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1
ODUM, CHINWE GLORIA. "IMPACT OF FEDERAL COLLECTED TAXES ON ECONOMIC GROWTH OF NIGERIA." ANAN Journal of Accounting 13, no. 1 (2024): 88–103. http://dx.doi.org/10.70518/ajoa.v13i1.05.
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The broad objective of the study is to determine the impact of Federal collected taxes on the economic growth of Nigeria. In order to achieve this, the study specifically ascertained the extent to which custom and excise duties, petroleum profit tax and education tax affect the gross domestic product of Nigeria. The study employed an ex-post facto research design and utilized primarily time series data, which were largely obtained from secondary sources over a 13-year period, from 2010 to 2022. Descriptive statistics were used to measure the central tendency and dispersion. Ordinary least square regression analysis was applied in hypothesis testing which found that: custom and excise duties positively and significantly affect the gross domestic product of Nigeria (p-value = 0.0037); petroleum profit tax has a non-significant negative effect on the gross domestic product of Nigeria (p-value = 0.0699); education tax has a non-significant positive effect on the gross domestic product of Nigeria (p-value = 0.3204). The study recommends that the government should optimize customs procedures by minimizing bottlenecks and establishing a taxation system that is both transparent and equitable. Furthermore, implementing measures to combat smuggling and boost compliance will not only fortify the positive impact of custom and excise duties on economic growth but also foster a more efficient and accountable fiscal environment.
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Chidera, Godson Eze. "Impact of non-oil tax revenue on economic growth in Anglophone and Francophone countries." World Journal of Advanced Research and Reviews 18, no. 2 (2023): 671–81. https://doi.org/10.5281/zenodo.8405967.
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This study examined the impact of non-oil tax revenue on economic growth in Anglophone and Francophone countries. Specifically, the study sought to: ascertain the impact of capital-gain tax revenue on economic growth in Anglophone and Francophone countries; determine the impact of custom/excise tax revenue on economic growth in Anglophone and Francophone countries and evaluate the impact of property tax revenue impact on economic growth in Anglophone and Francophone countries. The variables used in the study were capital gain tax revenue (CGT), custom/excise tax revenue (CET), the property tax revenue (PRT) and real GDP growth and were collected over period of 1991 to 2021 from World Bank database (WDI) 2021. Sample of five (5) Anglophone and Francophone countries namely Nigeria, Ghana, Mali, Togo and Burkina-Feso out of twenty (20) Anglophone and Francophone countries were used in the study. The method of data analysis was Generalized panel least square. The empirical results showed that capital gain tax revenue (CGT) has positive and significant impact on economic growth in Anglophone and Francophone countries; property tax revenue (PIT) has positive and significant impact on economic growth in Anglophone and Francophone countries and custom/excise tax revenue (CET) has positive but insignificant impact on economic growth in Anglophone and Francophone countries. The study recommended that Government of Anglophone and Francophone countries should review capital-gain income tax (CGT) collection modality with a view of incorporating public enlightenment programme in respect to capital-gain income tax. The public enlightenment programme should involve awareness campaigns on who should pay, how to compute, where to pay and when to pay CGT.
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Bakare, Taophic Olarewaju, Jamiu Adeniyi Akindele, Abdulganiyu Babansulaiman, and Ayodeji Hakeem Adegboyega. "Company Income Tax, Custom and Excise Duties: A Prelude for Nigerian Economic Growth Using ARDL Approach." Journal of Accounting Research, Organization and Economics 7, no. 3 (2024): 403–12. https://doi.org/10.24815/jaroe.v7i3.37339.
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Objective –The main objective of this paper is to examine the effects of company income tax, customs and excise duties, and economic growth in Nigeria.Design/Methodology –The study used Auto Regressive Distributed Lag and the study covered the period between 1982 – 2022 with the aid of ex-post facto research design.Research limitations/implications –The study is limited to tax revenue precisely custom and excise duties and company income tax using times series analysis. The implications of this study are that in order to significantly enhance revenue inflows from excise duties and CIT source, the report advises the government focus on expanding the tax base rather than raising the rate of corporate income tax.Findings – The results found that company income tax has positive and significant effect on economic growth in Nigeria with the coefficient 1.1532 and p-value 0.000 while custom and excise duties revealed negative but significant effect with the coefficient -0.1315 and p-value 0.010 on economic growth in Nigeria.Novelty/Originality –The originality of this research lies in the methodology of the study where previous studies analysed the data through econometric techniques such as FMOLS and Johansen co-integration techniques which do not provide for the accommodation of small samples, “ARDL method used by this study yields statistically significant results in small samples. More also, ARDL technique yields unbiased and dependable estimates of the long-run model. That makes this study a unique and contribution to the body of knowledge.
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E., Appah, and Iweias S.S. "Taxes and Income Inequality in Nigeria: 1980 – 2020." African Journal of Economics and Sustainable Development 6, no. 1 (2023): 100–128. http://dx.doi.org/10.52589/ajesd-kknb1wp3.
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This study investigated the relationship between taxes and income inequality in Nigeria from 1980 to 2020. The specific objectives were to investigate the relationship between personal income tax and Gini coefficient, evaluate the relationship between company’s income tax and Gini coefficient, assess the relationship between petroleum profit tax and Gini coefficient, determine the relationship between capital gain tax and Gini coefficient, investigate the relationship between value added tax and Gini coefficient, evaluate the relationship between custom and excise duty and Gini coefficient from 1980 to 2020 in Nigeria. The study adopted ex post facto and correlational research design. The population of the study consisted of taxes and gini coefficient in Nigeria from 1980 to 2020. The secondary data were sourced from Federal Inland Revenue Service (FIRS), Central Bank of Nigeria (CBN), and National Bureau of Statistics (NBS) of various publications ranging from 1980 to 2020. The study used univariate, bivariate and multivariate analysis. The results revealed a positive and insignificant relationship between personal income tax company’s income tax (CIT), petroleum profit tax (PPT), capital gain tax (CGT), value added tax (VAT), custom excise duties (CED) and Gini coefficient for the period under study, while strong positive relationship when literacy rate moderate tax structure, and weak positive and insignificant relationship. On the basis of the findings, the study concluded that taxes such as personal income tax, company income tax, petroleum profit tax, capital gain tax, value added tax and customs and excise duties influence the level of income inequality in Nigeria. The study recommends, amongst other things, that the government should ensure compliance to tax payments, because taxes provide a powerful policy tool effectively used for curing economic and social ills and should not to be set too high, as this would discourage investments.
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A, Kumudha. "Pros and cons of indian gst to society." Journal of Management and Science 7, no. 2 (2017): 272–76. http://dx.doi.org/10.26524/jms.2017.37.
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GST will narrow economic distance between producers and consumers as itwill be imposed only value addition. The dream of one country, one act and one taxwill be observed. It is expected that, it will help to improve the productivity in thecountry as well as will be benefited to the consumers, as maximum rate of GST ispredetermined. It will also help to avoid the multiple taxation, processes, tax evasionetc. Government proposed Central GST and States GST. CGST will subsume centralexcise duty, excess central excise duty, service tax, excess custom duty and specialexcess custom duty. SGST will subsume sale tax/ VAT, entertainment tax (other thanlocal bodies),sale tax which is imposed by Centre Government and collected by states,purchase tax, luxury tax and lottery tax and more significantly octroi which is a majorsource of revenue of the Municipal Corporations. Already there is vertical imbalanceof resources and responsibilities among Governments in India. Therefore, in thisresearch paper probable pros and cons about upcoming are discussed.
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Iyidiobi, F. C., U. B. Ugwuanyi, and C. I. Ezugwu. "Effect of Goods and Services Tax on Capital Expenditure in Nigeria." European Journal of Accounting, Auditing and Finance Research 10, no. 10 (2022): 1–13. http://dx.doi.org/10.37745/ejaafr.2013/vol10n10113.
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This study is an empirical examination of the effect of goods and services tax on capital expenditure in Nigeria for the period 2005 - 2020. The specific objectives are to ascertain the effect of value added tax (VAT) on capital expenditure (CAPEX) and secondly to determine the effect of Customs and Excise Duties on capital expenditure (CAPEX) in Nigeria. The study is theoretically linked to Benefit Received Theory. The study was an ex-post-facto research which made use of secondary data obtained from the Central Bank Statistical Bulletin. The study employed descriptive statistics and graphical representation using E-Views 10 software to check for the trends, linearity or otherwise of the data. Regression model was applied in determining the extent of the effect exerted on capital expenditure (CAPEX) by value added tax (VAT) and custom and excise duties (CED). The result of the analysis revealed that the duo independent variables which are value added tax and custom duties had a significant and positive effect on capital expenditure. The implication of this finding is that the capital expenditure has been influenced significantly by value added tax and customs duties. The study concluded that a long-run relationship existed among VAT, CED and capital expenditure. It is therefore recommended that revenues generated from VAT and CED should be invested and allocated adequately in major domestic sectors of the economy of Nigeria so as to expand the revenue sources of the nation.
