THE IMPACT OF ICT ON TAXATION: EVIDENCE FROM OYO STATE
This study investigated the impact of ICT on revenue generated from tax in Oyo State. Primary data were collected through administered questionnaire from staff of Oyo State board of internal revenue service and other taxpayers. Three hundred and fifty (350) questionnaires were distributed and admini...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Nicolaus Copernicus University in Toruń
2020-06-01
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| Series: | Copernican Journal of Finance & Accounting |
| Subjects: | |
| Online Access: | https://apcz.umk.pl/CJFA/article/view/30360 |
| _version_ | 1797727572644069376 |
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| author | Tajudeen Adejare Adegbite Mustapha Bojuwon Adenike Foluke Adegbite |
| author_facet | Tajudeen Adejare Adegbite Mustapha Bojuwon Adenike Foluke Adegbite |
| author_sort | Tajudeen Adejare Adegbite |
| collection | DOAJ |
| description | This study investigated the impact of ICT on revenue generated from tax in Oyo State. Primary data were collected through administered questionnaire from staff of Oyo State board of internal revenue service and other taxpayers. Three hundred and fifty (350) questionnaires were distributed and administered among the staff of state board of internal revenue service and tax payers out of which 300 was returned. Data were analyzed using descriptive statistics, chi- square, ANOVA and Multivariate Analysis of Variance and Covariance (MANOVA) to test the hypothesis formulated. It is concluded that ICT has positive significant and statistical impact on tax revenue generation in Oyo State. ICT is a highly effective tool which enhances taxation cash inflow in the state. It is suggested that government should lay much emphases on digital tax through good governance practices on ICT with a comprehensive accounting platform which would improve the productivity of assigned tax authorities in more accurate, effective, and accountable manner. |
| first_indexed | 2024-03-12T11:01:37Z |
| format | Article |
| id | doaj.art-92bd331a3da44204a40ba67dfa9c2a4e |
| institution | Directory Open Access Journal |
| issn | 2300-1240 2300-3065 |
| language | English |
| last_indexed | 2024-03-12T11:01:37Z |
| publishDate | 2020-06-01 |
| publisher | Nicolaus Copernicus University in Toruń |
| record_format | Article |
| series | Copernican Journal of Finance & Accounting |
| spelling | doaj.art-92bd331a3da44204a40ba67dfa9c2a4e2023-09-02T05:33:01ZengNicolaus Copernicus University in ToruńCopernican Journal of Finance & Accounting2300-12402300-30652020-06-0184THE IMPACT OF ICT ON TAXATION: EVIDENCE FROM OYO STATETajudeen Adejare Adegbite0Mustapha Bojuwon1Adenike Foluke Adegbite2Al-Hikmah UniversityFountain UniversityUniversity of IlorinThis study investigated the impact of ICT on revenue generated from tax in Oyo State. Primary data were collected through administered questionnaire from staff of Oyo State board of internal revenue service and other taxpayers. Three hundred and fifty (350) questionnaires were distributed and administered among the staff of state board of internal revenue service and tax payers out of which 300 was returned. Data were analyzed using descriptive statistics, chi- square, ANOVA and Multivariate Analysis of Variance and Covariance (MANOVA) to test the hypothesis formulated. It is concluded that ICT has positive significant and statistical impact on tax revenue generation in Oyo State. ICT is a highly effective tool which enhances taxation cash inflow in the state. It is suggested that government should lay much emphases on digital tax through good governance practices on ICT with a comprehensive accounting platform which would improve the productivity of assigned tax authorities in more accurate, effective, and accountable manner.https://apcz.umk.pl/CJFA/article/view/30360ICTtaxationchi-squareMANOVArevenue |
| spellingShingle | Tajudeen Adejare Adegbite Mustapha Bojuwon Adenike Foluke Adegbite THE IMPACT OF ICT ON TAXATION: EVIDENCE FROM OYO STATE Copernican Journal of Finance & Accounting ICT taxation chi-square MANOVA revenue |
| title | THE IMPACT OF ICT ON TAXATION: EVIDENCE FROM OYO STATE |
| title_full | THE IMPACT OF ICT ON TAXATION: EVIDENCE FROM OYO STATE |
| title_fullStr | THE IMPACT OF ICT ON TAXATION: EVIDENCE FROM OYO STATE |
| title_full_unstemmed | THE IMPACT OF ICT ON TAXATION: EVIDENCE FROM OYO STATE |
| title_short | THE IMPACT OF ICT ON TAXATION: EVIDENCE FROM OYO STATE |
| title_sort | impact of ict on taxation evidence from oyo state |
| topic | ICT taxation chi-square MANOVA revenue |
| url | https://apcz.umk.pl/CJFA/article/view/30360 |
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