Infrastructural Development and Tax Compliance of Small and Medium Enterprises Owners in Lagos State, Nigeria
Keywords:
Infrastructural development, Tax compliance, Small and Medium Scale Enterprise
Abstract
Tax compliance has been a front-burner issue in Nigeria because of the dwindling income accruing into the government coffers resulting from loss of oil revenue. Several studies had been carried out on factors affecting tax compliance and to extend literature, this study examined the SME owners' perception of infrastructural development and tax compliance in Lagos State, Nigeria. By means of survey research design, the study made use of primary data gathered through a well-structured Likert linear scale questionnaire. From a population of 11,663, a sample size of 400 hundred was used, which resulted in the distribution of 400 copies of the valid questionnaire. 364 copies of questionnaire were returned out of which a total of 342 copies were found to be useful. One hypothesis was formulated for the study and tested using Pearson correlation and multiple regression tools. The result of the study indicated that infrastructural development has a significant and positive influence on tax compliance of small and medium enterprise owners. The study recommends that the government should intensify efforts at developing the level of infrastructure in the State. Also, project execution should be tailor-made and specifically carried out to meet the needs of the people which would help taxpayers derive satisfaction from paid taxes.
References
Adebisi, J. F., & Gbegi, D. O. (2013). Effect of tax avoidance and tax evasion on personal income tax administration in Nigeria. American Journal of Humanities and Social Sciences, 1(3), 125-134.
Adejoh, E., & Sule, J.E. (2013). Revenue generation: It’s impact on government developmental effort (a study of selected local council in Kogi East Senatorial District). Global Journal of Management and Business Research Administration and Management, 13(3), 1-15.
Adeyeye, G. B. (2013). The impact of taxpayers’ perception of good governance on voluntary tax compliance in Lagos State, Nigeria. An unpublished Doctoral thesis submitted to the School of Postgraduate Studies, University of Lagos. Akoka.
African Development Bank Group (2013). Infrastructural development report: Tracking Africa’s progress. Retrieved on October 28, 2019 from www.afdb.org/en/knowledge/publications.
Alabi, M.O. & Ocholi, I. (2010). State of infrastructure and funding in Kogi state, Nigeria. Current Research Journal of Social Sciences, 2(3), 209-213.
Aladejebi, O. (2018) Measuring tax compliance among small and medium enterprises in Nigeria. International Journal of Accounting and Taxation, 6(2), 9-40
Aizenman, J., & Jinjarak, Y. (2008). The collection efficiency of the value added tax: theory and international evidence. The Journal of International Trade and Economic Development,
17(3), 391-410.
Ajide, F. M., Raimi, A. H., & Oyetade, J. A. (2014). Environmental sustainability and financial performance of small and medium Enterprises (SMEs) in Nigeria: A study of selected firms in Lagos State. International Journal of Management Sciences and Humanities, 2(2), 39-55
Ajiteru W. O., Adaranijo, L. O., & Bakare, L.A. (2018). Tax revenue and infrastructural development in Osun State. International Journal of Innovative Finance and Economics Research, 6(2), 50-61.
Akinwale, A. A. (2010). Menace of inadequate infrastructure in Nigeria. African Journal of Science, Technology, Innovation and Development, 2(3), 207-228.
Anyaduba, J. O., & Aronmwan, E. J. (2015) Taxes and infrastructural development in Nigeria Nigerian Journal of Banking, Finance and Entrepreneurship Management, 1, 14 - 28
Anyanfo, A.M.O. (1996). Public finance in a developing economy: The Nigerian Case. Department of Banking and Finance, University of Nigeria, Enugu Campus.
Appah, E., & Ebiringa, O.T. (2012). Petroleum profit tax and economic growth in Nigeria. International Journal of Management Sciences and Business Research, 1(9), 12-22
Artur-Swistak M. A. (2015). Tax penalties in SME tax compliance. Warsaw School of Economics, 162(2), 5-54.
Badara, M.S. (2012). The effect of tax audit on tax compliance in Nigeria: A study of Bauchi State Board of Internal Revenue, Research Journal of Finance and Accounting, 3(4), 74-81.
