DETERMINANTS OF CORPORATE TAX AGGRESSIVENESS IN NIGERIA MANUFACTURING SECTOR

Omoruyi, Bright Inuaghata (), Mary, Josiah and Uzamere, Jim Onaiwu ()
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Omoruyi, Bright Inuaghata: Department of Accounting, Postal: College of Business and Management Studies,, Igbinedion University Okada,, Benin City, Edo State., ,, https://www.afarng.org/jfafi/
Mary, Josiah: Department of Accounting, Postal: College of Business and Management Studies,, Igbinedion University Okada,, Benin City, Edo State., https://www.afarng.org/jfafi/
Uzamere, Jim Onaiwu: Department of Accounting, Postal: College of Business and Management Studies,, Igbinedion University Okada,, Benin City, Edo State., https://www.afarng.org/jfafi/

Journal of Forensic Accounting & Fraud Investigation (JFAFI), 2021, vol. 6, issue 1, 192-209

Abstract: This study centered on the determinants of corporate tax aggressiveness in Nigeria manufacturing sector. The broad objective of this study was to determine the extent to which profitability, firm size, leverage, multi-nationality influence tax aggressiveness. Samples of fourty (40) quoted manufacturing on the Nigerian Stock Exchange were conveniently selected for a period of four (4) years (2015 – 2018). The Ordinary Least Square (OLS) regression technique was employed in estimating the data. The study found that there is a negative and insignificant relationship between profitability, multinationality and tax aggressiveness, while leverage and firm's size exhibited a positive and insignificant association with tax aggressiveness. In line with the findings, the researcher recommended that review the tax laws to ensure that the various loopholes which give companies room to engage in tax aggressive practices is greatly minimized

Keywords: Firm size; Leverage; Multinational; Profitability; Tax aggressiveness (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:ris:jfaafi:0040

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