Tax Compliance Cost, Tax Based Broadening and Tax Revenue in Nigeria

The study examined the effect of tax compliance cost and tax-based broadening on tax revenue in Nigeria, covering a study period of 29 years ranging from 1995-2024. The study employed the use of secondary data sourced from institutions in Nigeria involved in tax revenue generation. The study employed the use of descriptive and inferential statistical tools in analyzing the data utilized in the study. The study hypotheses were tested using the ordinary least square (OLS) regression model. The findings revealed that tax compliance cost and tax-based broadening has insignificant positive effect on tax revenue in Nigeria. The study recommended that Nigeria should focus on strengthening its tax administration and enforcement mechanisms to foster better compliance and broaden the tax base. This can be achieved through the introduction of more efficient tax collection systems, the adoption of digital technologies for ease of payment and tracking, and enhancing the transparency in the use of tax revenues to build public trust.