ELECTRONIC TAX SYSTEM AND TAX REVENUE EFFICIENCY IN NIGERIA 2008 -2021

Abstract

The study examined electronic tax system and tax revenue efficiency in Nigeria 2008 -2021. The objectives of the study were among others; to examine the difference between pre-post company’s income tax and tax revenue efficiency in Nigeria, to determine the difference between pre-post petroleum profit tax and tax revenue efficiency in Nigeria, to evaluate the difference between member pre-post capital gain tax and tax revenue efficiency in Nigeria. The study adopted quasi-experimental study designs. The population and sample size of the study was the entire 36 states and the federal capital territory of Nigeria. Covering fourteen (14) years (2008-2021) of federal government of Nigeria taxes and tax revenue efficiency. The formulated research questions were analyzed with descriptive statistics. The hypotheses were tested using The paired sample t-test also called Pre-Post Test analysis. The findings of the study among others were that; there is significant difference between Pre-Post electronic company’s income tax and tax revenue efficiency in Nigeria. Also, there is not significant difference between Pre-Post electronic petroleum profit tax and tax revenue efficiency in Nigeria. And there is significant difference between Pre-Post electronic capital gain tax and tax revenue efficiency in Nigeria. The study recommended that; Government should ensure compliance to electronic tax payments system because electronic taxation system in term of company income tax generate more revenue in Nigeria. And Federal government through Federal Inland Revenue Services (FIRS) and Nigerian National Petroleum Corporation (NNPC) should work out modalities on how to sensitize oil companies and penalize corporate tax officials so as to maximize the expected positive impact of the of E-tax payment.