Batt, H.W. (2012). Tax regimes that don’t invite corruption. International Journal of Transdisciplinary Research, 6(1):65-82.
Bassey, O.U. (2013). Personal Income Tax in Nigeria. CIBN Press Ltd. Lagos, Yaba, Lagos.
Bhartia, H.L. (2009). Public Finance (14th ed.), New Delhi: Vikas Publishing House PVT Ltd
Bird, R.M., & Zolt, E.M. (2003). Introduction to tax policy design and development. Practical Issues of Tax Policy in Developing Countries, World Bank. 28 April-1 May, 2003.
Bird, R., Jorge, M., & Benno, T. (2008). Tax effort in developing countries and high-income countries: the impact of corruption, voice and accountability. Economic Analysis and Policy. 38(1), 55–71.
Brautigam, D., Fjeldstad, O. H., & Moore, M. (Eds.). (2008). Taxation and state-building in developing countries: Capacity and consent, Cambridge: Cambridge University Press.
Brown, R. E., & Mazur, M. J. (2003). IRS’s comprehensive approach to compliance. Paper presented at the National Tax Association Spring Symposium, Washington D.C. USA.
Chigbu, E. E., Eze, A.L., & Appah, E. (2012). An empirical study on the causality between economic growth and taxation in Nigeria. Current Research Journal of Economic Theory 4(2), 29-38.
Chodorow, A. S. (2008). Ability to pay and the taxation of virtual income. Tennessee Law Review, 75(4), 695-715.
Devos, K. (2014). Factors Influencing Individual Taxpayer Compliance Behaviour. Dordrecht:
Springer. Retrieved on 13 September 2019 from https://link-springer-com.eur.idm.oclc.org/book/ 10.1007%2F978-94-007-7476-6.
Edogbanya, A., Adejoh, E., & Sule, J. G. (2013). Revenue generation and its impact on government developmental effort in Kogi east senatorial district. Global Journal of Management and Business Research, 13(4), 9-10.
Elmi, M.A., Kerosi, E., & Timimba O. I. (2015). Relationship between tax compliance and government’s revenue generation at gobonimo market in Somaliland. International Journal of business management and economic research, 6(6), 380-399
Emslie, T.S., Davis, D.M., Hutton, S.J., & Olivier, L. (1995). Income Tax Cases and Materials. 2nd Ed. Cape Town, South Africa: The Taxpayer.
Engelshalk, M. (2004). Creating a favorable tax environment for small business. In J. Alm, J. Martinez-Vazquez and S. Wallace, (Eds). Taxing the hard-to-tax: lessons from theory and practice. Amsterdam: Elsevier
Everest-Phillips, M. (2008), Business tax as state building in developing countries: Applying governance principles in private sector development. International Journal of Regulation and Governance. 8(2), 123-154
Ezu, G. K., & Okoh, J. I., (2016) Effect of tax revenue on selected macro-economic variables in Nigeria (2000-2015). A paper presented at the 2016 International Conference of the Management Sciences of the Nnamdi Azikiwe University, Awka, Anambra State, Nigeria held 8-10th Nov, 2016.
Fidelis, O. N., Jude, O. O. & Ighata, J. A., (2014). Infrastructural development and economic growth in Nigeria: Using simultaneous equation. Journal of Economics, 5(3), 325-332.
Finchman, J. E. (2008) Response Rates and Responsiveness for Surveys, Standards American Journal of pharmaceutical education 72(2):42-46. DOI: 10.5688/aj720243
Gemmell, N., & Hasseldine, J. (2014). Taxpayers' behavioural responses and measures of tax compliance gaps: A critique and a new measure. Fiscal Studies, 20 (35), 275-296.
Halla, M. and Schneider, F.G. (2008) ‘Taxes and Benefits: Two Distinct Options to Cheat on
the State?’. IZA Discussion Paper No. 3536. Bonn: Institute for the Study of Labor.
Hamid, K.T. (2008). SWOT analysis on sources of revenue at state government level. A Paper Presented at the Bi- Annual Conference of the Federal and State Auditors- General Held at Tahir Guest Palace, Kano.