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Chidera Godson Eze. "Impact of non-oil tax revenue on economic growth in Anglophone and Francophone countries." World Journal of Advanced Research and Reviews 18, no. 2 (2023): 671–81. http://dx.doi.org/10.30574/wjarr.2023.18.2.0882.
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This study examined the impact of non-oil tax revenue on economic growth in Anglophone and Francophone countries. Specifically, the study sought to: ascertain the impact of capital-gain tax revenue on economic growth in Anglophone and Francophone countries; determine the impact of custom/excise tax revenue on economic growth in Anglophone and Francophone countries and evaluate the impact of property tax revenue impact on economic growth in Anglophone and Francophone countries. The variables used in the study were capital gain tax revenue (CGT), custom/excise tax revenue (CET), the property tax revenue (PRT) and real GDP growth and were collected over period of 1991 to 2021 from World Bank database (WDI) 2021. Sample of five (5) Anglophone and Francophone countries namely Nigeria, Ghana, Mali, Togo and Burkina-Feso out of twenty (20) Anglophone and Francophone countries were used in the study. The method of data analysis was Generalized panel least square. The empirical results showed that capital gain tax revenue (CGT) has positive and significant impact on economic growth in Anglophone and Francophone countries; property tax revenue (PIT) has positive and significant impact on economic growth in Anglophone and Francophone countries and custom/excise tax revenue (CET) has positive but insignificant impact on economic growth in Anglophone and Francophone countries. The study recommended that Government of Anglophone and Francophone countries should review capital-gain income tax (CGT) collection modality with a view of incorporating public enlightenment programme in respect to capital-gain income tax. The public enlightenment programme should involve awareness campaigns on who should pay, how to compute, where to pay and when to pay CGT.
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John Ayodele, Adekanmbi,, Olaoye, AyoOla Azeez, and Fakiyesi, Oyindamola Adesola. "AN EMPIRICAL ANALYSIS OF TAX REVENUE AND TOTAL REVENUE OF WEST AFRICAN COUNTRIES." International Journal of Business Management and Economic Review 07, no. 06 (2024): 10–27. https://doi.org/10.35409/ijbmer.2024.3623.
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The paper examined tax revenue and total revenue of West African countries for 10 years, spanning from 2008 to 2018. The population covered all the West African countries; out of which, 8 countries were randomly selected. Data of these countries were sourced from the Organization of Economic Co-operation Development (OECD) and Revenue Statistics in Africa and the statistical bulletin of various countries. Data collected for this study were analyzed with the use of descriptive statistics, Pearson correlation analysis and panel data regression which include pooled OLS, fixed effect estimation and random effect estimation. It was discovered that company income tax, value added tax, and custom and excise duties exert a positive impact on total revenue, though the impact is insignificant for value added tax given the reported coefficient and probability values that stood at 5.990342 (p=0.060>0.05), as against the reported coefficient and probability values of company income tax and custom and excise duties that stood at 0.195278 (p=0.000<0.05) and 0.9765433(p=0.021<0.05) respectively. Based on these findings, the study concluded that tax revenue has positive effect on the total revenue of West African Countries. Thus, it was recommended that tax authorities of various countries should properly monitor companies income tax and custom and excise duties to sustain its significance to the revenue pool of the government, efforts should be intensified by the government agencies saddled with the collection and increase in value added tax rate to improve the tax revenue base and, that there should be a persistent review of existing tax laws to keep the act in pace with the economic reality.
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Mandal, Ram Briksh. "The Relationship between Tax and Economic Growth in Nepal." Economic Review of Nepal 5, no. 1 (2022): 58–71. http://dx.doi.org/10.3126/ern.v5i1.66040.
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This study examines the relation between tax and economic growth in Nepal for the period of 1992 to 2022. The study analyzes the existence of the long-run relationship between custom duty, excise duty, value added tax and micro economic indicator GDP at current price of the Nepalese economy. The study utilized time series data analysis, using annual data covering the period of 1992 to 2020 in Nepal. The empirical results of the study, using the ARDL model, highlighted the impact of different tax indicators on economic growth. Findings indicated that a long-run (but no short-run) relationship existed between tax and economic growth in Nepal. More specifically, the results show that the custom duty and value added tax has the negative impact on the economic growth in the long run. Similarly, the result excise duty shows that positive impact on the economic growth in Nepal.
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E., Appah, and Isele L. E. "Taxes and Road Infrastructural Development in Nigeria." African Journal of Accounting and Financial Research 7, no. 2 (2024): 306–25. http://dx.doi.org/10.52589/ajafr-gosnw3er.
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This study examined the taxes and road infrastructural development in Nigeria. The specific objectives of the study among others were to determine the relationship between of company income tax on road infrastructural development in Nigeria, ascertain the relationship between petroleum profit tax on road infrastructural development in Nigeria. Four research questions and four hypotheses were formulated as a guide for the study. This study adopted ex post facto research design. The population of the study was conducted on Federal Republic of Nigeria under the National Bureau of Statistics, Federal Inland Revenue Services, Central Bank of Nigeria (CBN) and Federal Ministry of Finance. The study period covered was forty-one (41) years spanning from 1982 to 2022. This study utilized Descriptive statistic, Unit Root Test and Ordinary Least Square Regression method with the aid of E-View 12. The findings of the study showed a positive and significant relationship between company income tax on road infrastructure in Nigeria; customs and excises duties positively and significantly affects road infrastructure in Nigeria; petroleum profit tax negatively and insignificantly affects road infrastructure in Nigeria and finally, value added tax negatively and insignificantly influence road infrastructure in Nigeria is statistically negative and insignificant. The study concluded that taxes such as company income tax, custom and excise duties affects road infrastructural development in Nigeria for the period spanning from 1982 – 2022. Therefore, the study suggested amongst other that, government should intensify efforts at developing the level of infrastructure in the country through tax payers’ revenue because, this study affirmed that company income tax and customs and excise duties positively and significantly affects road infrastructure in Nigeria
11
Udeh, A. I., O. Inyama, and A. M. Otuedon. "Finance Act Reforms and Profitability of Firms in Nigeria Petroleum Sector." European Journal of Finance and Management Sciences 6, no. 3 (2022): 19–30. https://doi.org/10.5281/zenodo.7199878.
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<strong>ABSTRACT</strong> The review inspected finance Act reforms and the profitability of firms in Nigeria’s petroleum area. The particular goals were to; assess the impact of Petroleum Profit Tax change on profit for the extended time of oil and gas firms in Nigeria and inspect the impact of custom and excise duties on profit for the extended period of oil and gas firms in Nigeria. The ex-post plan was embraced for the review. The examination of information was done utilizing an arbitrary board relapse model. It was figured out that petroleum profit tax change meaningfully affects profit for the time of oil and gas firms in Nigeria and custom and excise duties significantly affect profit for the extended period of oil and gas firms in Nigeria. The review suggested that tax experts in Nigeria should guarantee viable and productive execution of petroleum tax change strategy 2020 and that tax specialists should be careful in tax organization to avoid various taxation exacted on imported merchandise in Nigeria.
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Udeh, A. I., O. Inyama, and A. M. Otuedon. "Finance Act Reforms and Profitability of Firms in Nigeria Petroleum Sector." European Journal of Finance and Management Sciences 6, no. 3 (2022): 19–30. https://doi.org/10.5281/zenodo.7212176.
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<strong>ABSTRACT</strong> The review inspected finance Act reforms and the profitability of firms in Nigeria’s petroleum area. The particular goals were to; assess the impact of Petroleum Profit Tax change on profit for the extended time of oil and gas firms in Nigeria and inspect the impact of custom and excise duties on profit for the extended period of oil and gas firms in Nigeria. The ex-post plan was embraced for the review. The examination of information was done utilizing an arbitrary board relapse model. It was figured out that petroleum profit tax change meaningfully affects profit for the time of oil and gas firms in Nigeria and custom and excise duties significantly affect profit for the extended period of oil and gas firms in Nigeria. The review suggested that tax experts in Nigeria should guarantee viable and productive execution of petroleum tax change strategy 2020 and that tax specialists should be careful in tax organization to avoid various taxation exacted on imported merchandise in Nigeria.
