Impact of Value Added Tax on the Economy

Journal of Economics and International Finance Vol. 3(8), pp. 492-503, August 2011 operative online at http://www.academicjournals.org/JEIF ISSN 2006-9812 ©2011 Academic Journals Full Length investigate idea Impact of tubful on frugal development of acclivitous nations black Angus O. UNEGBU1* and David IREFIN2 1 Accounting Faculty, American University of Nigeria, Nigeria. segment of Economics, University of Maiduguri, Borno deposit, Nigeria. 2 Accepted 27 June, 2011 This newsprint on the jolt of value added measure (VAT) on stinting and human developments of appear Nations from 2001 to 2009 as VAT is becoming important witness of revenue. Our mountain chain of study centers on Adamawa State of Nigeria. Data were pile up from both primary and secondary sources. Regression, discriminant analysis and ANOVA were function in testing the hypotheses. We found break that VAT allocations in all accounts for 91.2% of the variations in expenditure pattern of Adamawa State from and that VAT allocations to the State indoors the said periods were very significant. The facts obtained via secondary selective information manifest to a very significant VAT impact on economic and human development of the State from 2001 to 2009 plainly data obtained from primary sources mention minimum VAT impacts.

We recommend for tho research to be carried out on the spread of VAT impact on various aspects of economic and human developments among the administrative areas and that the governance of Adamawa State and new(prenominal) States of develop countries to ensure that revenue allocations oddly VAT should not only subscribe impact but should be perceived to imp act positively on the economic and human dev! elopments by the citizens of that state. Key words: shelter added tax (VAT), economic and human development, emerging nations. INTRODUCTION Nigeria is a developing country and emerging economy whose exports are mainly unmannerly oil. Her other natural resources asserted by Economy study (2011) include: native gas, tin, iron ore, coal, limestone, lead,...If you want to get a full essay, station it on our website: OrderEssay.net

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