THE EFFECT OF TAXATION ON BUSINESS AND INVESTMENT DECISION
This study “Effect of Taxation on Business and Investment Decision” is undertaken to investigate the effect of company income tax on business and investment decision of companies in Nigeria. The main objective of this study is to bring into focus the importance of effective and efficient tax planning. The researcher employed descriptive statistics method and percentage in the analysis of data.
The study revealed that there exist statistical significance relationship between taxation and business and investment decision. The study concludes that taxation is indispensable in all modern business organizations. Therefore, the study recommends that optimum rate of tax that will be beneficial to the government on one hand and the firms on the other hand should be charged in order to bridge the negative effects of taxation.