TAX COMPLIANCE STRATEGIES AND FEDERALLY COLLECTED REVENUE IN RIVERS STATE

Accounting

ABSTRACT With the specific goals of determining the associations between voluntary tax compliance and company income tax in Rivers State and the relationship between tax compliance simplicity and company income tax in Rivers State, this study examined the relationship between tax compliance strategies and federally collected revenue in Rivers State. The research study used a descriptive survey design. Seven (7) Revenue Collection offices in Rivers State, with a total of 299 respondents, made up the study's population. Seven (7) Revenue Collection Office branches in Rivers State were used as the sample size for the study. Taro-Yamen's method was used to calculate the responder rate, which resulted in a total of 171 respondents. Using a questionnaire, primary data were gathered from respondents. The null hypotheses were tested using the Pearson Product Moment Correlation Coefficient and the Statistical Package for Social Sciences (SPSS) version 25.0. The study's findings show that voluntary tax compliance has a very strong positive and significant link. Firm income tax in the state of Rivers, and there is a very strong, positive, and substantial correlation between tax compliance ease and company income tax in Rivers. Based on the findings, it was recommended that the Federal Government show honesty in the use of tax revenue because doing so would increase the faith of taxpaying citizens in governance. These actions, among many others, would encourage Rivers state residents to honor their tax obligations.

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