VAT compliance and the influence of political and business environment: a proposed framework for Nigerian SMEs
Oil producing country like Nigeria, for so long has depends largely on petroleum profit tax revenue and seem knowingly had less emphasised on taxes from non-oil sources. However, recent worldwide dropped in the oil prices, which continually lower the tax revenue, alerted the government to consider t...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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IDOSI Publications
2017
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| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/26342/1/AJBMS%208%202%202017%2013%2020.pdf |
| _version_ | 1825805457251368960 |
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| author | Nura, Mohammed Abdul Jabbar, Hijattulah Ibrahim, Idawati |
| author_facet | Nura, Mohammed Abdul Jabbar, Hijattulah Ibrahim, Idawati |
| author_sort | Nura, Mohammed |
| collection | UUM |
| description | Oil producing country like Nigeria, for so long has depends largely on petroleum profit tax revenue and seem knowingly had less emphasised on taxes from non-oil sources. However, recent worldwide dropped in the oil prices, which continually lower the tax revenue, alerted the government to consider tax policy decision
and administration of non-oil tax revenue. This article focuses on Value Added Tax (VAT) as the available data indicating an alarming trend about VAT noncompliance, especially the small and medium enterprises. Factors that influence compliance behaviour are numerous and derived from various theory and models However, the majority of the studies on factors determing tax compliance concentrated mainly on income tax. By utilising the economics deterrence model, this paper discusses and proposes a VAT compliance framework that incorporates the political environment and business environment as determinants of VAT compliance behaviour in the Nigerian context. |
| first_indexed | 2024-07-04T06:32:37Z |
| format | Article |
| id | uum-26342 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T06:32:37Z |
| publishDate | 2017 |
| publisher | IDOSI Publications |
| record_format | eprints |
| spelling | uum-263422020-11-01T07:41:29Z https://repo.uum.edu.my/id/eprint/26342/ VAT compliance and the influence of political and business environment: a proposed framework for Nigerian SMEs Nura, Mohammed Abdul Jabbar, Hijattulah Ibrahim, Idawati HF5601 Accounting Oil producing country like Nigeria, for so long has depends largely on petroleum profit tax revenue and seem knowingly had less emphasised on taxes from non-oil sources. However, recent worldwide dropped in the oil prices, which continually lower the tax revenue, alerted the government to consider tax policy decision and administration of non-oil tax revenue. This article focuses on Value Added Tax (VAT) as the available data indicating an alarming trend about VAT noncompliance, especially the small and medium enterprises. Factors that influence compliance behaviour are numerous and derived from various theory and models However, the majority of the studies on factors determing tax compliance concentrated mainly on income tax. By utilising the economics deterrence model, this paper discusses and proposes a VAT compliance framework that incorporates the political environment and business environment as determinants of VAT compliance behaviour in the Nigerian context. IDOSI Publications 2017 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/26342/1/AJBMS%208%202%202017%2013%2020.pdf Nura, Mohammed and Abdul Jabbar, Hijattulah and Ibrahim, Idawati (2017) VAT compliance and the influence of political and business environment: a proposed framework for Nigerian SMEs. Asian Journal of Business Management Studies (AJBMS), 8 (2). pp. 13-20. ISSN 2222-1387 https://www.idosijournals.org/ajbms/ajbms8(2)17.htm |
| spellingShingle | HF5601 Accounting Nura, Mohammed Abdul Jabbar, Hijattulah Ibrahim, Idawati VAT compliance and the influence of political and business environment: a proposed framework for Nigerian SMEs |
| title | VAT compliance and the influence of political and business environment: a proposed framework for Nigerian SMEs |
| title_full | VAT compliance and the influence of political and business environment: a proposed framework for Nigerian SMEs |
| title_fullStr | VAT compliance and the influence of political and business environment: a proposed framework for Nigerian SMEs |
| title_full_unstemmed | VAT compliance and the influence of political and business environment: a proposed framework for Nigerian SMEs |
| title_short | VAT compliance and the influence of political and business environment: a proposed framework for Nigerian SMEs |
| title_sort | vat compliance and the influence of political and business environment a proposed framework for nigerian smes |
| topic | HF5601 Accounting |
| url | https://repo.uum.edu.my/id/eprint/26342/1/AJBMS%208%202%202017%2013%2020.pdf |
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