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Orji, Uche Okoro. "INDIRECT TAX COMPONENTS AND ECONOMIC GROWTH OF SELECTED AFRICAN COUNTRIES: PANEL AUTOREGRESSIVE DISTRIBUTED LAG APPROACH." J-MACC : Journal of Management and Accounting 6, no. 1 (2023): 68–84. http://dx.doi.org/10.52166/j-macc.v6i1.4154.
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This study tries to assess the causal link between components of indirect tax namely Value added tax and Custom and Excise Duties and economic growth measured using Real Gross Domestic Product. The study used panel data drawn from six (6) selected African countries namely Nigeria, Ghana, South Africa, Kenya, Egypt and Morocco from 2000 to 2018. These are countries within the African region that has a robust economy, broad gross domestic product and modernized business environment. Secondary data used were generated from World Bank World Development indicator, OECD data base on tax revenue in Africa and Central Bank of Nigeria. Quadratic match –Sum procedure was adopted in converting the annual data into quarterly data from E-views and the data are in their natural logarithm. Different econometric techniques were applied in the study while the data was analyzed by means of Autoregressive Distributed Lag (ARDL) Model using E views 10 and Stata version 16 packages. The study revealed that custom and excise duties had a positive and significant relationship with economic growth of selected African countries in the long run, while there is a positive but insignificant influence of custom and excise duties on economic growth of these countries in the short run. Also, the findings showed that there is no significant influence of Value added tax (VAT) on real GDP of the selected African countries in the long run; while Value added tax exhibited a positive though insignificant influence on real GDP in the short run in these countries. The study recommends among others that a conducive environment for entrepreneurship, tax incentives, and innovation must be offered, as well as job opportunities in order to increase these countries’ revenue bases, particularly through business and also these countries’ government should expand, nurture and sustain their value added tax and other tax bases in order to continue to support positive economic growth.
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BIWEI, Theodora Awele (Ph.D. Candidate), JOSIAH, Mary (Ph.D.), and AGBO, Sunny, I. (Ph.D.). "TAX REVENUE SOURCES AND THE NIGERIAN ECONOMY IN THE POST COVID PERIODS." Finance & Accounting Research Journal 5, no. 10 (2023): 299–308. http://dx.doi.org/10.51594/farj.v5i10.563.
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The study examined the impact of tax revenue on the Nigeria economic growth between the periods of 2002Q1 to 2022Q4. The study covers the entire economic growth of Nigeria The tax revenue proxies considered are: Petroleum Profit Tax (PPT), Value Added Tax (VAT), Company Income Tax (CIT) and Custom and excise duties (CED) whereas economic growth was proxied with Gross Domestic Product (GDP). The study made used of secondary (Quarterly data) sourced from Planning, Research and Statistics Department (2020-2022); Financial Inland Revenue (2020 to 2022); CBN Statistical Bulletin (2020 to 2022). The result showed that, both Petroleum Profit Tax (PPT) Company Income Tax (CIT) had high adverse yet considerable effect on economic growth of Nigeria during the Post Covid-19 periods whereas Value Added Tax (VAT) and Custom and excise duties (CED) had high positive yet considerable effect on economic growth of Nigeria during the Post Covid-19 periods. Hence, the study conclude that, Tax revenues have mixed effect on the growth of the Nigerian economy during the Post Covid-19 Era. As such, policy makers must ensure that, revenue gotten from petroleum tax should be the fund obtained be properly channels. Lastly, the Nigerian government should ensure that companies that evade tax should be brought to book
 Keywords: Tax Revenue Sources, Nigerian Economy, Post Covid Periods.
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BIWEI, Theodora Awele (Ph.D. Candidate), JOSIAH, Mary (Ph.D.), and AGBO, Sunny, I. (Ph.D.). "TAX REVENUE SOURCES AND THE NIGERIAN ECONOMY IN THE POST COVID PERIODS." Finance & Accounting Research Journal 5, no. 9 (2023): 261–70. http://dx.doi.org/10.51594/farj.v5i9.563.
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The study examined the impact of tax revenue on the Nigeria economic growth between the periods of 2002Q1 to 2022Q4. The study covers the entire economic growth of Nigeria The tax revenue proxies considered are: Petroleum Profit Tax (PPT), Value Added Tax (VAT), Company Income Tax (CIT) and Custom and excise duties (CED) whereas economic growth was proxied with Gross Domestic Product (GDP). The study made used of secondary (Quarterly data) sourced from Planning, Research and Statistics Department (2020-2022); Financial Inland Revenue (2020 to 2022); CBN Statistical Bulletin (2020 to 2022). The result showed that, both Petroleum Profit Tax (PPT) Company Income Tax (CIT) had high adverse yet considerable effect on economic growth of Nigeria during the Post Covid-19 periods whereas Value Added Tax (VAT) and Custom and excise duties (CED) had high positive yet considerable effect on economic growth of Nigeria during the Post Covid-19 periods. Hence, the study conclude that, Tax revenues have mixed effect on the growth of the Nigerian economy during the Post Covid-19 Era. As such, policy makers must ensure that, revenue gotten from petroleum tax should be the fund obtained be properly channels. Lastly, the Nigerian government should ensure that companies that evade tax should be brought to book
 Keywords: Tax Revenue Sources, Nigerian Economy, Post Covid Periods.
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Olaleye, John Olatunde, and Olabimpe Ajayi Salome. "Impact of Taxes on Revenue Generation in Nigeria (A Study of Federal Government)." International Journal of Trend in Scientific Research and Development 4, no. 1 (2019): 209–16. https://doi.org/10.5281/zenodo.3604759.
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This paper investigated the effect of taxes on revenue generation in Nigeria from 1981 to 2016, a period of thirty five 35 years and the data for the analysis were sourced from Central Bank of Nigeria's CBN, 2016 Statistical Bulletin. The variables used include total federally collected revenue as a proxy for revenue generation, labour, gross capital formation, company income tax, petroleum profit tax, personal income tax, value added tax, custom and excise tax, direct tax and indirect tax. Fully modified ordinary least squares method FMOLS was employed to determine the direction and the magnitude of impacts. Based on the effect of direct tax on revenue generation in Nigeria, both company income tax and personal income tax boost revenue generation in Nigeria while petroleum profit tax discourage revenue generation in Nigeria. Also, model on the effect of indirect tax on revenue generation showed that the two variables used as indirect tax variable value added tax and custom and excise tax have positive and significant effect on revenue generation in Nigeria. Lastly, the researchers found out that the estimated result on the effect of direct and indirect tax on revenue generation in Nigeria showed that indirect tax lead to revenue generation in Nigeria while direct tax does not and this is so because most people pay indirect tax in Nigeria than direct tax. Also, tax evasion and avoidance are very minimal in indirect tax and this lead to more revenue which encourage economic growth in Nigeria. The researchers recommended that it is important that efficient and effective tax policy be implemented to ensure that enough revenue is generated for growth purposes like strict penalties should be meted to people who avoid and evade tax payments. Government should base her taxes on indirect tax because this will not create any burden on the citizen and in this way, it will lead to growth. Olaleye John Olatunde | Salome Olabimpe Ajayi "Impact of Taxes on Revenue Generation in Nigeria (A Study of Federal Government)" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-1 , December 2019, URL: https://www.ijtsrd.com/papers/ijtsrd29514.pdf
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Adejare, Adegbite Tajudeen. "Taxation and Transportation: Granger Causality Approach in Nigeria." Studia Universitatis „Vasile Goldis” Arad – Economics Series 31, no. 3 (2021): 1–20. http://dx.doi.org/10.2478/sues-2021-0011.
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Abstract This study gauges taxation's effect on transportation from 1981 to 2019 in Nigeria. This study further assesses the bearing of causality among Transportation, Corporate tax, Petroleum profit tax, Value added tax and Custom and Excise duties. Analytical tools such as VECM, Johanson Test for Cointegration, Vector Autoregression and granger causality Wald (GCW) test are adopted for analysis. Diagnosis tests such as the Lagrange-multiplier test, Jarque-Bera test and Eigenvalue stability condition are carried out to examine autocorrelation, stability and normality tests respectively. Outcomes divulge that corporate tax has a positive short-run and long-run influence on transportation. Petroleum profit tax, Value added tax and Custom and Excise duties also impact transportation positively and significantly both in the long run and short run as deduced from empirical analysis. This reveals that all the components of taxation observed influence transportation positively both in the long run and short run in Nigeria. Conclusively, taxation impacts transportation positively and significantly both in the short run and long run. This translates that taxation income has been utilized effectively to upsurge transportation in Nigeria. It predicts that transportation will perform excellently in terms of economic development and employment generation if taxable income is properly monitored and utilized effectively.
