently managed and carried out will help the state government eschews shackles of the economic recessive bondage which is the main problem disturbing the increased standard of living of individuals anywhere in the world therefore, it is the main objectives of the study to take a critical examination and evaluation of the taxation as a source of revenue for government (Enugu-State) and after the analysis the research is cleared to find the pervading problems and therefore a well planned recommendations for the reformation of taxation system, is formulated.
This work focus to the need for increased drive for revenue in the state and problems militating against such optional revenue generation.
1.1 BACKGROUND OF THE STUDY
It may be recalled that ENUGU state is the state carved out of the former Anambra state which is one of the states created from the former eastern region although the capital still remain that of ENUGU. It was well understood from history that the some Eastern region was the last to accept and fall to the regulations as laws of the taxation system introduced by the Europeans who colonized Nigeria.