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Determinants of Tax Compliance: A Case of Nekemte Town Category ‘C’ Business Profit Tax Payers
Issue:
Volume 8, Issue 3, June 2020
Pages:
89-97
Received:
24 March 2020
Accepted:
28 April 2020
Published:
3 June 2020
Abstract: This study is designed to investigate the determinants of tax compliance in a case of category “C” business profit taxpayers in Nekemte town. To achieve the designed objectives the study employed a quantitative approach. Necessary data for the study were gathered via questionnaire and reviewing necessary documents. To do this the researcher took out 346 samples from the total 2580 population size of category “c” taxpayers and analyzed the returned 240 questions. The sample size of the study was determined by using simple random sampling technique. Responses of respondents were presented by using the data presentation tools and analyzed via STATA 10 software application and descriptive analytical methods using tables and charts. The study found that, family size and length of tax payment period has a significant negative influence on tax compliance. On the other hand, tax knowledge and awareness and tax penalty and fines has a significant positive influence over the level of tax compliance. The assessed amount of tax, probability of auditing and attitudes towards equity and fairness are insignificant factors in determining the compliance behavior of taxpayer. Finally the researcher recommended that different job opportunities and incentives should be provided by the authorized body to increase earning of large size family members. ERCA should be follow up taxpayers and control their activities to easily prevent evasion by taxpayers; and sufficient and adequate training, awareness creation and education should be offered to taxpayers to enhance their knowledge regarding to tax. Besides ERCA should take measures and penalties on those taxpayers who are not willing to pay their tax liability within a specified time period for the purpose of generating more revenues.
Abstract: This study is designed to investigate the determinants of tax compliance in a case of category “C” business profit taxpayers in Nekemte town. To achieve the designed objectives the study employed a quantitative approach. Necessary data for the study were gathered via questionnaire and reviewing necessary documents. To do this the researcher took ou...
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Non-linear Effects of Investment in Road Infrastructure on the Structural Competitiveness of the Economy: The Case of Burkina Faso
Issue:
Volume 8, Issue 3, June 2020
Pages:
98-107
Received:
15 May 2020
Accepted:
29 May 2020
Published:
8 June 2020
Abstract: This article assesses the non-linear effects of investment in road infrastructure on the structural competitiveness of the economy of Burkina Faso. After selecting a period from 1980 to 2015, we estimated two econometric models. These are the quadratic estimation and that of the spline. The results obtained revealed a non-linearity between the structural competitiveness of the economy and investment in road infrastructure. Indeed, the quadratic estimation made it possible to identify a non-linearity in the shape of an inverted U with an optimal threshold of 10.11%. Regarding the spline estimation, it provided an optimal interval of [5%; 15%]. In this interval, a 1% increase in investment in road infrastructure improves structural competitiveness by 0.018%. However, beyond 15%, a 1% increase in investment in road infrastructure leads to a decrease in structural competitiveness by 0.013%. In view of these results, the implication of economic policy that emerges is that in order to benefit from optimal structural competitiveness, the share of investment in road infrastructure in the total investment budget must be between 5% and 15%.
Abstract: This article assesses the non-linear effects of investment in road infrastructure on the structural competitiveness of the economy of Burkina Faso. After selecting a period from 1980 to 2015, we estimated two econometric models. These are the quadratic estimation and that of the spline. The results obtained revealed a non-linearity between the stru...
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Islamic Banking: A Comparative Survey with Christianity and Conventional Banking
Ubesie Madubuko Cyril,
Ugah Helen,
Ukwuezue Sylvanus Ucheson
Issue:
Volume 8, Issue 3, June 2020
Pages:
108-111
Received:
16 September 2019
Accepted:
26 May 2020
Published:
8 June 2020
Abstract: Nigeria as a secular state is dominated by Christianity and Islam hence the name Islamic Banking raises curiosity. This study is purely a theoretically based discussion on Islamic accounting, banking and finance in Nigeria. Nigeria is generally recognized and widely referred to as the ‘giant of Africa’. Again, she is being recognized and looked upon to be the hub of economic development of the whole of Africa. To maintain this great name, Nigeria has to improve her economy in all ramifications, hence, the issue of Islamic accounting, banking and finance among scholars provided evidence of economic benefits and development in Nigeria and among countries that have Islamic financial institutions (IFIs). The primary characteristics of Islamic Banking are; prohibition of interest, low consumer lending, sharing of risks, sharing of profit or loss and high real sector investing, which seem to be in divergence with the conventional banking concept and practice. The Study adopted a literary review of Islamic and Christian literature on economic matters in relation to their faith/ belief system. The principal information apart from commentaries of scholars are derived from the Holy Bible and the Quran. The concept can also refer to the investments that are permissible under Shariah. This study recommends that both the government and promoters of Islamic accounting, banking and finance should make sincere effort through collaboration that will bring about a more detailed guideline for full operationalization of Islamic accounting, banking and finance in Nigeria.
