Tax Compliance and Digitalization of Nigerian Economy: The Empirical Review

Abstract

The paper examined the effect of digitalization of economy on tax compliance in Nigeria. The researcher adopted the survey strategy and use structured questionnaire to collect data. The data was sourced from the Federal Inland Revenue Service (FIRS)in AkwaIbom State. The data was collected from the entire population of the staff at the FIRS, which was forty (40). The simple percentage, descriptive statistics, and linear regression techniques were used to analyze the data. The results suggest that tax compliance is negatively influenced when economy is digitalised. It is therefore recommended that the government of Nigeria should consider developing tax policy that would aid taxing e-transactions, tax education and including taxation of e-transactions in the tax laws. Doing so would likely improve tax compliance and thus boost digital transactions contribution to government revenue.

The Effect of Financial Statement Integration and Accountability Characteristics on Taxpayer Compliance Moderated by Nationalism

“…The integration of financial statements is the provision of information stated in the financial statements and can be explained in detail, honestly, and real. The results of this study are the same as the results of research which conducted Etim et al, (2020) and Maulana dan Marismiati (2020) shows that the integration of financial reports makes the public more confident in the performance of the government. In addition, people who are proud of their country and feel obliged to pay taxes.…”

An Assessment of Tax Digitalisation and Tax Compliance Relationship in Cameroon: The Mediating Role of Behavioural Intentions

“…2018/022 of Dec 2018 of the 2019 finance law is the birth law for the digitalisation of taxes in Cameroon which the initiation face of the e-tax procedure effectively in 2021. Section fourteen (14) of 2019 finance law provides for the payment of customs duties and taxes using electronic means. The article state "the customs administration shall be authorized to collect customs duties and taxes electronically through a secure platform including banks and telephone in accordance with the terms and conditions set out by special instrument".…”

“…whereas Ajzen, (1991) defined intentions as the number of effects a person is willing to put in other to perform some particular behavior. According to Fishbein and Azjen [14], they defined behavioural intentions as the "perceived likelihood of performing a target behaviour. The behavioral intentions of a tax payer depend on how the individual perceive that he/she is going to act towards the digital tax system.…”

Digitalization and the Changing Landscape of Tax Compliance (Challenges and Opportunities)

“…On the only hand, digitalization has resulted in accelerated efficiency, simplification of techniques and elevated international connectivity in worldwide exchange and customs. On the other hand, digitalization has given an upward push to new complexities, which includes cyber protection risks, information privateness issues, and regulatory compliance issues (Etim, 2020). In the context of tax compliance, digitalization has caused the emergence of various forms of tax incentives that can inspire people to comply with their tax obligations.…”