Ishaq, M. (2008). Development in Islamic banking: a financial risk-allocation approach. The Journal of Risk Finance, 9(1), 40-51
James, S., & Alley, C. (2002). Tax compliance, self-assessment system and tax administration. Journal of Finance, and Management in Public Services, 2(2), 27 – 42.
Kirchler, E. (2007). The economic psychology of tax behaviour. Cambridge: Cambridge University Press. www.cambridge.org/9780521757478
Kolade, T & Ajogbor, P. (2019) Nigeria’s unchanging tax to GDP ratio: An Instructive Appraisal. Extracted from www.andersentax.ng.com on October 28, 2019
Kothari, C. R., & Garg, G. (2014). Research Methodology: methods and techniques. (3rd ed). New Delhi: New Age International limited Publishers.
Lieberman, E. (2002). Taxation data as indicators of state-society relations: Possibilities and pitfalls in cross-national research. Studies of Comparative International Development, 36(1), 89-115
Listokin, Y. & Schizer, D. M. (2013). I Like to Pay Taxes: Taxpayer Support for Government Spending and the Efficiency of the Tax System. Faculty Scholarship Series. 4826. Retrieved from https://digitalcommons.law.yale.edu/fss_papers/4826 on October 28, 2019.
Martinez-Vazguez, J. (2001). The Impact of budgets on the poor: Tax and benefit incidence. Georgia State University, USA.
Migap, J.P., (2014). Enhancing infrastructural growth in Nigeria: the sovereign wealth fund strategy. International Journal of Economic Development Research and Investment, 5(2), 61-74.
Muritala, T. A., Awolaj, A. M., & Bako, Y. A. (2013). Impact of small and medium enterprises on economic growth and development. American Journal of Business and Management, 1(1), 18-22. doi:10.11634/21679606170644
Nwite, C.S. (2015). The implications of tax revenue on the economic development of Nigeria. Issues in business management and economics, 3(5), 74-80.
Neill, J. R., (1999). The benefit and sacrifice principles of taxation: A synthesis. Journal of Social Choice and Welfare, 17(1), 117-124. DOI: 10.1007/PL00007169
Obara, C., & Nangih, E. (2017). Tax compliance barriers and internally generated revenue in Nigeria: Empirical from small and medium enterprises in Port Harcourt metropolis. International Journal of Academic Research in Accounting, Finance and Management Sciences, 7(4), 169-176.
Ocheni, S. I. (2015). Impact analysis of tax policy and the performance of small and medium scale enterprises in the Nigerian economy. Strategic Management Quarterly, 3(1), 71-94. doi:10.15640/smq.v3n1a3
Oisasoje, O. M., & Ojeifo, S. A. (2012). The role of public infrastructure in poverty reduction in the rural areas of Edo State, Nigeria. Research on Humanities and Social Sciences, 2(7), 109-120
Okonjo-Iweala, (2014). Okonjo-Iweala's responses to the 50 questions on Nigeria’s economy posed by the House of Representatives’ committee on finance. Retrieved http://saharareporters.com/2014/01/15/okonjo-iwealas-responses-50-questions-nigeria%E2%80%99s-economy-posed-house-representatives%E2%80%99
Oliver, I. I., Edeh, A. C., & Chukwuani, V. N. (2017). Relevance of Tax Revenue Resources to Infrastructural Development of Nigeria. International Journal of Managerial Studies and Research 5(10), 74-81
Oluba, M. N. (2008). Justifying resistance to tax payment in Nigeria. Economic Reflections, 3(3), 1-5.
Organisation for Economic Co-operation and Development (OECD) (2014). Tax Compliance by design: Achieving improved SME tax compliance by adopting a system perspective. Paris: OECD
Organisation for Economic Co-operation and Development (OECD) (2009). Taxation of SMEs. key issues and policy considerations. OECD Tax Policy Studies, No. 18. Paris: OECD.
Owolabi, S.A. & Okwu, A. T., (2011). Empirical evaluation of contribution of value added tax to development of Lagos State economy. Middle Eastern Finance and Economics, 1(9), 24 –34.
Oyedele, T. (2009). Tax Incentive as Tools for Compliance. Lagos: The Chartered Institute of Taxation of Nigeria.