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Singh, Satvir, and Minakshi Choudhary. "An Economic Analysis of Goods and Services Tax in India." International Journal of Advanced Engineering, Management and Science 5, no. 6 (2019): 438–41. https://doi.org/10.22161/ijaems.5.6.13.
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GST has been adopted by nearly 140 countries around the world. In this connection, the present paper is an attempt to find out an economic analysis of Goods and Services Tax in India. This paper found that some taxes of central and states taxes such as Central excise duty, Duties of excise, Additional duties of excise, Special Additional duties of custom, Services tax, State VAT central sales Tax and Purchase Tax, etc. would be subsumed in GST. This study also found some advantage such as Increase the Gross Domestic Product, Promotion of Exports, Reduction in the cost of production, Reduction in the transportation cost, Beneficial for the Low-income States, etc. and disadvantages such as Not inclusion of Some Commodities in the GST Rate, Multiple GST in different States, No decision on the GST Taxation Rate, Loss to some States, etc in adoption of GST in India. This paper also suggests that adoption of GST in India will be beneficial for long term and increase in GDP.
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Adejare, Adegbite Tajudeen, and Olaoye Clement Olatunji. "Analysis of the Impact of Non-Oil Taxation on Foreign Direct Investment and Economic Services in Nigeria." Studia Universitatis „Vasile Goldis” Arad – Economics Series 31, no. 1 (2021): 60–83. http://dx.doi.org/10.2478/sues-2021-0004.
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Abstract This study assessed the nonoil taxation effect on foreign direct investment and economic services from 1994 to 2019 in Nigeria. This study further evaluated the causality bearing amid foreign direct investment, economic services, value-added tax, company income tax, capital gain tax, custom and excise duties, and education tax, devotedly hiring Units root, VECM, Johansen co-integration, and Granger causality tests. Outcomes uncovered that value-added tax has a positive significant effect on economic services but a negative influence on foreign direct investment. Furthermore, value-added tax granger- cause foreign direct investment and economic services. It is also exposed that company income tax and capital gain tax possessed short-run and long-run negative significant influence on foreign direct investment but positive influence on economic services. More so, custom and excise duties upsurge economic services and foreign direct investment positively and significantly. Conclusively, taxation has negative significant impacts on foreign direct investment but upsurge economic services positively in Nigeria. It is recommended that since company income tax impacted foreign direct investment negatively both in the long run and short run, the government should lessen company income tax and upsurge capital allowance bestow on foreign direct investment in order to improve and attract foreign direct investment which will perpetually decrease poverty rate in Nigeria. Also, the government should employ taxation to realize more improvement in economic services and minimize all barriers to foreign direct investment attraction such as import duties and other levies to inspire investors.
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JohnO, AIYEDOGBON, OLOGUNLA Emmanuel Sunday, and SHAGI ZabwariAbdu. "Impact of Taxation on Human Capital Development in Nigeria: 1994-2022." International Journal of Research and Innovation in Social Science VIII, no. VII (2024): 1624–37. http://dx.doi.org/10.47772/ijriss.2024.807133.
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Infrastructure development, robust government institutions, and public spending on health and education are some of the possible catalysts for the growth of human capital. However, from the government’s point of view, taxation and tax policy seem to be the most effective means of promoting the development of human capital, since taxes affect both the efficient utilization of production resources (people and capital).Thus, the paper used the Autoregressive Distributed Lag (ARDL) to examine the impact of taxation on human capital development in Nigeria from 1994 to 2022. The estimated regression result demonstrated that the company income tax, one period-lagged company income tax, petroleum profit tax, value-added tax, and customs and excise taxes are the main short-run determinants of human capital development. In a similar vein, value-added tax and petroleum profit tax are long-term drivers of human capital development. The paper’s a priori expectations of a positive relationship are met in terms of each individual independent variable. The coefficient estimates and t-statistic of company income tax, one period lagged company income tax, one period lagged petroleum profit tax, value added tax, and one period lagged customs and excise duties all have the expected sign. But when viewed statistically, petroleum profit tax, value added tax, one period lagged value added tax, customs and excise duties and one period lagged customs and excise duties contributes to human capital development in the short-run. Because human capital, which is measured using the Human Development Index, is recognized to be quantitatively and qualitatively measurable, the paper recommended tax authorities such as the Federal Inland Revenue Services to support development-driven tax policies. The paper also urges the Federal government, acting through the Nigeria Customs Service, to ensure that indirect tax revenues, such as VAT and Customs and Excise Duty, are sufficiently utilized to enhance human well-being through the implementation of efficient policies and the maintenance of accountability regarding tax revenues obtained.
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Kusuma, Muhammad Diaz Arda, and Vid Adrison. "Ad Valorem Tax versus Specific Excise Tax: Tobacco Price Variability in Indonesia." Journal of Tax Reform 10, no. 3 (2024): 475–92. https://doi.org/10.15826/jtr.2024.10.3.179.
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The challenge of controlling cigarette consumption remains significant, leading governments worldwide to implement excise taxes on tobacco products through ad valorem or specific systems. This study examines the relationship between various excise tax systems and price variability in Indonesia. Using transactional excise data from 2005 to 2017 obtained from the Directorate General of Customs and Excise (DJBC), the research employs the Pooled Least Square (OLS) method for analysis. The sample includes Machine-made Kretek Cigarettes (SKM), Machine-made White Cigarettes (SPM), and Hand-rolled Kretek Cigarettes (SKT). Price variability is measured using the Interquartile Range to median ratio. The findings reveal that Indonesia’s multitier specific excise tax system behaves similarly to an ad valorem tax. More complex tax structures lead to greater price variability, undermining the effectiveness of the specific system in controlling cigarette consumption. Higher excise rates correlate with increased price variation across production categories, and market concentration significantly influences price variability, with a more competitive market resulting in greater fluctuations. To control cigarette consumption effectively, reducing price variation is crucial. Despite Indonesia’s transition from an ad valorem to a specific excise system, neither effectively reduces price variability due to the complexity of the multitier structure. Simplifying the excise framework and reducing the number of tiers could decrease price variation and consumption. These findings align with economic theory and suggest that further refinement of Indonesia’s excise policy is needed for better control over cigarette consumption.
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Ihenetu, Hyginus I., and P. Chituru W. "Non-Oil Revenues and Economic Growth in Nigeria." Global Journal of Research in Business Management 2, no. 2 (2022): 42–48. https://doi.org/10.5281/zenodo.6528889.
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This study investigated the effect of non-oil revenue on economic growth in Nigeria. The aim of the study is to determine the effect of non-oil revenue on the growth of Nigerian economy. The researcher employed expost facto design, the sample size was chosen through purposive sample method to be 22 years. The data used were time series collected from CBN statistical bulletin 2020. The statistical tool applied was ordinary least square multiple regression analysis. The findings at 0.05 level of significance, revealed that company income tax has no positive and significant effect on gross domestic product in Nigeria, custom and excise duty has no positive and significant effect on economic growth in Nigeria, value added tax has a positive and significant effect on gross domestic product in Nigeria and education tax has no positive and significant effect on economic growth in Nigeria. Based on the findings, it was recommended that government intensify the collection of value added tax and also improve on the collection of company income tax, custom and exercise duty and educational tax to grow the economy.
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K, Nithiya. "Impact of goods and service tax (gst)." Journal of Management and Science 7, no. 2 (2017): 312–16. http://dx.doi.org/10.26524/jms.2017.44.
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A tax is not a voluntary payment or donation, but an enforced contribution imposedby government under the names of toll duty, custom, excise, subsidy or other name. The Goods andService Tax (GST) which was introduced from July 2017 by the Government of India is a valueadded tax, which is the only indirect tax that directly affects all sectors and sections of our economy.In this paper I have dealt in detail the impacts of GST, though its various objectives andfeatures in strengthening the Indian economy. Further the impact of Integrated Goods and ServiceTax (IGST),have been discussed at length in benefitting the individuals, importers, exporters andorganization.
