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Abstract:
The main problem is that revenue from Business Profit Tax (BPT) has been declining and urgent solution needed. The goal is to seek ways for mobilization of adequate revenue to boost the economy. The research design used quantitative method, primary and secondary sources of data. Lack of peace and continuity of civil conflict affected revenue generation. Lack of good governance and administration, alongside lack of capacity and training, negatively impacted on the revenue collection. Arbitrary and widespread exemptions must be avoided and restriction imposed. Urgent reforms on BPT law, policy and practices need to be expeditiously carried out. Such reforms should emphasize a spending based on budgetary settings.
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