Palil, M. R., & Mustapha, A. F. (2011b). Factors affecting tax compliance behaviour in self-assessment system. African Journal of Business Management, 5(33), 12684-12872
Pashev, K. (2005). Tax compliance of small business in transition economies: lessons from Bulgaria. International Center for Public Policy Working Paper Series, at AYSPS, GSU paper 0510, International Center for Public Policy, Andrew Young School of Policy Studies: Atlanta Georgia. Available at http://icepp.gsu.edu/files/2017/09/ispwp-0510.pdf. Accessed July 14, 2019
Rai, P.K. 2004. The challenges of tax collection in developing economies (with Special Reference to India). LLM Theses and Essays. USA: University of Georgia
Saeed, A., & Sheikh, S. A. (2011). Tax Reforms in Pakistan. International Journal of Business and Social Science, 2(20), 187-194.
Sawada, Y. (2015). The impacts of infrastructure in development: a selective survey. ADBI Working Paper 511.Tokyo: Asian Development Bank Institute.
Small and Medium Enterprises Development Enterprises and National Bureau of Statistics (2013). Selected findings on Collaborative survey. National bureau of Statistics publication.
Song, E. Y. (2002). Taxation, human capital and economic growth. Journal of Economic Dynamics and Control, 26(2), 205-216.
Sophia, N. (2016). Factors influencing tax compliance of small and medium enterprises in Ghana. University of Ghana
Todaro, M.P., & Smith S.C. (2011) Economic Development. Addison Wesley. New York.
Wardana, A., B. (2017). The Impact of Basic Infrastructure on Tax Effort: A Case Study of Municipalities/Regencies in Indonesia. A thesis submitted in partial fulfillment of the requirements for obtaining the degree of Master Of Arts In Development Studies at Erasmus Institute of Social Studies
Waziri S., Ali, G. B., & Nura M., (2014). Sustainable infrastructure development in Nigeria: Challenges of the construction sector. International Journal of Development and Sustainability, 3(7), 1488-1495.
Worlu, C.N., & Nkoro, E. (2012). Tax revenue and economic development in Nigeria: A macro-econometric approach. Academic Journal of Interdisciplinary Studies, 1(2): 211- 223
World Bank (1994) World Development Report 1994: Infrastructure for development. Oxford University Press. Retrieved on November 27, 2019 from https://openknowledge.worldbank.org/handle /10986/5977
World Bank. (2007). The World Bank Annual Report. USA: DC Retrieved on November 27, 2019 from https://openknowledge.worldbank.org/handle/10986/7534
Adejoh, E., & Sule, J.E. (2013). Revenue generation: It’s impact on government developmental effort (a study of selected local council in Kogi East Senatorial District). Global Journal of Management and Business Research Administration and Management, 13(3), 1-15.
Adeyeye, G. B. (2013). The impact of taxpayers’ perception of good governance on voluntary tax compliance in Lagos State, Nigeria. An unpublished Doctoral thesis submitted to the School of Postgraduate Studies, University of Lagos. Akoka.
African Development Bank Group (2013). Infrastructural development report: Tracking Africa’s progress. Retrieved on October 28, 2019 from www.afdb.org/en/knowledge/publications.
Alabi, M.O. & Ocholi, I. (2010). State of infrastructure and funding in Kogi state, Nigeria. Current Research Journal of Social Sciences, 2(3), 209-213.
Aladejebi, O. (2018) Measuring tax compliance among small and medium enterprises in Nigeria. International Journal of Accounting and Taxation, 6(2), 9-40
Aizenman, J., & Jinjarak, Y. (2008). The collection efficiency of the value added tax: theory and international evidence. The Journal of International Trade and Economic Development,
17(3), 391-410.
Ajide, F. M., Raimi, A. H., & Oyetade, J. A. (2014). Environmental sustainability and financial performance of small and medium Enterprises (SMEs) in Nigeria: A study of selected firms in Lagos State. International Journal of Management Sciences and Humanities, 2(2), 39-55
Ajiteru W. O., Adaranijo, L. O., & Bakare, L.A. (2018). Tax revenue and infrastructural development in Osun State. International Journal of Innovative Finance and Economics Research, 6(2), 50-61.
