Assessment of Tax Pro-Max Initiative and Revenue Performance in Nigeria
Joel Kanyi TIVDE *
Department of Accounting, University of Mkar, Nigeria.
Justin Iorakpen IORUN
Department of Accounting, Benue State University, Makurdi, Nigeria.
Terkula Bishop DZUNGWE
Department of Accounting, Benue State University, Makurdi, Nigeria.
*Author to whom correspondence should be addressed.
Abstract
This study assessed effect of Tax Pro-Max initiative on revenue performance in Nigeria, examining both the intended objectives and actual outcomes of the policy. The research design adopted was ex-post facto. Secondary data were sourced from the quarterly reports of the Federal Inland Revenue Service beginning from 2018 to 2023, culminating to 24 quarters. The study employed regression as the technique of data analysis and descriptive statistic for comparison of means with the aid of E-Views version 12 as a tool for data analysis. The study found that Tax Pro-Max had positive effect on tax compliance and revenue performance in Nigeria. It was therefore recommended among others that Federal Inland Revenue Service should create e-tax payment mobile application that can be installed on android phones to further simplify the self-assessment system.
Keywords: Tax Pro-Max initiative, taxpayer compliance, revenue collection efficiency, revenue performance