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A Comprehensive Tax History of Nigeria

Nigeria Federal Inland Service

Publication Year: 2012

This book discusses the evolution of taxation in Nigeria within the framework of eight broad themes i.e., The Origin and Practice of Fiscal Federalism in Nigeria, The Constitutional Context for Taxation, The Three Eras of Taxation in Nigeria, The Structure and Jurisdiction of Nigerian Tax Authorities, Instruments of Tax Policy, Statutory Developments, Beyond Oil Revenue: The Case for Tax Reform and Making the Nigerian Tax System Globally Competitive.

Published by: African Books Collective

Cover

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p. C-C

Title Page, Copyright

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pp. i-iv

Contents

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pp. v-vi

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Foreword

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pp. vii-viii

Several volumes have been written on the subject of taxation and even more volumes onthe history of Nigeria. However, while some writers may be credited with the occasionaltreatise on the history of taxation in Nigeria, it is doubtful if a comprehensive treatment ofNigerian taxation has been done from a decidedly historical perspective. Yet, so much thatexists in the form or nature of modern Nigerian tax practice is premised substantially on...

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Preface

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pp. ix-x

At the Regional Enlarged Management Meeting of the Federal Inland Revenue Service heldin Lagos on 17th May 2007, a discussion arose as to what had been happening in the taxsystem before the advent of comprehensive reforms beginning in 2004. This discussion ledto the conception of the museum project as a strategy for preserving developmentalmilestones in the tax sector for the sake of posterity. As a corollary to the museum project,...

Acknowledgements

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pp. xi-xii

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1. The Origin and Practice of Fiscal Federalism in Nigeria

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pp. 1-32

The principles of fiscal federalism are concerned with how taxing, spending and regulatoryfunctions are allocated among the component parts of a federation, and howintergovernmental transfers are structured among these parts.1 These arrangements are offundamental importance to the efficiency of the provision of public services. In Nigeria,the practice of fiscal federalism has been riddled with problems, not least of which is the...

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2. The Constitutional Context for Taxation

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pp. 33-66

This chapter traces the constitutional development of Nigeria since the 1914 amalgamation.It explains how different constitutional arrangements in Nigeria have provided the enablingframework for taxation and how government taxing powers have evolved through differentpolitical and constitutional epochs. This analysis provides further insight on the impact thevarious constitutional arrangements have had in defining the nature of relations among the...

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3. The Three Eras of Taxation in Nigeria

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pp. 67-120

Taxes are as old as the history of organised human society. During the reign of the Pharaohsin Egypt tax collectors were called scribes and taxes were collected on various items includingcooking oil.1 In the ancient Greek city of Athens, taxes were especially important in timesof war. The tax imposed during times of war was known as eisphora and no one was exemptedfrom this tax. After the war, when additional resources were gained, the eisphora tax was...

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4. The Structure and Jurisdiction of Nigerian Tax Authorities

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pp. 121-130

The nucleus of the Federal Inland Revenue Service was formed with the appointment, in1935, of Frank G. Lloyd as the Commissioner of Income Tax for the Colony and Protectorateof Nigeria. Like his counterparts in Gold Coast (Ghana), Sierra Leone, and Gambia, Lloydwas overseen by Walter B. Dare who was the Commissioner of Income Tax for Anglo-phone West Africa comprising of Nigeria and the aforementioned colonies. Lloyd was assisted...

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5. Statutory Developments

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pp. 131-300

With the fall of Sokoto in 1903, the entire area of present day Nigeria had come underBritish domination. As pointed out in the preceding chapters, even prior to the appointmentof Sir Frederick Dealtry Lugard as British High Commissioner for the Northern Protectoratein 1900, various forms of taxation had already been in place in Northern Nigeria. As aresult, Sir Frederick did not have to introduce taxation to the north as a novel idea. His...

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6. Instruments of Tax Policy

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pp. 301-332

Nigerian tax policy up to 2010 was a varied mix of legislation, judicial pronouncements,budget speeches, committee reports and international treaties. The National Tax Policy- anoutcome of the 2002 Study Group of the Nigerian tax system- was approved by the FederalExecutive Council in 2010. The National Tax Policy, which is discussed in detail in thelatter part of this chapter, provides the objectives to be achieved and the principles to be...

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7. Beyond Oil Revenue: The Case For Tax Reform

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pp. 333-352

The Nigerian economy was largely dependent on agro-products before oil was discovered incommercial quantities in the latter part of the 1950s. The country?s major exchange earningsat the time came from cash crops such as cocoa, rubber, palm oil, cotton and groundnuts.Although mining activities such as coal in Enugu and tin and columbite in Jos contributedto foreign earnings, agriculture remained the bulwark of the economy; accounting for about...

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8. Making the Nigerian Tax System Globally Competitive

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pp. 353-358

Taxation is now globally recognised as the only practical source of sustainable revenue tofinance government spending. Zee and Tanzi are of the opinion, however, that while strivingto raise revenue levels, taxing systems in developing countries must ideally avoid threescenarios namely; excessive borrowing; discouraging economic activity; and deviating toomuch from other tax systems. In other words, an ideal tax system must strike a balance...

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Index

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pp. 359-386

Aberuagba vs. Attorney General of Ogun State (1985)1NWLR (pt..3)Aluminium Industries A.G. vs FBIR (1971) NMLR 339?????????.. 305Attorney General of Abia State & 2 others vs. Attorney General of the FederationFast Forward Sports Marketing Ltd,. vs The Port-Harcourt City Local GovernmentLagos State Board of Internal Revenue vs. Eko Hotels Ltd & Anor (2008) ALL...

Back Cover

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p. BC-BC


E-ISBN-13: 9789788431541
Print-ISBN-13: 9789784877640

Page Count: 398
Publication Year: 2012