Akinwale, A. A. (2010). Menace of inadequate infrastructure in Nigeria. African Journal of Science, Technology, Innovation and Development, 2(3), 207-228.
Anyaduba, J. O., & Aronmwan, E. J. (2015) Taxes and infrastructural development in Nigeria Nigerian Journal of Banking, Finance and Entrepreneurship Management, 1, 14 - 28
Anyanfo, A.M.O. (1996). Public finance in a developing economy: The Nigerian Case. Department of Banking and Finance, University of Nigeria, Enugu Campus.
Appah, E., & Ebiringa, O.T. (2012). Petroleum profit tax and economic growth in Nigeria. International Journal of Management Sciences and Business Research, 1(9), 12-22
Artur-Swistak M. A. (2015). Tax penalties in SME tax compliance. Warsaw School of Economics, 162(2), 5-54.
Badara, M.S. (2012). The effect of tax audit on tax compliance in Nigeria: A study of Bauchi State Board of Internal Revenue, Research Journal of Finance and Accounting, 3(4), 74-81.
Batt, H.W. (2012). Tax regimes that don’t invite corruption. International Journal of Transdisciplinary Research, 6(1):65-82.
Bassey, O.U. (2013). Personal Income Tax in Nigeria. CIBN Press Ltd. Lagos, Yaba, Lagos.
Bhartia, H.L. (2009). Public Finance (14th ed.), New Delhi: Vikas Publishing House PVT Ltd
Bird, R.M., & Zolt, E.M. (2003). Introduction to tax policy design and development. Practical Issues of Tax Policy in Developing Countries, World Bank. 28 April-1 May, 2003.
Bird, R., Jorge, M., & Benno, T. (2008). Tax effort in developing countries and high-income countries: the impact of corruption, voice and accountability. Economic Analysis and Policy. 38(1), 55–71.
Brautigam, D., Fjeldstad, O. H., & Moore, M. (Eds.). (2008). Taxation and state-building in developing countries: Capacity and consent, Cambridge: Cambridge University Press.
Brown, R. E., & Mazur, M. J. (2003). IRS’s comprehensive approach to compliance. Paper presented at the National Tax Association Spring Symposium, Washington D.C. USA.
Chigbu, E. E., Eze, A.L., & Appah, E. (2012). An empirical study on the causality between economic growth and taxation in Nigeria. Current Research Journal of Economic Theory 4(2), 29-38.
Chodorow, A. S. (2008). Ability to pay and the taxation of virtual income. Tennessee Law Review, 75(4), 695-715.
Devos, K. (2014). Factors Influencing Individual Taxpayer Compliance Behaviour. Dordrecht:
Springer. Retrieved on 13 September 2019 from https://link-springer-com.eur.idm.oclc.org/book/ 10.1007%2F978-94-007-7476-6.
Edogbanya, A., Adejoh, E., & Sule, J. G. (2013). Revenue generation and its impact on government developmental effort in Kogi east senatorial district. Global Journal of Management and Business Research, 13(4), 9-10.
Elmi, M.A., Kerosi, E., & Timimba O. I. (2015). Relationship between tax compliance and government’s revenue generation at gobonimo market in Somaliland. International Journal of business management and economic research, 6(6), 380-399
Emslie, T.S., Davis, D.M., Hutton, S.J., & Olivier, L. (1995). Income Tax Cases and Materials. 2nd Ed. Cape Town, South Africa: The Taxpayer.
Engelshalk, M. (2004). Creating a favorable tax environment for small business. In J. Alm, J. Martinez-Vazquez and S. Wallace, (Eds). Taxing the hard-to-tax: lessons from theory and practice. Amsterdam: Elsevier
Everest-Phillips, M. (2008), Business tax as state building in developing countries: Applying governance principles in private sector development. International Journal of Regulation and Governance. 8(2), 123-154
Ezu, G. K., & Okoh, J. I., (2016) Effect of tax revenue on selected macro-economic variables in Nigeria (2000-2015). A paper presented at the 2016 International Conference of the Management Sciences of the Nnamdi Azikiwe University, Awka, Anambra State, Nigeria held 8-10th Nov, 2016.
