Tax Aggressiveness and cooperate Governance Mechanism

ABSTRACT

This study provides evidence about the corporate governance and corporate tax aggressiveness in Nigeria for a sample of 15 listed banks; data were collected from the annual reports of the selected banks. Evidence in this study indicates that most of the variables had a positive relationship with tax aggressiveness. Banks also appear to use corporate tax aggressiveness to neutralize and as a medium to reduce their legal tax obligation and serve as a regulatory risk management strategy rather full recognition of their total contribution to the value creating process in the bank. This research has progressed the understanding of what 39 factors determine the quantity and quality of tax aggressiveness in Nigerian bank's annual reports.