Tax Information, Administration and Knowledge on Tax Payers’ Compliance of Block Moulding Firms in Ekiti State
Journal of Finance and Accounting
Volume 5, Issue 4, July 2017, Pages: 131-138
Received: Mar. 23, 2017; Accepted: Apr. 19, 2017; Published: Jun. 14, 2017
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Authors
Clement Olatunji Olaoye, Department of Accounting, Faculty of Management Sciences, Ekiti State University, Ado-Ekiti, Nigeria
Abiodun Rafiat Ayeni-Agbaje, Department of Accounting, Faculty of Management Sciences, Ekiti State University, Ado-Ekiti, Nigeria
Abiola Peter Alaran-Ajewole, Department of Accounting, Faculty of Management Sciences, Ekiti State University, Ado-Ekiti, Nigeria
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Abstract
This study examined the impact of tax information, administration and knowledge on tax payers’ compliance of Block Moulding Firms in Ekiti State, Nigeria using a survey research design. The data obtained from questionnaire were analysed using the ordinary least square regression method. The results showed that tax information and knowledge had positive significant impacts on tax compliance while tax administration had an insignificant impact on tax compliance with unstandardized beta coefficients of 0.251 (t = 2.038, p<0.05), 0.322 (t= 3.682, p<0.05) and 0.077 (t = 1.021, p>0.05) accordingly. Thus, the study indicated that tax information, tax knowledge has higher tendency to promote tax compliance than tax administration. The study recommended that government should through its agencies educate the potential tax payers on tax laws and regulations by direct free symposia and seminars.
Keywords
Tax Information, Tax Administration, Tax Knowledge, Tax Compliance
To cite this article
Clement Olatunji Olaoye, Abiodun Rafiat Ayeni-Agbaje, Abiola Peter Alaran-Ajewole, Tax Information, Administration and Knowledge on Tax Payers’ Compliance of Block Moulding Firms in Ekiti State, Journal of Finance and Accounting. Vol. 5, No. 4, 2017, pp. 131-138. doi: 10.11648/j.jfa.20170504.12
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Copyright © 2017 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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