ABSTRACT
This research delves into investigating the influence of tax as a stimulus for economic growth Despite considerable interest in the relationship between tax stimulus and economic growth, prior studies have yielded inconclusive results, indicating a need for further examination, particularly in developing countries like Nigeria, where tax revenue appears to be on a decline. The study's target population was the university of benin. The sample size was precisely the department of Accounting .
Primary data was collected through questionnaires administered to 71 experienced staff, Professors, Accountants, Tax practitioners, Lecturers and tax personnel. A survey research design was employed. Data analysis involved descriptive statistics, and the ordinary least square regression (OLS) as well as the E.- views software was specifically used.
The research reveals a positive association between tax stimuli which includes (Tax revenue, Personal income tax, Tax administration, and corruption in tax systems) and the economic growth of Nigeria. As a result, the study recommends that the government should be transparent, authorities should beef up the regulatory and legal structures needed to effectively manage the collection of taxes by taxpayers in order to increase revenue generation. Additionally, for optimizing tax revenue and promoting higher-quality development outcomes, modifications to the tax administration system are essential.
Conclusively, this study asserts that tax stimuli operations which are relevant to the government do significantly impact economic growth.