DIGITALIZATION OF TAX SYSTEMS AND TAX REFORMS IN NIGERIA: A CONCEPTUAL DISCOURSE

The sweeping revolution in the digital space has significantly altered the traditional tax system. Digitalization plays a critical role in tax reform by providing tools needed to administer tax policies effectively. Against this backdrop, this paper examines digitalization of tax systems and tax reforms in Nigeria, utilizing a conceptual and literature-based approach. Based on the review, the study opined that sound legal framework as well as institutional, regulatory and capacity building structures be put in place to strengthen the digitalization of tax systems in Nigeria. The study concludes that with the changing and growing space of technology and innovation, no country, including Nigeria should be left standing with respect to fundamental reforms in the tax collection process in a fast-changing global architecture. The study recommends that pushing for the enactment of enabling legal framework to guide the digitalization of tax administration is important because the enactment of such legislation will aid the effective implementation and collection of taxes from digital transactions among others.