Impact of tax fairness and tax knowledge on tax compliance behavior of listed manufacturing companies in Nigeria
Tax compliance is a major contemporary debate surrounding corporate taxation in the business world. The tax avoidance issue, which remains an ethical problem for companies, has been a general concern in developed and developing countries alike. The main problem of this study is a non-tax compliance...
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| Format: | Article |
| Language: | English |
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LLC "CPC "Business Perspectives"
2022-01-01
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| Series: | Problems and Perspectives in Management |
| Subjects: | |
| Online Access: | https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/16053/PPM_2022_01_Oladipo.pdf |
| _version_ | 1811332498462867456 |
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| author | Olufemi Oladipo Tony Nwanji Damilola Eluyela Bitrus Godo Adekunle Adegboyegun |
| author_facet | Olufemi Oladipo Tony Nwanji Damilola Eluyela Bitrus Godo Adekunle Adegboyegun |
| author_sort | Olufemi Oladipo |
| collection | DOAJ |
| description | Tax compliance is a major contemporary debate surrounding corporate taxation in the business world. The tax avoidance issue, which remains an ethical problem for companies, has been a general concern in developed and developing countries alike. The main problem of this study is a non-tax compliance behavior of the corporate organization taxpayers in Nigeria. This study examined the influence of tax fairness on the tax compliance behavior of listed manufacturing companies in Nigeria. The paper adopted a survey research method, and four hundred (400) copies of the questionnaire were administered to the selected manufacturing companies of both consumer and industrial goods sectors. The Laffer Curve Theory underpinned this study and Correlation Analysis, Analysis of Variance (ANOVA), and Multiple Regression Analysis were also employed. The study found that there is a significant level of tax compliance among the listed manufacturing companies in Nigeria. The study also shows that the corporate taxpayer’s perception of fairness of –2.765 (0.006) has a significant impact on corporate taxpayers’ willingness to pay taxes and tax knowledge of 4.601 (0.000) significantly influenced tax compliance. Based on tax knowledge, the study recommends that tax authorities must improve the knowledge of taxpayers and tax collection agents through programs, initiatives, and training on tax awareness. |
| first_indexed | 2024-04-13T16:37:01Z |
| format | Article |
| id | doaj.art-3218ff27d69243418a329a8b0f3e13ea |
| institution | Directory Open Access Journal |
| issn | 1727-7051 1810-5467 |
| language | English |
| last_indexed | 2024-04-13T16:37:01Z |
| publishDate | 2022-01-01 |
| publisher | LLC "CPC "Business Perspectives" |
| record_format | Article |
| series | Problems and Perspectives in Management |
| spelling | doaj.art-3218ff27d69243418a329a8b0f3e13ea2022-12-22T02:39:23ZengLLC "CPC "Business Perspectives"Problems and Perspectives in Management1727-70511810-54672022-01-01201414810.21511/ppm.20(1).2022.0416053Impact of tax fairness and tax knowledge on tax compliance behavior of listed manufacturing companies in NigeriaOlufemi Oladipo0https://orcid.org/0000-0003-4570-8996Tony Nwanji1https://orcid.org/0000-0002-0325-4239Damilola Eluyela2https://orcid.org/0000-0002-3080-6385Bitrus Godo3Adekunle Adegboyegun4Ph.D. in Accounting, Lecturer, Landmark University Sustainable Development Goal 4 (Quality Education) Research Group, Department of Accounting and Finance, College of Business and Social Sciences, Landmark UniversityPh.D. in Accounting, Associate Professor, Department of Accounting and Finance, College of Business and Social Sciences, Landmark UniversityPh.D., Lecturer, Department of Accounting and Finance, College of Business and Social Sciences, Landmark UniversityM.Sc. Accounting, Lecturer, Department of Accounting, Federal PolytechnicM.Sc. Accounting, Lecturer, Department of Accounting, Adekunle Ajasin UniversityTax compliance is a major contemporary debate surrounding corporate taxation in the business world. The tax avoidance issue, which remains an ethical problem for companies, has been a general concern in developed and developing countries alike. The main problem of this study is a non-tax compliance behavior of the corporate organization taxpayers in Nigeria. This study examined the influence of tax fairness on the tax compliance behavior of listed manufacturing companies in Nigeria. The paper adopted a survey research method, and four hundred (400) copies of the questionnaire were administered to the selected manufacturing companies of both consumer and industrial goods sectors. The Laffer Curve Theory underpinned this study and Correlation Analysis, Analysis of Variance (ANOVA), and Multiple Regression Analysis were also employed. The study found that there is a significant level of tax compliance among the listed manufacturing companies in Nigeria. The study also shows that the corporate taxpayer’s perception of fairness of –2.765 (0.006) has a significant impact on corporate taxpayers’ willingness to pay taxes and tax knowledge of 4.601 (0.000) significantly influenced tax compliance. Based on tax knowledge, the study recommends that tax authorities must improve the knowledge of taxpayers and tax collection agents through programs, initiatives, and training on tax awareness.https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/16053/PPM_2022_01_Oladipo.pdfmanufacturing companyNigeriatax fairnesstax knowledgetaxation |
| spellingShingle | Olufemi Oladipo Tony Nwanji Damilola Eluyela Bitrus Godo Adekunle Adegboyegun Impact of tax fairness and tax knowledge on tax compliance behavior of listed manufacturing companies in Nigeria Problems and Perspectives in Management manufacturing company Nigeria tax fairness tax knowledge taxation |
| title | Impact of tax fairness and tax knowledge on tax compliance behavior of listed manufacturing companies in Nigeria |
| title_full | Impact of tax fairness and tax knowledge on tax compliance behavior of listed manufacturing companies in Nigeria |
| title_fullStr | Impact of tax fairness and tax knowledge on tax compliance behavior of listed manufacturing companies in Nigeria |
| title_full_unstemmed | Impact of tax fairness and tax knowledge on tax compliance behavior of listed manufacturing companies in Nigeria |
| title_short | Impact of tax fairness and tax knowledge on tax compliance behavior of listed manufacturing companies in Nigeria |
| title_sort | impact of tax fairness and tax knowledge on tax compliance behavior of listed manufacturing companies in nigeria |
| topic | manufacturing company Nigeria tax fairness tax knowledge taxation |
| url | https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/16053/PPM_2022_01_Oladipo.pdf |
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