COMPUTERIZED COMPANY INCOME TAX SYSTEM. THIS TITLE IS ALSO REFLECTED IN THE PROPOSED PROJECT'S INTERFACE AND MENU DESIGNS AS DESIGN AND IMPLEMENTATION OF COMPUTERIZED COMPANY INCOME TAX SYSTEM.

The technological innovation has been an important matter in tax and revenue collection. The advent of new instruments to help businesses work more efficiently affects the way taxes and revenues are collected. Information Technology (IT) changes at a rapid pace that the existing fiscal systems become obsolete in a short period of time. The necessity to integrate former existing structures is becoming more demanding since new applications need to be created to assist the dynamics of financial processes. In addition, the quantity of processing data augments each year, which requires a scalable infrastructure to keep the fiscal processes working. For a long time, IT has played a major role in data oriented businesses, which extracts and process information in order to achieve their goals. Tax and revenue service is basically founded on financial data about individuals and businesses. In order to serve the government indirectly the nation that elected the political agents the Internal Revenue Service (IRS) is almost completely dependent on IT since its activities are essentially based on processed data that yield information to collect taxes and revenues. According to a world bank economic report on Nigeria published on thelstofMay2013, it was stated that95%ofthe government's budgeted expenditure depended on its projected oil revenue based on current world oil