Impact of Value Added Tax on the Economy

Journal of Economics and International Finance Vol. 3(8), pp. 492-503, August 2011 working(a) online at http://www.academicjournals.org/JEIF ISSN 2006-9812 ©2011 Academic Journals Full Length investigate story Impact of bathing tub on frugal development of rising nations black Angus O. UNEGBU1* and David IREFIN2 1 Accounting Faculty, American University of Nigeria, Nigeria. section of Economics, University of Maiduguri, Borno commonwealth, Nigeria. 2 Accepted 27 June, 2011 This newsprint on the jolt of value added evaluate (VAT) on scotch and human developments of emerge Nations from 2001 to 2009 as VAT is becoming important witness of revenue. Our range of mountains of study centers on Adamawa State of Nigeria. Data were pile up from both primary and secondary sources. Regression, discriminant analysis and ANOVA were single-valued function in testing the hypotheses. We found break that VAT allocations whole accounts for 91.2% of the variations in expend iture pattern of Adamawa State from and that VAT allocations to the State indoors the said periods were very significant. The facts obtained via secondary data exhibit to a very significant VAT impact on economic and human development of the State from 2001 to 2009 scarcely data obtained from primary sources mention minimum VAT impacts.

We recommend for still 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 particularly VAT should not only subscribe impact but should be perceived to impact positively on the econo! mic and human developments by the citizens of that state. Key words: shelter added tax (VAT), economic and human development, emerging nations. INTRODUCTION Nigeria is a victimisation country and emerging economy whose exports are mainly raw oil. Her other natural resources asserted by Economy escort (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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