Title:
AN OVERVIEW OF TAX POLICY AND ADMINISTRATION IN NIGERIA

Authors:
Fatoki Jacob Obafemi

Abstract:
Tax administration is a body responsible for implementing and governing the tax laws and other tax related matter. They are held responsible for assessing, collecting and administering tax processes. For any nation desiring to be economically independent, such a nation must consider one of the major tools for economic development “TAX”. It is one of the major fiscal policies used by the government in regulating the economy of the country and in increasing the income of government. The main objectives of this wok are to examine the problems and prospect of tax policy and administration in Nigeria. The methods of data collection are based on secondary sources and field survey by the researcher. The study consists of five chapters: section one covers the background of the study, statement of the problems, research objectives, research questions, research hypothesis, scope of the study, significance and limitations of the study. section two, literatures of different authors on tax administration and tax assessment were discussed: in section three, the methods adopted in carrying out the study were explained and likewise the research design, population of the study, research instrument and method of data collection. Section four involves mainly the data presentation and analysis, and the hypotheses already formulated were fully tested with ANOVA. Section five comprises of the summary, conclusion and recommendation that were suggested.

Keywords:
Policy, Taxation, Administration, Fiscal policy and Economic stability