ABSTRACT
An appraisal of tax holiday incentive programme could apart form critically examine the nature of and type of incentive after proceed form two angle – Micro and Macro. The micro aspect is an attempt to access the significances of the programme in the beneficiary while the macro aspect is the attempt to excess the whole aspect of aspect of the programme to the government and to the economy.
This paper only attempt to analyze the impact of holiday tax on investment on the pioneer industry form the macro aspect (that is – assessing the significances in the investment decision of the benefinciary it is one thing to grant tax holiday relief to the qualified companies and it is another thing whether the infant industry incentive is crucial in the investment decision of the companies affected t commence and continued operation.
The fact that the benefiting company has precedes substantial return from the point of view of the economy dose not mean that the tax holiday incentive, which they enjoy, is superfluous. Much the same result could have been archived without the enjoyment for he incentives. The general belief particularly among incentive will induce an interpretation to set up the operation n the priority areas approved by the government. This was the belief in 1952 and 1958 when the aid to pioneer industrial ordinance and the industrial development (income tax relief) acts were posed respectively.
This provides is with the tax holiday, which is the significances to pioneer income companies profit and Liquidity Company.
Bill Borrow and Porter “ liquidity model for physical incentive evaluation” is used in this work to measure the extent the industry is incentive induced.
Based partly on the result of the analysis and partly on the different conception of the effectiveness of tax holiday scheme. It is concluded that not only the infant or the pioneer companies are incentive induced but also that the scheme is working out effectively with those companies qualified and granted the status.
TABLE OF CONTENT
Title page
Approval page
Dedication
Acknowledgement
Abstract
Table of content
CHAPTER ONE:
1.1 Introduction
1.2 Statement of the problem
1.3 Objective of study
1.4 Significance of study
1.5 Statement of the hypothesis
1.6 Scope of the study
1.7 Scope of the study
1.8 Definitions of terms
CHAPTER TWO:
2.1 Review of the related literature
2.2 Preambles
2.3 Classifications for fiscal incentives
2.4 Objective if tax holiday
2.5 Nature of legislative position on the holiday tax
2.6 The fiscal scarifies
2.7 Criticism of tax incentive scheme
2.8 Holiday tax scheme
2.9 The pioneer industry
2.10 Method of evaluation for the impacts of tax holiday
2.11 The liquidity method
2.12 The survey approach
2.13 The computation profit approach
2.14 The pioneer/ infant company
CHAPTER THREE
3.1 Research design and methodology
3.2 Source of data
3.3 Primary
3.4. Area of study
3.5 Populations for the study
3.6 Instrument for data collection
3.7 Reliability for the instrument
3.8 Validity of the instrument
3.9 Method of administration
3.10 Method of data analysis
3.4 Secondary data
3.5 Sample used
3.6 Method of investigation
CHAPTER FOUR
4.1 Data analysis and interpretation
4.2 data presentation and analysis
4.3 Test of hypothesis
CHAPTER FIVE
SUMMARY, FINDINGS, CONCLUSION AND RECOMMENDATION
5.1 Summary of the findings
5.2 Conclusion
5.3 Recommendation
BIBLIOGRAPHY
APPENDIX / QUESTIONNAIRE
