期刊名称：European Journal of Business and Social Sciences
印刷版ISSN：2235-767X
出版年度：2013
卷号：1
期号：10
页码：25-35
出版社：European Society of Business and Social Sciences
摘要：Requirement of governments to provide public goods and execute other developmental projects that would improve living standard of citizenry as well as meet its recurrent expenditure necessitate intensified revenue generation efforts both internally and externally. Collection of taxes is one of the formidable options to generate revenue. In Lagos State most projects are executed with internally generated revenue in addition to share of the federation account. However, tax evasion and avoidance is rampart in Lagos state as the activities of some unscrupulous tax consultants, tax officials and even accounting firms encourage irregularities in revenue generation. This has in no small decimated revenue drive. This paper recommends that Revenue authorities (LIRS) should study and identify salaries and remuneration that will prevent revenue officers from colluding with tax payers. Also, those activities of engaged tax consultants should be monitored effectively. Besides, agreed commissions on tax collections should be paid promptly. Furthermore, continuous tax education right from early education as well as in religious gatherings in Lagos State is recommended as antidote for tax evasion in the long run. There should be intensified effort to reduce the effects of false financial reporting on revenue generation of Lagos State. Lagos State should devise motivational factors that could deter tax officials and consultants from collusion.
