DIGITAL ECONOMY AND TAX COLLECTION IN NIGERIA

The broad objective of this study is to examine the impact of board attributes on tax aggressiveness in Nigeria. The data were obtained from the annual reports of individual DMBs submitted to Nigerian Stock Exchange. Therefore, the data needed was extracted from the audited financial reports of the selected firms within the periods of five years. There is a positive and significant relationship between board size and tax aggressiveness. There is a positive and insignificant relationship between board diversity and tax aggressiveness. There is a negative and significant relationship between ownership concentration and tax aggressiveness. There is a negative and insignificant relationship between managerial ownership and tax aggressiveness, and there is a negative and significant relationship between foreign ownership and tax aggressiveness. The board of directors of corporate organizations in Nigeria should restructure the board in terms of diversity. We recommend that this will ensure there is an adequate mix of directors consisting of female and male, nationality mix, size, educational qualification, and professional training to possibly influence the operational performance, including tax expense reduction