Abstract: Nigeria as a secular state is dominated by Christianity and Islam hence the name Islamic Banking raises curiosity. This study is purely a theoretically based discussion on Islamic accounting, banking and finance in Nigeria. Nigeria is generally recognized and widely referred to as the ‘giant of Africa’. Again, she is being recognized and looked upo...
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Routines and Incentives, and Their Influence on Compliance with the Doctrinal Principles of Fisheries Cooperatives
Ana Laura Bojorquez Carrillo,
Victor Manuel Villasuso Pino,
Idalia Amparo de los Santos Briones
Issue:
Volume 8, Issue 3, June 2020
Pages:
112-121
Received:
16 July 2018
Accepted:
8 August 2018
Published:
17 June 2020
Abstract: Fisheries cooperatives play an important role in Mexico, given that they are capable of generating employment, supplying food, stimulating local commerce, and promoting democracy and social integration in the communities where they operate. Fisheries production cooperatives form part of a sector called the social economy. Nevertheless, like all organizations, they face problems in terms of management, worker relations, rule implementation, and continuance over time. The aim of this study is to analyze and identify the degree of influence that exists between the informal constraints of fisheries production cooperatives (specifically in the form of institutional routines and incentives) and compliance with their doctrinal principles. This study uses a non-experimental quantitative, cross-sectional, correlational-explanatory approach. The research methods consisted of the construction of associated indices, descriptive statistics, correlation analysis and multiple linear regression analysis. Three hypotheses were proposed. With regard to H1, the results showed that informal constraints in the form of routines are moderately correlated with the level of compliance with the formal rules. Regarding the results for H2, it was confirmed that informal constraints in the form of incentives are very weakly correlated with the level of compliance with the formal rules. And with regard to H3, based on a joint analysis of the variables, only routines significantly influenced compliance with these doctrinal principles. Based on the above, it was concluded that routines and not incentives are the factors that exert the greatest influence on compliance with the doctrinal principles of cooperatives.
Abstract: Fisheries cooperatives play an important role in Mexico, given that they are capable of generating employment, supplying food, stimulating local commerce, and promoting democracy and social integration in the communities where they operate. Fisheries production cooperatives form part of a sector called the social economy. Nevertheless, like all org...
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New Subjects of Entrepreneurship in Russia – Self-Employed Persons
Issue:
Volume 8, Issue 3, June 2020
Pages:
122-127
Received:
22 May 2020
Accepted:
12 June 2020
Published:
29 June 2020
Abstract: The article is dedicated to novelties in regulation of entrepreneurship in the Russian Federation, regulation of rights of individuals residing in the Russian Federation and a number of other states: Kazakhstan, Armenia, Kyrgyzstan, and Belarus, to carry out professional activities and receive incomes in the self-employed status in conditions of application of the special tax regime Tax on Professional Activities. The experiment of introducing self-employed persons started on January 1, 2019. It was conducted initially in four subjects of the Russian Federation, and then it was extended to 23 regions. Starting from July 1, 2020, it will be applied throughout the jurisdiction of the Russian Federation. The number of self-employed persons is increasing with each passing month of the experiment. In our opinion, the emergence of a new subject in addition to pre-existing legal forms of entrepreneurship (private entrepreneurs, public and non-public joint stock companies, limited liability companies, etc.) allows individuals, including citizens of a number of states, as we see, not only to raise additional income but also use their professional skills and abilities. Activities of self-employed persons cover a significant number of professions, and specialties, except for only some of them mentioned in the article. The loyal tax regime for self-employed persons will allow them to make a decision based on their will either to be employed and dependent on position, and sometimes on employer’s mood or to fulfill themselves, perhaps, in danger of adequate revenue loss but with beliefs in own abilities and skills. Settling down to a course of this type of entrepreneurial activity, the market environment should be taken into account and economical segments where a service or goods produced by a self-employed person will be sold should be analyzed.
Abstract: The article is dedicated to novelties in regulation of entrepreneurship in the Russian Federation, regulation of rights of individuals residing in the Russian Federation and a number of other states: Kazakhstan, Armenia, Kyrgyzstan, and Belarus, to carry out professional activities and receive incomes in the self-employed status in conditions of ap...
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