ELECTRONIC TAXATION SYSTEM AND REVENUE GENERATION EFFECTIVNESS IN NIGERIA: A PRE-POST ANALYSIS

Abstract

Tax administration in Nigeria has continuously been influenced with several loopholes,
discrepancies, complications in filing and collection of taxes. Electronic taxes provide the
mechanism for the improvement of tax assessment and collection. This study empirically
investigated the correlation between electronic taxation and revenue generation in Nigeria. The
used three research hypotheses and was anchored on innovation diffusion theory. The study
employed ex post facto research design and quarterly time series data from 2012 to 2020. The
data collected was analysed using descriptive statistics and pre-post Test. The t-test results
showed a significant difference between pre-post electronic company income tax and revenue
generation in Nigeria; there is a significant difference between pre-post electronic value-added
tax and revenue generation in Nigeria and there is no significant difference between Pre-Post
electronic capital gain tax and revenue generation in Nigeria. On the basis of the t-test analysis,
the study concluded that there is significant difference between pre electronic taxation and post
electronic taxation system on revenue generation effectiveness in Nigeria. Therefore, on the
basis of the conclusion, the study recommended amongst others that government should ensure
compliance to electronic tax payments system because electronic taxation system in term of
company income tax and value-added tax generate more revenue in Nigeria.