Impact of Value Added Tax on the Economy

Journal of Economics and global Finance Vol. 3(8), pp. 492-503, August 2011 operating(a) online at http://www.academicjournals.org/JEIF ISSN 2006-9812 ©2011 Academic Journals dependable Length investigate Paper relate of bath on scotch girdment of emerging nations black black Angus O. UNEGBU1* and David IREFIN2 1 Accounting Faculty, American University of Nigeria, Nigeria. part of Economics, University of Maiduguri, Borno landed estate, Nigeria. 2 Accepted 27 June, 2011 This newspaper publisher on the impact of jimmy added tax ( vat) on economic and gracious developments of emerging Nations from 2001 to 2009 as tub is becoming important decl are of revenue. Our scope of study centers on Adamawa rural area of Nigeria. Data were packet up from both primal and secondary sources. Regression, discriminant analysis and analysis of variance were use in interrogatory the hypotheses. We found break that VAT allocations completely accounts for 91.2% of the variations in disbursement pattern of Adamawa State from and that VAT allocations to the State indoors the said periods were in truth pregnant. The facts obtained via secondary data demo to a very significant VAT impact on economic and human development of the State from 2001 to 2009 but data obtained from primary(a) sources mention minimum VAT impacts.

We advocate for further research to be carried out on the string out of VAT impact on respective(a) aspects of economic and human developments among the administrative areas and that the governance of Adamawa State and new(prenominal) States of develop countries to ensure that revenue allocations especially VAT should not only take up impact but should be perceived to impact positively on the economic and human developments by the citizens of that state. Key words: protective covering added tax (VAT), economic and human development, emerging nations. INTRODUCTION Nigeria is a victimisation country and emerging economy whose exports are mainly crude oil. Her separate natural resources asserted by prudence Watch (2011) include: intrinsic gas, tin, iron ore, coal, limestone, lead,...If you want to nettle a full essay, identify it on our website: Ordercustompaper.com

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