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Fadian, Vicky, Isnaini Isnaini, and M. Citra Ramadhan. "Implementation of the Tax Law on the Imposition of Tobacco Products Tax in the Bintan Free Trade Zone." Asian Journal of Social and Humanities 1, no. 09 (2023): 471–83. http://dx.doi.org/10.59888/ajosh.v1i09.62.
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This research was conducted to determine how the regulation and application of the law on the imposition of cigarette excise in the Bintan FTZ (Free Trade Zone) and how the Tanjungpinang Customs Office oversees the circulation of illegal cigarettes in the Bintan FTZ. This research is empirical juridical research with a descriptive nature. It is known that the legal arrangements regarding the imposition of cigarette excise at FTZ Bintan refer to Law Number 39 of 2007, Law Number 36 of 2000 as last amended by Law Number 44 of 2007, PP Number 41 of 2021, and Ministerial Regulation Finance Number 34/PMK.04/2021. The application of this law can be seen from the substance of the law, where the law on the imposition of cigarette excise in the Bintan FTZ is subject to cigarette excise. From the legal structure, law enforcement overseeing illegal cigarette distribution in the Bintan FTZ consists of Customs, TNI, Polri, the Attorney General's Office, the Judiciary, and the Civil Service Police Unit as supporters. In terms of legal culture, the decline in the results of controlling illegal cigarettes in the Bintan FTZ shows that the level of public trust in the provisions of the Excise Law has begun to increase. Supervision carried out by Tanjungpinang Customs and Excise is carried out in 2 (two) ways, namely preventive and repressive.
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Santosa, Dimas Imam, Supriyono Supriyono, and Mira Meilia Marka. "The Effect Of Exception Rate, And Cigarette Tax On Excise Receiving Through The Retail Price Of Cigarette Companies In Kudus District." Borobudur Management Review 1, no. 1 (2021): 32–53. http://dx.doi.org/10.31603/bmar.v1i1.5023.
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This research is motivated by excise tax which gives the biggest contribution to local government excise revenue. And excise revenue from 2017 to 2019 at the Directorate General of Customs and Excise, Kudus year after year has decreased in the achievement of excise revenues and is accompanied by excise targets. The determination of this sample used a purposive sampling method with a sample size of 162 companies with the period 2018-2019 which were registered as Offices Supervision and Customs Service Type Intermediate Excise Kudus. This study uses analysis techniques Part analysis and Sobel Test. The results of this study indicate that excise costs and cigarette taxes have a significant effect on the retail price, while excise costs, cigarette taxes, and retail prices have an effect on excise revenue. The retail selling price has a strong mediation between excise tax and excise revenue, while the retail selling price does not have a strong (low) mediation between cigarette taxes and excise revenue.
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Агапова, А. В., та Р. М. Аширов. "Акцизы в системе таможенного и налогового регулирования Российской Федерации". Экономика и предпринимательство, № 5(178) (8 квітня 2025): 1464–66. https://doi.org/10.34925/eip.2025.178.5.263.
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Статья посвящена анализу порядка применения такого косвенного налога как акциз. Проанализированы основные принципы акцизного налогообложения, перечень подакцизных товаров, порядок взимания налога и предстоящие изменения в налоговом законодательстве, вступившие в силу с 1 января 2025 года. Также анализируются международные практики акцизного регулирования, влияние акцизов на социально-экономическое развитие, вопросы таможенного контроля подакцизных товаров и современные статистические данные по их перемещению через таможенную границу. The article is devoted to the analysis of the procedure for applying such an indirect tax as excise tax. The basic principles of excise taxation, the list of excisable goods, the procedure for collecting tax and the upcoming changes in tax legislation, which entered into force on January 1, 2025, were analyzed. Also analyzed are international practices of excise regulation, the impact of excise taxes on socio-economic development, issues of customs control of excisable goods and modern statistics on their movement across the customs border of the EAEU
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Sarjana, S. P., and V. Adrison. "The Impact of Multi-Tiered Specific Excise Tax Systems on the Creation of New Tobacco Brands in Indonesia: Public Health Implications." Journal of Tax Reform 10, no. 2 (2024): 397–416. http://dx.doi.org/10.15826/jtr.2024.10.2.175.
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The manufacturing of new cigarette brands at low prices to exploit lower excise tax tiers poses a challenge to the intended objective of cigarette taxation, which is to reduce consumption for public health protection. This study aims to investigate the impact of a specific multi-tiered excise tax system on the creation of new brands. This study utilizes CK-1 data (application for ordering excise tape) from the Directorate General of Customs and Excise, Ministry of Finance (DJBC), as the authority overseeing cigarette excise taxes in Indonesia. The data consists of nine years of research observations, from 2012 to 2020, totaling 20,379 observations. The period used corresponds to the implementation of the multi-tiered specific cigarette excise tax system. Employing empirical analysis with Poisson regression, the study examines the count data of new brands. Dummy variables for cigarette production types and other relevant factors explaining the simplification policy of cigarette excise tax are included. The empirical analysis reveals a positive association between the implementation of a specific multi-tiered excise tax system and the creation of new cigarette brands. As the number of tiers in the excise tax system increases, so does the incentive for companies to introduce new brands. Furthermore, the analysis indicates that these new brands are typically priced lower, indicating a potential limitation of the specific multi-tiered excise tax system in reducing cigarette consumption. The findings suggest the consideration of a simpler and uniform cigarette excise tax system to address the challenges posed by the proliferation of low-priced new cigarette brands. Policy adjustments are crucial to ensure that excise taxes effectively align with public health objectives while maintaining government revenue. This study underscores the importance of refining taxation policies to mitigate negative health impacts on the public caused by increased cigarette consumption.
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Silvia Dwi Nurma Sari, Lukman Hakim, and Ibnu Subarkah. "Juridical Socio-Criminology Of The Circulation Of Illegal Cigarettes Without Excise Tax Bands (Study At The Customs And Excise Office Of Malang)." Widya Gama Law Review 2, no. 1 (2025): 37–53. https://doi.org/10.31328/wglr.v2i1.707.
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The circulation of illegal cigarettes without excise bands is currently still a problem that needs to be considered by all stakeholders. Due to this problem, the community responded positively to minimize its circulation. Looking at the current situation, this research will discuss the juridical socio-criminology of the circulation of illegal cigarettes without excise tax bands by choosing a research location in Malang City. The problem discussed is about the factors of the rampant circulation of illegal cigarettes and efforts to overcome them. Based on the research that has been conducted, the factors causing this are market demand, the price of illegal cigarettes is cheaper than cigarettes subject to excise tax due to the higher excise tax price, and illegal cigarettes and legal cigarettes have a taste that tends to be the same. This happens because of the lack of maximum implementation of the regulation on the prohibition of illegal cigarettes without excise tax. Efforts to minimize the circulation of illegal cigarettes are carried out by the Malang Customs & Excise and the Regional Government of Malang City by providing education and socialization to the public about the prohibition of illegal cigarettes without excise tax to be traded. So, the advice that can be given to prevent and eradicate the criminal act of the circulation of illegal cigarettes without excise is the need for awareness and the active role of the community to participate in providing information in preventing the circulation and consumption of illegal cigarettes without excise.
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Pasichnyi, Mykola. "The priorities of the state excise policy." University Economic Bulletin, no. 52 (March 18, 2022): 167–76. http://dx.doi.org/10.31470/2306-546x-2022-52-167-176.
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The research subject includes the theoretical basis and mechanism of excise policy formation and realization. The study aims to determine the priorities of excise policy development in the context of developing its regulatory impact on economic processes and increasing the fiscal potential of excise duty. Methods. In order to achieve the appropriate tasks, we used a set of methods and approaches that helped to ensure the conceptual unity of our investigation. The systemic and structural approaches, generalization methods, analytical evaluation, synthesis, comparison, scientific abstraction are applied. Results. The fiscal significance of the excise tax in the OECD countries and Ukraine for the last two decades has been determined. The main stages of excise policy development in 2001–2021 are systematized. The volumes of illegal circulation of excisable goods and losses of tax revenues are analyzed. Finally, the priorities of the excise policy are substantiated. Practical implications. Tax policy and instruments of its implementation. Conclusions. Ukraine could use the foreign experience of floating excise tax on fuel in a period of high and rising prices for petroleum products. It is necessary to eliminate the fundamental reason for expanding the illegal tobacco market - a significant difference in the growth rate of cigarette prices (primarily due to the rising tax burden) and household income. Therefore, it is reasonable to change the current schedule of excise duty rates by revising them and slowing down the growth from 20% to 10-12% annually. Furthermore, it is actually to return criminal liability for the illegal movement of tobacco products across the customs border of Ukraine. It is necessary to increase further the institutional capacity of the State Customs and State Border Services. The government should improve the institutional environment for the e-commerce of excisable goods. The priority direction of the taxation development of alcoholic beverages and tobacco products is introducing an automated control system over their production and circulation (electronic excise stamp). A further increase in the tax rate on alcohol should be taken with caution, understanding the potential threats to reduce legal production, and replacing this niche with counterfeiting, which will lead to lower revenues or a tiny increase. The main criterion for collecting excise tax for cars should be technical and operational characteristics related to fuel efficiency.
