Fairness Perception and Income Tax Voluntary Compliance in Nigeria

Governments impose taxes on their citizens and businesses as a means of raising revenue which is then used to meet their budgetary demands. This includes financing government and public projects as well as making the business environment in the country conducive for economic growth. This book prived insights on how policymakers encourage voluntary tax compliance through the application of fairness in the tax system. Generally advocates of tax fairness believe that taxes should be based on a person's or company’s ability to pay. This means that individuals and corporations with greater incomes pay a larger percentage of their income than low-income people or smaller businesses. Advocates of tax fairness tend to advocate for closing loopholes in the tax code that allow certain individuals and corporations to avoid paying taxes. Policymakers around the globe searched for the appropriate way to encourage voluntary tax compliance. Therefore this book can be used by the policymakers to serve as a catalyst to encourage voluntary tax compliance.