Home»Accountancy» Determinants of tax evasion in Benue state

Determinants of tax evasion in Benue state

 Department: Accountancy  
 By: usericon Johngrey  

 Project ID: 4662
   Rating:  (3.2) votes: 11
Rate this project
This research was carried out to identify the determinants of tax evasion in Benue State. The research employed the survey research design to randomly select 100 respondents for the population of taxpayers in the state. The data collected were subjected to both descriptive and inferential statistics. Data were analyzed using regression analysis. The results show that majority of the tax payers were civil servants who earn between N500,000– N1,000,000 (52%) and also had tertiary education (47%).  The result indicates that tax rate (TR) has a mean value of 3.20 and a standard deviation of 1.02, tax system (TS) has a mean value of 2.85 and a standard deviation of 0.88, corruption level (CR) level has a mean value of 3.29 and a standard deviation of 1.03, income level has a mean value of 3.17 and a standard deviation of 1.39 and education level has a mean value of 3.55 and a standard deviation of 0.96. The stated null hypotheses were rejected and the alternative accepted because the predicted directions of the relationships between variables were all supported. It was found that all these five variables have positive relationships with tax evasion, which is contrary to the proposed null hypotheses. The study also concluded that the major determinants of tax evasion in Benue state are, tax rate, tax system, corruption, income level and educational levels. It was further recommended that the government put all measures in place to check these variables that cause tax evasion....
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
»Impact of computerization of accounting system of commercial banks ( A case study of union bank plc )
»The role of financial institutions in the development of Nigeria economy
»The Impact of product development on banks performance ( A Case study of first bank plc )
»Effects of standard costing on the profitability of manufacturing companies (a case study of nigerian breweries plc, Ama, Udi local government of Enugu state)
»Role of good accounting system in the management of private enterprise in Nigeria ( A Case Study of Nwaogo pam paper mills limited )
»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
»The effects of computerized accounting system on the performance of banking industry in Nigeria
»Effective internal control as an aid to management efficiency ( Case Study of Nigeria Bottling Company Owerri )
»The impact of development finance institutions (DFIS) in economic development of Nigeria
»Effect of misrepresentation of information in a financial statement
»An appraisal of fraud prevention measures in Nigerian banking sector ( Case study of access bank plc owerri )

Upload Project

Do you have project materials to share? Upload and earn with it.