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M.S., Mahadevaswamy. "IMPACT OF GOODS AND SERVICE TAX (GST) IN INDIAN ECONOMY- A STUDY." Shanlax International Journal of Arts, Science and Humanities 6, S2 (2019): 70–74. https://doi.org/10.5281/zenodo.2650001.
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<em>GST (Goods and Services Tax) is defined as a uniform indirect tax levied on goods and services across a country. More than 160 countries have implemented GST. The GST rolled out from July 1, 2017. GST, as an umbrella tax has replaced central taxes such as Central Excise Duty, Service Tax, Additional Duties of Excise & Customs, Special Additional Duty of Customs, and cusses and surcharges on supply of goods and services. There was a huge hue and cry against its implementation. In present paper it has been shown that which sectors are positively or negatively affected by GST.</em>
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Newman, Karl, and Michael Michael. "I. Customs, Excise Duties and Value Added Tax." International and Comparative Law Quarterly 45, no. 3 (1996): 736–40. http://dx.doi.org/10.1017/s0020589300059479.
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Newman, Karl, Michael Michael, and Arnold Ridout. "I. Customs, Excise Duties and Value Added Tax." International and Comparative Law Quarterly 47, no. 3 (1998): 699–705. http://dx.doi.org/10.1017/s0020589300062278.
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Fotherby, Gordon. "II. Customs, Excise Duties and Value Added Tax." International and Comparative Law Quarterly 40, no. 3 (1991): 720–26. http://dx.doi.org/10.1093/iclqaj/40.3.720.
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Fotherby, Gordon. "II. Customs, Excise Duties and Value Added Tax." International and Comparative Law Quarterly 42, no. 1 (1993): 170–80. http://dx.doi.org/10.1093/iclqaj/42.1.170.
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Michael, Michael. "III. Customs, Excise Duties and Value Added Tax." International and Comparative Law Quarterly 44, no. 1 (1995): 221–25. http://dx.doi.org/10.1093/iclqaj/44.1.221.
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POLIAKOV, Mykhailo. "Areas for improvement in the tobacco excise policy in Ukraine." Fìnansi Ukraïni 2021, no. 5 (2021): 82–96. http://dx.doi.org/10.33763/finukr2021.05.082.
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The article analyses the ways to improve tobacco excise taxation in Ukraine considering a respective EU Member States experience, consequences of national reforms held in previous years, as well as challenges and potential threats caused by the pandemic. A worsening economic situation and the recent decline in income compounded the existing problems related to tobacco taxation in Ukraine. The increase of excise tax rate on cigarettes by 20% annually till 2025 and an inconsistent decision on more than four times increase of excise tax rates on electronically heated tobacco products (EHTP) pose a risk of boosting illicit trade. The advance payment of excise tax on imported tobacco products, in turn, negatively affects finances of importers due to the working capital diversion. Following that, the priority steps with regard to the excise policy of Ukraine should be aimed at: 1) revision of the existing plan of increasing tax rates on cigarettes by slowing down the growth of tax burden and simultaneous expansion of the plan till 2028; 2) correcting the burdensome reform on excise taxation of EHTP to establish more liberalized tax regime 3) switching to payment of excise tax on imported tobacco products during customs clearance. The mentioned initiatives taking into account a strong need to improve a fiscal situation in Ukraine due to the spread of COVID-19 will reduce a negative impact of increasing excise tax rates and administration procedures on tobacco industry. They will also prevent the growth of illicit trade in tobacco products and thus will contribute to improving the efficiency of tax system and strengthening the confidence of business entities.
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Kalwigi, Eunice Kagwiria, Dr Fredrick Warui, and Dr Farida Abdul. "Government Taxation and Growth of Large Manufacturing Firms in Nairobi City County, Kenya Registered with Kenya Association of Manufacturers." Journal of Finance and Accounting 5, no. 1 (2025): 22–33. https://doi.org/10.70619/vol5iss1pp22-33.
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Purpose: This article explores the intricate relationship between government taxation and the growth of large manufacturing firms. Specific objectives of this study were to investigate effect of corporate income taxes, excise duty taxes and custom duty taxes on growth of large manufacturing firms. Finally, to examine moderating effect of firm size on the relationship between government taxations and growth of large manufacturing firms. Methods: The research was guided descriptive research design with secondary data obtained from audited financial statements. The researcher employed stratified and systematic sampling to select 73 organizations from Nairobi City County's large manufacturing firms for the study. Panel data analysis was employed. Results: The findings indicated that corporate income taxes had a negative and significant effect on growth of manufacturing firms (β=-0.002, p=0.045); excise duty taxes had a positive and significant effect on growth of manufacturing firms (β=0.004, p=0.000); and custom duty taxes had a positive and significant effect on growth of manufacturing firms (β=0.005, p=0.005). Further, the interaction between government taxations and firm size had a negative and significant effect on growth of large manufacturing firms in Kenya (β=-0.0028, p=0.000). Conclusion: The study found that corporate taxes positively impact growth, as higher taxes correspond with increased income and tax contributions from rapidly growing firms. The relationship between excise duty and growth was positive but not statistically significant, suggesting little effect on large manufacturing firms. The study recommends maintaining current corporate tax rates for large manufacturers, as they do not impede growth. Policymakers should consider the minimal effects of these taxes when designing fiscal policies, and future research could investigate other tax-related factors. Additionally, firms are encouraged to expand their asset bases to enhance investment potential, improve funding security, and achieve economies of scale.
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Igwe, Alex Onyeji, and Uche Boniface Ugwuanyi. "Tax Revenue Generation and Economic Growth: A Pre and Post Treasury Single Account Implementation in Nigeria." European Journal of Accounting, Auditing and Finance Research 12, no. 6 (2024): 1–16. http://dx.doi.org/10.37745/ejaafr.2013/vol12n6116.
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This study examines the relationship between tax revenue generation and economic growth in Nigeria before and after the implementation of the Treasury Single Account (TSA). The TSA, introduced in 2012 and fully implemented in 2015, aimed to consolidate all government revenues into a single account at the Central Bank of Nigeria to enhance transparency, accountability, and financial management. The study focuses on key tax types—Value Added Tax (VAT) and Company Income Tax (CIT)—and their correlations with economic growth, measured by Gross Domestic Product (GDP) growth rates. Prior to the TSA implementation, weak correlations were observed between tax revenues and GDP growth. However, post-TSA, there emerged positive correlations, indicating improvements in tax collection and administration. VAT exhibited a weak positive relationship with GDP growth, while CIT showed a strong positive correlation, underscoring the impact of better tax practices on economic development. Additionally, custom and excise duties demonstrated a moderate positive correlation with GDP growth, suggesting enhanced revenue generation from trade-related taxes. The findings highlight the effectiveness of the TSA in improving tax revenue generation and its positive impact on Nigeria's economic growth. The study recommends that policymakers enhance VAT compliance, optimize CIT collection, and streamline customs procedures to further stimulate economic growth. These measures can ensure that the gains from TSA implementation are maximized, contributing to sustainable economic development in Nigeria.
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Perkasa, Ronald Arya Bayu, Tri Mulyani, and Endah Pujiastuti. "PENGAWASAN PEREDARAN ROKOK TANPA PITA CUKAI OLEH BIDANG PENINDAKAN DAN PENYIDIKAN DI KPPBC TIPE MADYA PABEAN A SEMARANG." Semarang Law Review (SLR) 5, no. 1 (2024): 55–70. https://doi.org/10.26623/slr.v5i1.8547.
