The Effect Of Corporate Tax On The Profitability Of Business Organization
TABLE OF CONTENT
CHAPTER ONE
- Introduction                                                                           1
1.1    Background of the study                                                        1
- Statement of problem                                                   2
- Purpose of the study                                                     4
- Significance of the study                                                        4
- Definition of terms                                                                 5
CHAPTER TWO
- Review of related literature                                           8
2.1    The origin of corporate tax in Nigeria                                    8
- Why the corporate tax                                                  10
- Corporate tax as a tool of checking inflation and deflation.13
- Government effort towards to check taxation                        14
- Cannons of taxation                                                     16
- The effect of taxation on economic activities                          18
- The incidence of taxation                                                       19
- The effect of corporate tax on the profitability of business organization.                                                          20
CHAPTER THREE
- Findings                                                                        22
- Conclusion                                                                    23
- Recommendation                                                          23
Bibliography                                                                          25
Journals                                                                                  26
CHAPTER ONE
- INTRODUCTION
1.1Â Â Â Â BACKGROUND OF THE STUDY
Prior to the colonial era in Nigeria, taxes were paid from produce, cowries, etc to the chiefs in the form of tribute. In the Northern region, cows were used to pay taxes.
The legal history of Nigeria tax system can be traced to Nigeria native custom and tradition, where in spite of the denial of the name law to customary by John Austin. Under the native customs and traditions, Nigerians cheerfully pay their taxes in kind by rendering free services to the community in which they lived, the few tax defaulters were punished by erecting community building, such as the manor house at Iseyin or by slaughtering their fattest cattle for the benefit of the community.