Taxation in a Decentralized Value Added Tax Regime: Implications for States in Nigeria

Updata:01-01-1970

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By:Sani Alfred Ilemona, Sunday Nwite

DOI: https://doi.org/10.30564/jsbe.v5i3.18

Abstract:

The study examined the implication of a decentralized Value Added Tax system for states in Nigeria. It is a theoretical presentation that made is made of journals, articles, and data from the National Bureau of Statistics (NBS) accessed on Google Scholar Websites. A total of eighty (80) articles were accessed. Results from a theoretical review revealed that while few states in Nigeria are in favor of a decentralized VAT administration in the country, quite a number of them (States) are averse to the new VAT regime due to differences among the states in terms of volume of business activities and economic power as many of the states rely on federal allocation. The study, therefore, recommends Partial Decentralization (PD) of VAT administration in Nigeria as a measure of autonomy for states that will guarantee fairness in resource control in the Nigerian Society.

References:

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