Tax Policy On The Performance Of Revenue Profile Of Nigeria

(A CASE STUDY OF NIGERIAN CUSTOMS) 1.1 background of the study The Nigerian Tax System has undergone significant changes in recent times. With the help of various studies and research done by tax experts, tax laws are being reviewed with the aim of repelling outdated provisions and simplifying the main ones. Under current Nigerian law, taxation is enforced by the 3 tiers of Government, i.e. Federal, State, and Local Government with each having its sphere clearly spelt out in the Taxes and Levies. Adam smith (1976) in his book said that ‘tax is a ability imposed upon the essence by a p…