The role of an efficient and effective tax system in the attainment of millennium development goals MDGs - a case study of the state board of internal revenue office Department: Accountancy By: peterjohn Project ID: 2860 Rating: (3.2) votes: 11Rate this project12345 Price:₦2000 Get the Complete MaterialAbstractThe level of revenue generated in the state has been in a declining form due to poor administration and collections of taxes and a lack of proper return of accounts. These are the negative effects that affect government revenue generation which is targeted to meet her basic functions like provision of basic amenities for her citizenry in the state. The aim of this research study is to evaluate the role of an efficient and effective tax system in the attainment of millennium development goals in Kogi state. The research design adopted in this study was survey research method. Primary and secondary sources of data were used in collecting information which was analyzed using simple percentages and hypothesis tested using chi-square statistical method at 0.05 level of significance for validity and to make decisions. Findings show that there was a rampant incidence of tax evasion and avoidance in the state, and the tax administration in Kogi is inadequate, not effective and not efficiently managed thus: inadequate staff and facilities also hinder tax administration and collection. The researcher, in the final analysis, drew a lasting conclusion, some of which are:- the apathy of Kogi state people towards payment of tax could be reduced by involving them in the decision making of tax administration, collection and utilization of the tax revenue. The environment should be made better by both the government and its agencies. The staff of the SBIR Kogi should be well remunerated and ensure adequate administration of tax laws in accordance with the laid down rules and regulations. ...Preview Download Preview +Other Accountancy project topics and materials you might be interested in»The Impact of Accounting Ratio in Decision Making ( A Case Study of Nigeria Breweries Plc Enugu) »The impact of budget and budgetary control in tertiary institutions ( A Case study of imo state university )»Internal control as a tool for improving profitability»The role of financial institutions in the development of Nigeria economy»Impact of computerization of accounting system of commercial banks ( A case study of union bank plc )»The Impact of product development on banks performance ( A Case study of first bank plc )»Role of good accounting system in the management of private enterprise in Nigeria ( A Case Study of Nwaogo pam paper mills limited )»Effects of standard costing on the profitability of manufacturing companies (a case study of nigerian breweries plc, Ama, Udi local government of Enugu state) »The role of accounting system in measuring organizational performance of transport company ( A Case study of ABC Transport )»Auditing in Nigeria companies, problems and prospects»Effective internal control as an aid to management efficiency ( Case Study of Nigeria Bottling Company Owerri )»The effects of computerized accounting system on the performance of banking industry in Nigeria»Effect of misrepresentation of information in a financial statement»The impact of development finance institutions (DFIS) in economic development of Nigeria»An appraisal of fraud prevention measures in Nigerian banking sector ( Case study of access bank plc owerri )