EFFECT OF VALUE ADDED TAX ON REVENUE GENERATION IN ADAMAWA STATE BOARD OF INTERNAL REVENUE YOLA.

ABSTRACTThis study investigate the Effect of value added tax on revenue generation in Adamawa State Board of internal revenue, Yola. The aims of the study are to identify the impacts of value added tax on income tax in Adamawa State board of internal revenue, Yola. Determine the effects of Income Value Added Tax on Income Tax in Adamawa State board of internal revenue, Yola among others. Review of related literatures from different scholars based on the research work were discussed. The study used survey design, a population of 286 respondents were analyzed out of which 280 were used as the sample size, questionnaire was used in the study to get a robust result. The findings reveal that; There is a direct relationship between value added tax and revenue generated in Adamawa State Board of Internal revenue Yola; The study concluded that value added tax is beneficial to the states in Nigeria and hence Nigeria economy. The study suggests that; The outcome of this study indicates that if more goods and services are taxed, the revenue base of the states will increase, therefore, government should develop a strategy to tax the citizens moderately; The tax collection body and mechanism used by tax officials to administer taxation collection must be free from corruption and embezzlement. If this is not done the revenue collected many not reach the desired point.