Original Research Article | OPEN ACCESS
Empirical Assessment of Tax Aggressiveness of Listed Firms in Nigeria

S. O. Ogbeide1 , C. Iyafekhe2,

1Department of Accounting and Finance, Faculty of Social and Management Sciences, Elizade University, Ilara-Mokin, Ondo State, Nigeria.; 2Department of Accounting, Faculty of Management Sciences, University of Benin, Benin City, Edo State, Nigeria..

For correspondence:-  S. Ogbeide   Email: sunday.ogbeide@elizadeuniversity.edu.ng

Received: 27 April 2018        Accepted: 30 May 2018        Published: 30 September 2018

Citation: Ogbeide SO, Iyafekhe C, Empirical Assessment of Tax Aggressiveness of Listed Firms in Nigeria. Account Tax Rev 2018; 2(3):13-29 doi:

© 2018 The authors.
This is an Open Access article that uses a funding model which does not charge readers or their institutions for access and distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0) and the Budapest Open Access Initiative (http://www.budapestopenaccessinitiative.org/read), which permit unrestricted use, distribution, and reproduction in any medium, provided the original work is properly credited..

Abstract

This study empirically examined the level of tax aggressiveness of listed firms in Nigeria. The population of the study consists of all the quoted non- financial firms as at 31st December, 2016. A sample of eighty five (85) quoted firms was selected for the period 2012 to 2016. The data analysis was done throughdescriptive analysis method. The results obtained revealed that twenty six (26) out of the eighty five (85) of the companies in the non- financial sector were highly tax aggressive. Thirteen (13) of the listed firms were moderately tax aggressive. Sixteen (16) very of them were tax aggressive at equilibrium while thirty (30) of the firms were not tax aggressive. The study recommends that firm should create a tax department  and it should be manned by tax experts / auditors who are deemed to be imbued with wide experience on tax strategies to minimize tax expense payment

Keywords: Tax Aggressiveness, Tax Liability, Taxable Income, Tax Deterrence, earnings after tax, Wealth Maximization


Article Tools

Share this article with



Article status: Free
Fulltext in PDF
Similar articles in Google
Similar article in this Journal:

Archives

2021; 5: 
1,   2
2020; 4: 
1,   2,   3,   4
2019; 3: 
1,   2,   3,   4
2018; 2: 
1,   2,   3,   4
2017; 1: 
1

News Updates