Strategic Tax Policy Enforcement as a Tool for Revenue Generation in Nigeria
Oseji, Akpors Sunday & Olusola, Olubokunla O.
Department of Business Education
College of Vocational and Technical Education
Tai Solarin University of Education, Ijagun, Ogun State
E-mail: akporsej@yahoo.com, olusolaolubunkolat2012@gmail.com
Corresponding Author: Oseji, Akpors Sunday
ABSTRACT
This paper attempts to analyse the strategic tax policy and its ability to reduce tax evasion and generate revenue for development desire of the populace. The study made use of 1000 survey questionnaires containing 25 relevant questions. Descriptive statistics were used to analyse 967 usable responses. The study found among other things that increasing tax revenue is a function of effective enforcement strategy which is the pure responsibility of tax administration. Nigeria lack enforcement machineries which include among other things, adequate manpower, effective policy, political will, computers and effective postal and communication system. The study has clear practical implications for tax practitioners and governments policy makers in developing countries in particular.
Keywords: Strategy, Tax policy, Government revenue, Tax evasion, Tax assessment.
