TAX REFORMS AND INVESTMENT IN NIGERIA: AN EMPIRICAL EXAMINATION
 /  TAX REFORMS AND INVESTMENT IN NIGERIA: AN EMPIRICAL EXAMINATION

TAX REFORMS AND INVESTMENT IN NIGERIA: AN EMPIRICAL EXAMINATION

NWOKOYE, G. A. & ROLLE, R. A.
Abstract
This study is informed by the quest to examine the investment
implication of the series of tax reforms in Nigeria, particularly the tax
reforms of 2003 and National tax policy of 2012. Annual time series
data spanning the years (1981-2012) were utilized. Preliminary
diagnostic test was conducted to examine whether the estimated
model satisfies the OLS assumptions. The basic assumptions of the
OLS were satisfied. The result of the estimated OLS model shows
that tax reform as proxied by VAT and CIT, both positively and
significantly stimulate investment in Nigeria. The study recommends
that efforts should be made towards intensifying the tax reforms.
Further, policies should be directed towards redressing multiple
taxation and high company income tax as both have the tendency to
adversely affect investment.

Journal Article
PDF
Creative Commons LicenseCreative Commons license
Economics
Taxation
Tax reform, Investment, Preliminary diagnostic test, National tax policy
Christian Bassey
18th April, 2018
18th April, 2018
http://oer.mciu.edu.ng/wp-content/uploads/2015/04/Rolle-Remi-Ahuru-14.pdf


Staff Profile Download

MICHAEL AND CECILIA IBRU UNIVERSITY

Ibru Village
Agbarha – Otor
Ughelli North
Delta State
Nigeria

Admissions

CONNECT WITH US

Registry