The concept of globalisation presents independent tax jurisdictions with opportunities as well as challenges. This study appraises the Nigerian tax administration in the context of globalisation effect and the incidence of profit shifting through the use of systematic conceptualisation and the use of relevant connected theories to bring out the key elements of the study. It went ahead to discuss the weaknesses and challenges faced by the Nigerian tax administration in the wake of globalisation, linking globalization to digitalisation and how it facilitates the profit shifting phenomenon. It further recommends that the Nigerian tax administration should engage in a critical assessment of information technology infrastructure and policy infrastructure to find areas of weaknesses and improve on those weaknesses.
Cite this paper
Aliyu, A. O. , Kumai, N. S. and Mustapha, L. O. (2022). A Conceptual Review of Nigerian Tax Administration in Globalisation and Profit Shifting Challenges. Open Access Library Journal, 9, e9030. doi: http://dx.doi.org/10.4236/oalib.1109030.
Barrios, S. and D’Andria, D. (2020) Profit Shifting and Industrial Heterogeneity. CESifo Economic Studies, 66, 134-156. https://doi.org/10.1093/cesifo/ifz006
Harris, R.L. (2002) Introduction: Globalization and Globalism in Latin America: Contending Perspectives. Latin American Perspectives, 29, 5-23.
https://doi.org/10.1177/0094582X0202900601
IMF. Research Dept. (1997) World Economic Outlook, Mays 1997: Globalization: Opportunities and Challenges. International Monetary Fund, Washington DC.
https://doi.org/10.5089/9781557756480.081
Andika, L.R. and Amandari, L.T. (2020) Reforming Controlled Foreign Corporations in Indonesia: Lessons Learned from BEPS Action Plan and Germany. Jurnal Masyarakat Mandiri, 4, 467-474.
Rosario, S. and Chavali, K. (2020) Digitization of Taxation in the Changing Business Environment & Base Erosion & Profit Shifting (Beps) Special Reference to India. European Scientific Journal, 16, 61-74.
https://doi.org/10.19044/esj.2020.v16n1p61
Mohanty, K. (2022) Explained: Why Countries Are Betting on Global Minimum Tax to Get MNEs to Pay up Their Fair Dues. News18.
https://www.news18.com/news/india/explained-why-countries-are-betting-on-global-minimum-tax-to-get-mnes-to-pay-up-their-fair-dues-4304231.html
Zoromé, A. (2007) Concept of Offshore Financial Centers: In Search of an Operational Definition. IMF Working Papers, 7, 1.
https://doi.org/10.5089/9781451866513.001
Appah, E. and Oyadongha, J.K. (2011) The Challenges of Tax Mobilization and Management in the Nigerian Economy. Journal of Business Administration and Management, 6, 128-136.
Maiga, S. (2015) The Impact of Tax Collection in Achieving Revenue Targets: The Directorate General of Taxes of Mali Case Study. Theoretical Economics Letters, 5, 403-409. https://doi.org/10.4236/tel.2015.53046
Ahmed, O.I. (2019) Regulation of Income and Profit Shifting to Tax Haven Countries: A Suggested Approach for Nigeria. Malete.
http://www.ec.europa.eu/budget/explained/budg_system/financing/fin_en.cfm
Ajzen, I. (1991) The Theory of Planned Behavior. Organizational Behavior and Human Decision Processes, 50, 179-211.
https://doi.org/10.1016/0749-5978(91)90020-T
