Year: 2025
Type: article
Abstract: Despite the abundance of natural deposits and active participation in the global digital economic market, Nigeria continued to borrow to finance her annual budget which has led to huge debt financing of the National budget. The non-oil income of Nigeria, inclusive of taxes is at a depleted level. To determine the concept that can lead to optimum tax revenue, this study appraises the effect of digital tax, tax administration, and tax legal frameworks on sustainable economic development in Nigeria. The study employs conceptual review methods; it found inefficient tax administration, insufficient tax legal frameworks, and a lack of specialized courts of jurisdiction negatively affecting digital tax compliance. This inadequate compliance consequently leads to low tax revenue with threatens the nation's economic sustainability. The study concluded that digital tax and tax administration have effects on the attainment of sustainable economic development in Nigeria. The study recommends that the FIRS, with the required resources, should ensure efficient operations, while the federal government should review the legal and technical capacity of the FIRS in line with the requirement to combat digital tax evasion and enhance optimum compliance to achieve sustainable economic development.
Source: Manajemen dan Bisnis
Institution: Crescent University
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4409303797