The Effect Of Company Income Tax On Nigeria Economy

THE EFFECT OF COMPANY INCOME TAX ON NIGERIA  ECONOMY ABSTRACT The contributions of Company Income Tax (CIT) to any economy globally cannot be overemphasized. Apart from the revenue function it performs for the government, it is also used to assist the national government to achieve the country’s macro-economic objectives in the areas of fiscal and monetary policies. It has been observed over the years in Nigerian economy that the taxation derived from companies has been grossly understated due to the improper administration of Nigerian tax system in the collection and assessment of companie…