Utibe Oliver Bassey, Monica Nke Akung,
EFFECT OF E-COMMERCE TRANSACTION ON TAX REVENUE IN NIGERIA
Abstract
The study investigated how e-commerce transactions influence tax revenue in Nigeria. It mainly relied on secondary data from the CBN Bulletin and utilized ordinary least squares for multiple regression analysis. Findings showed that ATM services have no significant impact on tax revenue performance in Nigeria. In contrast, point-of-sale systems and mobile banking significantly affect tax revenue, whereas web transfers do not. The study advised management to ensure ATM services are readily available, allowing taxpayers easy, 24/7 access.
Keywords
e-commerce transaction, Automated teller machine, point of sale (POS), mobile phone, web transfer, tax revenue,
JEL
E21, F62, H03,