Property taxation in developing countries including Nigeria is always very difficult to administer, enforce and collect. Property owners both individuals and businesses can easily avoid paying taxes because it is no well enforced. The local municipalities or government areas do not see property tax as a potential source of revenue, and they are limited with very little or no power to foreclose on properties for back taxes. It is not uncommon for a property owner to have unpaid back taxes for over 10 years.
was slaves counted as people or property
For taxation purposes.
they had the will power and the motive that the king didnt have in his subjects
During the colonial era, the most common form of taxation was property tax, which was levied on land and buildings. Colonists were often required to pay taxes in the form of currency, goods, or labor, with rates varying based on property value. Additionally, various colonies imposed duties on imported goods, which served as a significant source of revenue for colonial governments. Overall, taxation was primarily aimed at funding local governance and defense.
Taxation is the process by which governments collect financial contributions from individuals and businesses to fund public services and infrastructure. It can take various forms, including income tax, sales tax, property tax, and corporate tax. The revenue generated through taxation is used for essential services such as education, healthcare, transportation, and social welfare programs. Effective taxation helps ensure the functioning of a society and its economy.
Chartered Institute of Taxation of Nigeria was created in 1982.
What are the problem of tree crop production in Nigeria
The problems and prospects of JAMB administration in Nigeri.
As of July 2013, the prospects of marketing research in Nigeria are largely favorable. Depending on how the country develops and expands internationally, it will change dynamically.
The prospects of livestock in Nigeria are great because the large amount of live stock in Nigeria ,but because the people are so poorly educated the heath care of the livestock is plummeting.
capital and knowledge
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Adrian Shipwright has written: 'U.K. taxation and intellectual property' -- subject(s): Intellectual property, Taxation, Intangible property
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The problems of small scale industries in Nigeria include corruption, insecurity and poor infrastructure. The prospects on the other hand include engaging foreign traders in business so as to grow the economy.
It is the body that operates the taxation system for the government.
The historical background of taxation in Nigeria indicates that the first form of taxation occurred in Northern Nigeria. Taxation started in the pre-colonial era and has been improved over the years.