Problems and Prospect of Company Income Tax Administration in Nigeria

The problems of company income tax collection already highlighted were the problems facing the federal board of Inland Revenue.
The  researcher  took  time  to  check  all  about  company  income  tax administration  problems  and  prospects  for  the  accomplishment  of  the objectives of the study e.g. reviews of related literature has been carried out to a reasonable level. Data gathered, collected and analysed. The results were used to test the three hypothesis which determine either to accept or reject the hypothesis.

This revealed some of the problems hindering the effective performance of  the  board  which  are  civil  service  bureaucracy,  Lack  of  working equipment’s and infrastructure, inadequate relevant training and incentives for tax officials and ineffective management strategies and practices etc Recommendations where made which where the solutions proffered by the researcher to check the problems of the company income tax collection administration.

As pointed out above the government has to take definitive measures to improve the collection machineries.