The Law and Economic Implications of Nigeria’s Focus on Consumption Taxes

Posted: 29 May 2020

Date Written: April 14, 2020

Abstract

The recent changes in the rates of taxes in Nigeria have not gone unnoticed by would-be tax payers and defaulters. The world over, tax compliance has always been a topical issue with every government devising creative means of collecting all taxes due on various incomes/transactions carried out within its jurisdiction. The dwindling income from crude oil which is Nigeria’s major source of revenue compels the government, both at the Federal and state levels, to explore alternative sources of revenue through taxation, to sustain the economy and to undertake capital projects.

Keywords: Taxation Law, Consumption taxes, Nigeria

Suggested Citation

Badmos, Abdulkabir, The Law and Economic Implications of Nigeria’s Focus on Consumption Taxes (April 14, 2020). Available at SSRN: https://ssrn.com/abstract=3590031

Abdulkabir Badmos (Contact Author)

SPA Ajibade & Co. ( email )

Nigeria

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