Fidelis, O. N., Jude, O. O. & Ighata, J. A., (2014). Infrastructural development and economic growth in Nigeria: Using simultaneous equation. Journal of Economics, 5(3), 325-332.
Finchman, J. E. (2008) Response Rates and Responsiveness for Surveys, Standards American Journal of pharmaceutical education 72(2):42-46. DOI: 10.5688/aj720243
Gemmell, N., & Hasseldine, J. (2014). Taxpayers' behavioural responses and measures of tax compliance gaps: A critique and a new measure. Fiscal Studies, 20 (35), 275-296.
Halla, M. and Schneider, F.G. (2008) ‘Taxes and Benefits: Two Distinct Options to Cheat on
the State?’. IZA Discussion Paper No. 3536. Bonn: Institute for the Study of Labor.
Hamid, K.T. (2008). SWOT analysis on sources of revenue at state government level. A Paper Presented at the Bi- Annual Conference of the Federal and State Auditors- General Held at Tahir Guest Palace, Kano.
Ishaq, M. (2008). Development in Islamic banking: a financial risk-allocation approach. The Journal of Risk Finance, 9(1), 40-51
James, S., & Alley, C. (2002). Tax compliance, self-assessment system and tax administration. Journal of Finance, and Management in Public Services, 2(2), 27 – 42.
Kirchler, E. (2007). The economic psychology of tax behaviour. Cambridge: Cambridge University Press. www.cambridge.org/9780521757478
Kolade, T & Ajogbor, P. (2019) Nigeria’s unchanging tax to GDP ratio: An Instructive Appraisal. Extracted from www.andersentax.ng.com on October 28, 2019
Kothari, C. R., & Garg, G. (2014). Research Methodology: methods and techniques. (3rd ed). New Delhi: New Age International limited Publishers.
Lieberman, E. (2002). Taxation data as indicators of state-society relations: Possibilities and pitfalls in cross-national research. Studies of Comparative International Development, 36(1), 89-115
Listokin, Y. & Schizer, D. M. (2013). I Like to Pay Taxes: Taxpayer Support for Government Spending and the Efficiency of the Tax System. Faculty Scholarship Series. 4826. Retrieved from https://digitalcommons.law.yale.edu/fss_papers/4826 on October 28, 2019.
Martinez-Vazguez, J. (2001). The Impact of budgets on the poor: Tax and benefit incidence. Georgia State University, USA.
Migap, J.P., (2014). Enhancing infrastructural growth in Nigeria: the sovereign wealth fund strategy. International Journal of Economic Development Research and Investment, 5(2), 61-74.
Muritala, T. A., Awolaj, A. M., & Bako, Y. A. (2013). Impact of small and medium enterprises on economic growth and development. American Journal of Business and Management, 1(1), 18-22. doi:10.11634/21679606170644
Nwite, C.S. (2015). The implications of tax revenue on the economic development of Nigeria. Issues in business management and economics, 3(5), 74-80.
Neill, J. R., (1999). The benefit and sacrifice principles of taxation: A synthesis. Journal of Social Choice and Welfare, 17(1), 117-124. DOI: 10.1007/PL00007169
Obara, C., & Nangih, E. (2017). Tax compliance barriers and internally generated revenue in Nigeria: Empirical from small and medium enterprises in Port Harcourt metropolis. International Journal of Academic Research in Accounting, Finance and Management Sciences, 7(4), 169-176.
Ocheni, S. I. (2015). Impact analysis of tax policy and the performance of small and medium scale enterprises in the Nigerian economy. Strategic Management Quarterly, 3(1), 71-94. doi:10.15640/smq.v3n1a3
Oisasoje, O. M., & Ojeifo, S. A. (2012). The role of public infrastructure in poverty reduction in the rural areas of Edo State, Nigeria. Research on Humanities and Social Sciences, 2(7), 109-120
Okonjo-Iweala, (2014). Okonjo-Iweala's responses to the 50 questions on Nigeria’s economy posed by the House of Representatives’ committee on finance. Retrieved http://saharareporters.com/2014/01/15/okonjo-iwealas-responses-50-questions-nigeria%E2%80%99s-economy-posed-house-representatives%E2%80%99
Oliver, I. I., Edeh, A. C., & Chukwuani, V. N. (2017). Relevance of Tax Revenue Resources to Infrastructural Development of Nigeria. International Journal of Managerial Studies and Research 5(10), 74-81
Oluba, M. N. (2008). Justifying resistance to tax payment in Nigeria. Economic Reflections, 3(3), 1-5.
