Chapter One — 1.1 Background to the Study

Over the past decade, the relationship between multiple taxation practices and internally generated revenue has become a subject of considerable debate among scholars and industry practitioners alike, particularly within the context of Selected Commercial Banks in Nigeria where operating conditions differ markedly from more developed markets.

Selected Commercial Banks in Nigeria presents a useful setting for examining this relationship precisely because the conditions there — structural, regulatory, and behavioural — differ from those typically assumed in the broader literature, most of which draws on evidence from more developed economies.

1.2 Statement of the Problem

Despite a growing body of literature on multiple taxation practices, there remains limited consensus on the precise nature of its relationship with internally generated revenue, particularly within Selected Commercial Banks in Nigeria. Many organizations continue to make decisions about multiple taxation practices without a clear, evidence-based understanding of how those decisions ultimately affect internally generated revenue. This gap between practice and empirical understanding is the central problem this study seeks to address.

1.3 Objectives of the Study

1. To examine the effect of Multiple Taxation Practices on internally generated revenue in Selected Commercial Banks in Nigeria.
2. To assess the extent to which multiple taxation practices influences internally generated revenue within the study area.
3. To identify the challenges associated with multiple taxation practices in relation to internally generated revenue.
4. To recommend strategies for optimizing multiple taxation practices in order to improve internally generated revenue.

1.4 Research Questions

1. What is the effect of multiple taxation practices on internally generated revenue in Selected Commercial Banks in Nigeria?
2. To what extent does multiple taxation practices influence internally generated revenue within the study area?
3. What challenges are associated with multiple taxation practices in relation to internally generated revenue?
4. What strategies can be adopted to optimize multiple taxation practices in order to improve internally generated revenue?

1.5 Significance of the Study

Beyond its academic contribution to the field of taxation, this study has practical value for management teams within Selected Commercial Banks in Nigeria seeking to understand how multiple taxation practices translates into measurable outcomes around internally generated revenue. It is equally useful to students and future researchers looking for a localized empirical reference on this relationship.

1.6 Scope of the Study

The study is limited to an examination of Multiple Taxation Practices and its relationship with internally generated revenue within the context of Selected Commercial Banks in Nigeria. It reflects a clearly defined scope of analysis and relies on data and perspectives available within that scope; generalizing the findings beyond this specific context should therefore be done with appropriate caution.