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Excise as government revenue from the object of the Directorate General of Customs and Excise results from the excise sector including the results of tobacco derivative products such as cigarettes are regulated in Law Number 39 of 2007 concerning Excise. Excise tape in the form of a state security document as a sign that the cigarette has paid its excise. The role of the P2 field in the implementation in the field of customs prosecution and investigation of the results of supervision carried out to prevent the circulation of cigarettes without excise tapes at the Customs and Excise Supervision and Service Office of Customs Type A Semarang. The research methods used include, type of sociological juridical research, research specifications are descriptive analytical Data used are primary data and supported by secondary data, with qualitative data analysis. The results showed that the supervision of cigarettes without excise tax bands carried out by section P2 at KPPBC Type Madya Pabean A Semarang through 3 supervision methods namely Compliance Tests, Partnership Supervision, and Information Media in 6 cities and regencies in the KPPBC Type Madya Pabean A Semarang area. The existence of constraints by legal and cultural factors on the regulation of the effect of increasing excise tax on the honesty of perpetrators in distributing cigarettes without excise tax. Enforcement of this obstacle is carried out with preventive efforts and constraints on the location of the KPPBC area Type Madya Pabean A Semarang in monitoring the circulation of cigarettes without excise tax. Because the location of the Semarang City area has toll road access as a route to the city of Semarang. The existence of constraints by legal and cultural factors on the regulation of the effect of increasing excise tax on the honesty of perpetrators in distributing cigarettes without excise tax. Enforcement of this obstacle is carried out with preventive efforts and constraints on the location of the KPPBC area Type Madya Customs A Semarang in monitoring the circulation of cigarettes without excise tax. Because the location of the Semarang City area has toll access as a transportation route with repressive efforts carried out by P2 Intelligence at KPPBC Type Madya Pabean A Semarang. AbstrakCukai sebagai pendapatan pemerintah dari objek hasil Direktorat Jenderal Bea dan Cukai dari sektor cukai termasuk hasil produk turunan dari tembakau seperti rokok diatur dalam Undang-Undang Nomor 39 Tahun 2007 tentang Cukai. Pita Cukai berupa dokumen sekuriti negara sebagai tanda rokok dilunasi cukainya. Peran bidang P2 dalam pelaksanaan di bidang penindakan dan penyidikan kepabeanan hasil pengawasan yang dilakukan mencegah peredaran rokok tanpa pita cukai di Kantor Pengawasan dan Pelayanan Bea dan Cukai Tipe Madya Pabean A Semarang. Metode penelitian yang dipergunakan diantaranya, jenis penelitian yuridis sosiologis, spesifikasi penelitian adalah deskriptif analitis Data yang dipergunakan adalah data primer dan didukung dengan data sekunder, dengan analisis data kualitatif. Hasil penelitian menunjukkan bahwa pengawasan rokok tanpa pita cukai yang dilakukan oleh seksi P2 di KPPBC Tipe Madya Pabean A Semarang melalui 3 metode pengawasan yakni Uji Kepatuhan, Pengawasan Kemitraan, dan Media Informasi pada 6 Kota dan Kabupaten kawasan wilayah KPPBC Tipe Madya Pabean A Semarang. Adanya kendala oleh faktor penetapan hukum dan budaya terhadap regulasi pengaruh peningkatan cukai terhadap kejujuran pelaku dalam pengedarkan rokok tanpa pita cukai. Penindakan kendala ini dilakukan dengan upaya preventif dan kendala pada letak wilayah KPPBC Tipe Madya Pabean A Semarang dalam pengawasan peredaran rokok tanpa pita cukai. Sebab letak wilayah Kota Semarang memiliki akses tol sebagai jalur transportasi dengan upaya represif yang dilakukan oleh Intelejen P2 di KPPBC Tipe Madya Pabean A Semarang.
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Bieber, Thomas, and Denise Schmaranzer. "Article: Excise Duty Directive 2020/262: Towards a Digitalized and Customs Oriented Excise Law." EC Tax Review 32, Issue 2 (2023): 83–86. http://dx.doi.org/10.54648/ecta2023013.
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The provisions of the Excise Directive 2020/262 to be applied as from 13 February 2023 aim to link excise and customs law more closely and to further advance the digitalization of excise processes. The authors argue that, notwithstanding the recast of the Directive, harmonization has not yet reached its full potential due to numerous options granted to the Member States. Furthermore, the linkage between excise and customs law raises fundamental questions regarding the justification of an automated incurrence of an excise duty debt in cases of a customs debt incurred through non-compliance. Finally, the authors show that the Excise Directive 2020/262 does not conflict with the planned recast of the Energy Tax Directive presented as part of the Green Deal in July 2021. Customs Law; Digitalization; Directive 2020/262; Directive 2003/96/EC; Excise Law; Excise Duty Directive; Energy Taxation Directive
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Saputra, Agustinus Imam, Supriadi C. H. Tambunan, and Irfan Yulianto. "PLASTIC TAX AND CIRCULAR ECONOMY INCENTIVES TO TACKLE CLIMATE CHANGE (INDONESIAN CONTEXT)." Jurnal BPPK: Badan Pendidikan dan Pelatihan Keuangan 16, no. 1 (2023): 86–98. http://dx.doi.org/10.48108/jurnalbppk.v16i1.818.
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The use of plastic can harm the environment and contribute to climate change. Later, climate change will reduce the quality of ecosystems, public health and a region's economy. The use of plastic needs to be reduced, especially for single-use or only plastic with a short useful life. One way to control the use of plastic is through a plastic tax, which in this study is categorized as an excise. This research aims to determine what tariff is appropriate for the Indonesian context, which will soon impose an excise on plastic. This study also provides an overview of state revenues from related plastic excise and incentives that can be given to business actors implementing a circular economy. Next, this research uses a qualitative descriptive research method. This study estimates the amount of excise and tax revenue from implementing plastic excise. The study results show the enormous potential for state revenue from plastic excise and import tax increases. Furthermore, synergistic activities carried out by Ministry of Environment and Forestry (MEF) and Directorate General of Customs and Excise (DGCE) can take the form of joint business processes in monitoring plastic waste recycling. This research could trigger further research regarding plastic excise and the effects on economic companies after the government determines the excise.
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Rustagi, T. R. "Indirect Tax Reforms in the Indian Economy." Vikalpa: The Journal for Decision Makers 23, no. 1 (1998): 47–60. http://dx.doi.org/10.1177/0256090919980107.
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Several expert committees have examined India's indirect tax structure in the past and made valuable recommendations. More recently, the Tax Reform Committee (Chelliah Committee) laid down the agenda for gradual reduction in tariffs and rationalization of customs and excise duty structures. On this basis, significant progress has been made since 1992. Tariffs have been brought down from a peak rate of over 300 to 40 per cent with a view to bring down costs and make the Indian industry more competitive. Excise duty rates have been significantly reduced, procedures simplified, and exemptions pruned. Yet, according to Rustagi⁄ the excise system is far away from modernity. While he agrees that whatever has been done so far is no mean achivement, more needs to be done.
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Anwar, Anwar. "Tax and Customs Revenues During the Kingdom of Aceh Darussalam." Riwayat: Educational Journal of History and Humanities 7, no. 1 (2024): 229–41. http://dx.doi.org/10.24815/jr.v7i1.37121.
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The Kingdom of Aceh Darussalam (ruled 1514 to 1903) was a famous Islamic kingdom in the history of the archipelago. The peak of its glory was reached during the time of Sultan Iskandar Muda (reigned 1607-1636). The glory and fame of this kingdom was created because of Sultan Iskandar Muda's ability to regulate political-economic policies, especially the tax and customs sectors as the main pillars of the kingdom's wealth income. This article discusses the income of royal wealth from the tax and customs sector, which includes tax and excise objects, the management of their collection and the sultan's policies in reviving the tax sector. Sultan Iskandar Muda has built the port of Bandar Aceh into a large port and concentrated the trade in pepper and commodities which have a high selling value on the world market only in this city. The impact is that Bandar Aceh is visited by merchant ships from the archipelago and abroad. Traders, foreign and local, are charged taxes and excise, such as adat stamp or adat lapik cap (the sultan's permission to land), adat wase kuala (fees for guarding parking and guarding ships entering and leaving the port), stall tax on merchandise/ trading place. Taxes are also collected from local traders who sell at the market. Apart from that, land tax is also levied (wase tanoh), farmers who receive irrigation are subject to the customary but umong tax, farmers who seek forest products are subject to wase gle tax), people who litigate in court are subject to the customary tuha tax, people who die but do not leaving his heirs his wealth to be put into the royal treasury, as well as foreign traders. Income from various types of taxes and excise is intended to build various facilities and infrastructure to strengthen and advance the kingdom
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Newman, Karl, and Gordon Fotherby. "III. Customs and Excise Duties and Value Added Tax." International and Comparative Law Quarterly 39, no. 1 (1990): 226–33. http://dx.doi.org/10.1093/iclqaj/39.1.226.
