Moderating Role of Tax Justice on Tax Laws and Revenue Generation in Nigeria (Published)
The aim of this study was to empirically investigate the moderating role of tax justice on tax laws and revenue generation in Bayelsa State, Nigeria. The specific objectives were to investigate Personal Income Tax Act, Company Income Tax Act, Capital Gains Tax Act, Value Added Tax Act, Education Tax Act and tax justice on income tax. The study anchored on comparative treatment theory and cross-sectional research design with data collected from primary and secondary sources. The Primary data comprised of structured questionnaires from a sample of 243 respondents (taxpayers) in Bayelsa State, Nigeria after validity and reliability tests while the data obtained from the respective taxpayers were analysed by using structural equation model. The findings indicated a positive and significant link between tax laws (Personal Income Tax Act, Company Income Tax Act, Capital Gains Tax Act, Value Added Tax Act and Education Tax act) and revenue generation (tax income) in Baylesa State. The study also revealed that tax justice positively and significantly connects between tax laws (personal income tax act, company income tax act, capital gains tax act, value added tax act and education tax act) and revenue generation (tax income) in Baylesa State, Nigeria. From the findings of this study, we concluded that tax justice positively and significantly moderates the association between tax laws and revenue generation in Bayelsa State, Nigeria. We recommended amongst others that the government should accurately interpret existing tax laws to guarantee persistent tax collection among taxpayers, and such revenue generation is the foundation of a good tax system.
Keywords: Revenue Generation, structural equation model, tax justice, tax laws