Abstract:
Over the years, corporate tax and financial performance of companies has spearheaded researchers into action. The findings both positive in some cases and negative in others arouses curiosity. This research examines effect of corporate tax on financial performance of listed construction firms in Nigeria. Secondary data were utilized in order to run an ordinary least square (OLS) regression analysis. This was obtained from reported financial statements of seven registered construction firms in Nigeria for eleven years' period from 2012-2022. The findings showed a mixed result. The company income tax has negative and insignificance relationship with financial performance while the education tax and exercise duties have positive and insignificant relationship with financial performance of listed construction firms in Nigeria. The study recommends that the tax authorities effects the punishment on tax defaulters as enshrined in the law. Standard setters, regulatory agencies of the government should work towards making guidelines and enacting laws that encourages construction firms in Nigeria to pay these taxes promptly.
