DIGITAL TAXATION AND REVENUE GENERATION IN NIGERIA (A CASE STUDY OF FEDERAL INLAND REVENUE SERVICE, UYO)

This research study was designed to investigate the influence of digital taxation on revenue generated in Nigeria using Federal Inland Revenue Service, Akwa Ibom State as a case study. The research study deployed both ex-post facto and survey design of the study. The survey method involved descriptive and explanatory survey form. The study employed time series analysis method in obtaining the data, used for analysis. The time series data covers from 2014-2023 accounting year. The study made use of descriptive and inferential statistics like frequency tables and simple percentages to analyses data collected. Simple linear regression method of analysis was used to test the hypothesis at 0.05% level of significance. Finding among others revealed that digital taxation has a significant effect on revenue generation in Nigeria for the period 2014-2023. It was concluded that digital tax payment system is one of the ways through which governments globally utilize to enhance the provision of public services and the circulation of public administration information to the society. Based on this conclusion, it was recommended in the study that Government should fully accept digital tax system which can drive greater transparency in digital transactions and business operations, encouraging higher levels of tax compliance among businesses and individuals. Also, revenue generated from digital taxes should be used to ensure essential public services including healthcare, education and infrastructural development contributing to overall economic stability and growth