Tax Incentives and Entrepreneurial Development in Nigeria: Emphasis on Delta State Entrepreneurs

Description

The book explores the relationship between tax incentives and entrepreneurial development in Nigeria, focusing on Delta State entrepreneurs. It highlights Nigeria’s economic challenges, the importance of entrepreneurship, and the role of tax incentives in promoting economic growth.
The author reviews existing literature on: Tax incentives and entrepreneurship, theoretical frameworks (neoclassical), international best practices (Singapore) and Nigeria’s tax policies and entrepreneurial development.
The author discusses:
1. Types of tax incentives (reduction, exemption, holiday)
2. Impact of tax incentives on entrepreneurial decisions
3. Challenges faced by entrepreneurs (bureaucracy, corruption, infrastructure.
Key findings include:
1. Tax incentives significantly influence entrepreneurial growth in Delta State.
2. SMEs benefit more from tax incentives than large enterprises.
3. Major challenges include bureaucratic processes, corruption, and inadequate infrastructure.
The book concludes that tax incentives are crucial for entrepreneurial development in Nigeria.