This study investigated tax compliance and corporate performance of listed deposit money banks in Nigeria. The specific objectives were to investigate if tax compliance has significant effect on return on assets, return on equity and earnings per share. The secondary source of data collection was adopted in the study while the purposive sampling technique was used to select a sample size of ten (10) listed deposit money banks in Nigeria. Ordinary Least Square regression analysis was used in this study and the findings revealed that tax compliance has significant effect on return on assets and that tax compliance has significant effect on return on equity and that tax compliance has no significant effect on earnings per share. The study recommended among others that to improve the return on assets of deposit money banks in Nigeria, the services of tax experts should be engaged in legal tax planning, like transfer pricing or structuring intra-company debt, in order to reduce the net tax payment. By doing so, the net income after tax will increase, this in turn increases corporate performance.
Augustine et al. (Fri,) studied this question.