Organisation for Economic Co-operation and Development (OECD) (2014). Tax Compliance by design: Achieving improved SME tax compliance by adopting a system perspective. Paris: OECD
Organisation for Economic Co-operation and Development (OECD) (2009). Taxation of SMEs. key issues and policy considerations. OECD Tax Policy Studies, No. 18. Paris: OECD.
Owolabi, S.A. & Okwu, A. T., (2011). Empirical evaluation of contribution of value added tax to development of Lagos State economy. Middle Eastern Finance and Economics, 1(9), 24 –34.
Oyedele, T. (2009). Tax Incentive as Tools for Compliance. Lagos: The Chartered Institute of Taxation of Nigeria.
Palil, M. R., & Mustapha, A. F. (2011b). Factors affecting tax compliance behaviour in self-assessment system. African Journal of Business Management, 5(33), 12684-12872
Pashev, K. (2005). Tax compliance of small business in transition economies: lessons from Bulgaria. International Center for Public Policy Working Paper Series, at AYSPS, GSU paper 0510, International Center for Public Policy, Andrew Young School of Policy Studies: Atlanta Georgia. Available at http://icepp.gsu.edu/files/2017/09/ispwp-0510.pdf. Accessed July 14, 2019
Rai, P.K. 2004. The challenges of tax collection in developing economies (with Special Reference to India). LLM Theses and Essays. USA: University of Georgia
Saeed, A., & Sheikh, S. A. (2011). Tax Reforms in Pakistan. International Journal of Business and Social Science, 2(20), 187-194.
Sawada, Y. (2015). The impacts of infrastructure in development: a selective survey. ADBI Working Paper 511.Tokyo: Asian Development Bank Institute.
Small and Medium Enterprises Development Enterprises and National Bureau of Statistics (2013). Selected findings on Collaborative survey. National bureau of Statistics publication.
Song, E. Y. (2002). Taxation, human capital and economic growth. Journal of Economic Dynamics and Control, 26(2), 205-216.
Sophia, N. (2016). Factors influencing tax compliance of small and medium enterprises in Ghana. University of Ghana
Todaro, M.P., & Smith S.C. (2011) Economic Development. Addison Wesley. New York.
Wardana, A., B. (2017). The Impact of Basic Infrastructure on Tax Effort: A Case Study of Municipalities/Regencies in Indonesia. A thesis submitted in partial fulfillment of the requirements for obtaining the degree of Master Of Arts In Development Studies at Erasmus Institute of Social Studies
Waziri S., Ali, G. B., & Nura M., (2014). Sustainable infrastructure development in Nigeria: Challenges of the construction sector. International Journal of Development and Sustainability, 3(7), 1488-1495.
Worlu, C.N., & Nkoro, E. (2012). Tax revenue and economic development in Nigeria: A macro-econometric approach. Academic Journal of Interdisciplinary Studies, 1(2): 211- 223
World Bank (1994) World Development Report 1994: Infrastructure for development. Oxford University Press. Retrieved on November 27, 2019 from https://openknowledge.worldbank.org/handle /10986/5977
World Bank. (2007). The World Bank Annual Report. USA: DC Retrieved on November 27, 2019 from https://openknowledge.worldbank.org/handle/10986/7534
Published
2020-05-12
How to Cite
Oyewumi , O. R., Otusanya, O. J., & Adeyeye, G. B. (2020). Infrastructural Development and Tax Compliance of Small and Medium Enterprises Owners in Lagos State, Nigeria. Global Journal of Accounting, 6(1), 12-23. Retrieved from http://gja.unilag.edu.ng/article/view/860
Issue
Section
Articles