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Mambetova, Alexandra A., Alina K. Morgoeva, and David A. Tabolov. "ANALYZING THE FISCAL ROLE OF EXCISE TAXES ON ALCOHOL AND TOBACCO PRODUCTS." EKONOMIKA I UPRAVLENIE: PROBLEMY, RESHENIYA 11/7, no. 140 (2023): 83–90. http://dx.doi.org/10.36871/ek.up.p.r.2023.11.07.010.
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This scientific research is devoted to the consideration of one of the key payments of the current tax system - excise payments. One of the revenue-generating items of the indirect tax under consideration is alcoholic and tobacco products. The supporting factors are the analysis of the fiscal role of excise duties on alcoholic beverages for 2020-2022. The profitability of the tax under consideration is ensured, among other things, by effective control and supervisory activities carried out by the Federal Customs Service of the Russian Federation and the Federal Tax Service of the Russian Federation, the administration of which is also analyzed in the scientific publication.
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ADEGBITE, Tajudeen A. "DOES TAXATION HAS IMPACT ON INVESTMENT? AN EMPIRICAL RESPONSE FROM CO-INTEGRATION ANALYSIS." Annals of Spiru Haret University. Economic Series 19, no. 4 (2019): 57–74. http://dx.doi.org/10.26458/1931.
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ABSTRACTThis study examined the effect of taxation on investment in Nigeria from 1970 to 2018. Relevant secondary data were obtained from Central Bank of Nigeria (CBN) Statistical Bulletins and Federal Inland Revenue Services Bulletin from 1970 to 2018. Regression analysis technique, Units root test, Johansen co-integration, Vector Error-Correction Model, and Granger causality tests were employed to determine the long run relationship and causality links among the variables. Results showed that PPT and Value added tax had positive significant impact on INV both in the short run and in the long run while Company income tax, and Custom and Excise duties impacted INV negatively. It is concluded that all components of taxes had positive significant impact on investment in Nigeria except corporate income tax. Corporate income tax had negative significant impact on investment both in the short run and in the long run.
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Sumadi, Tia Rizkya Dilbar, and Muh Nurkhamid. "Pengaruh tarif bea masuk, profil importir, frekuensi impor, fasilitas kepabeanan, dan nilai pabean pada tax evasion di bidang kepabeanan." Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan 5, no. 5 (2022): 2105–17. http://dx.doi.org/10.32670/fairvalue.v5i5.2376.
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Currently, the Directorate General of Customs and Excise (DGCE) is facing challenges in balancing the service and supervisory functions through Post-Clearance Audit (PCA). Through quantitative studies, this research aims to analyze the effect of the criteria for determining the object of the audit: customs duty tariff, importer profile, import frequency, customs facilities and customs value on tax evasion in the customs sector. This study uses secondary data obtained from internal data of DGCE with a sample of 400 companies selected. This research uses multiple regression analysis method with the results showed that the variable import frequency, customs facilities, and customs value individually had a positive and significant effect on tax evasion on customs, while the variable import duty rates and importer profile individually had no significant effect. Simultaneously, the variable customs duty tariff, importer profile, import frequency, customs facilities and customs value have a positive and significant effect on tax evasion in the customs sector. This research is expected to be an input reference for the Directorate Audit of Customs and Excise of DGCE in an effort to improve customs audit performance by focusing on audits on companies that have large tax evasion potential.
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Shunevych, Anton. "Excise Tax Fiscal Efficiency as a Component of Optimizing the Indirect Taxation System." Accounting and Finance, no. 4(90) (2020): 82–88. http://dx.doi.org/10.33146/2307-9878-2020-4(90)-82-88.
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The excise taxes contain a hidden reserve for raising funds for the state budget. Therefore, in the case of ensuring their high fiscal efficiency, they can serve as a significant resource for filling the revenue side of the country's budget. The purpose of the article is to analyze the dynamics and structure of excise tax receipts to the State Budget of Ukraine, to determine the main indicators that can be used to assess the fiscal efficiency of the excise tax. The information base for the study was the official data of the State Statistics Service of Ukraine, reports of the State Treasury Service on the implementation of the State budget, data from the Ministry of Energy and Coal Industry of Ukraine. The analysis of the structure and dynamics of the excise tax transferred to the state budget for the period 2014-2019 was carried out. Indicators that characterize the fiscal significance of the excise tax as part of the state budget revenues were determined. The tendencies revealed by the author of a decrease in the fiscal significance of the excise tax are, first of all, a consequence of the insufficient efficiency of administration of this tax, which follows from the imperfection of the current legislation and the ignorance of some potential sources of excise taxation. Based on the data of the State Fiscal Service and the Ministry of Energy and Coal Industry of Ukraine on the production of thermal coal in the period 2017-2019, an assessment of the potentially lost revenues of the state budget was made. These revenues would become possible with the introduction of an excise tax on thermal coal. In the context of optimizing the system of indirect taxation, it was determined that an increase in the current rates of excise tax on excisable goods will not give a tangible effect in the medium term, but will lead to an increase in the level of “shadow” (illegal) production, sale and movement of excisable goods across the customs border of Ukraine. Therefore, the legislature should pay attention to those groups of goods that are in a state monopoly, and their taxation can give significant additional funds to the state budget.
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Yotov, Yonko. "EXCISE TAX COMPLIANCE RISK MANAGEMENT IN BULGARIA: LIMITATIONS AND GUIDELINES FOR OVERCOMING THEM." Economic Thought journal 70, no. 1 (2025): 97–127. https://doi.org/10.56497/etj2570106.
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Risk management regarding excise duties is essential to achieving the goals of the revenue administrations under the Ministry of Finance in Bulgaria, namely the Customs Agency and the National Revenue Agency (NRA). It is crucial for the fiscal stability of the country. The article examines the current state of the excise tax compliance risk management framework in the context of the Bulgarian Customs Agency, which is responsible for its administration, as well as opportunities for its improvement in accordance with best practices from national and European tax and customs administrations. It presents the essence of the excise risk arising from non-compliance with legislation by taxpayers and how to manage this risk. The results of a survey conducted in December 2024 and January 2025 among a total of 238 experts in the fields of financial control in Bulgaria, working at the NRA and the Customs Agency, as well as lecturers at the University of National and World Economy in Sofia, the Dimitar A. Tsenov Academy of Economics in Svishtov, the University of Economics in Varna and other universities, mainly from finance and accounting faculties, are also presented. The results of the survey show that the risk management framework for excise tax compliance in Bulgaria has conceptual weaknesses when compared with best practices elsewhere. The need to rethink some basic components, elements and activities of risk management are outlined in the formulated recommendations.
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Dada, Matthew, Sunday Posu, Adedayo Adedeji, Esther Ndarake-Osibamowo, Alexander Oguntuase, and Bamidele Abalaba. "Re-investigating Tax Effects on Economic Growth in Nigeria: A Disaggregated Analysis." Journal of Economics and Policy Analysis 7, no. 2 (2022): 90–109. https://doi.org/10.52968/25743720.
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Taxation stands as a pivotal fiscal tool in economic management, affecting growth either positively or negatively. This study, spanning 1990-2022, delves into disaggregated analysis of tax effects on economic growth, considering variables like domestic investment, trade volume, inflation, unemployment, and population. The study scrutinises five key tax elements: Personal income tax, corporate income tax, petroleum profit tax, education tax, and customs and excise duties. With data sourced from various reputable institutions, the analysis reveals that personal income tax exerts a short-run positive influence on economic growth while petroleum profit tax exerts nil effect, similarly to customs and excise duties, corporate income tax, and education tax in both the short-run and the long-run. The result also shows that domestic investment and trade volume are positively signed while inflation, unemployment, and population are negatively signed but have weak influence on economic growth. Short-run dynamics are captured through error correction terms, suggesting a robust relationship among variables and the potential for adjustment to equilibrium. The study concludes with a call for a comprehensive overhaul of Nigeria's tax policy to foster the desired growth, alongside urgent measures to address inflation, unemployment, and population growth while bolstering trade volume and domestic investment.