Research Purpose: In the digital age, tax digitization has the potential to revolutionise revenue mobilisation. This study explores the impact of tax digitization on revenue generation in Lagos State, Nigeria.
Methodology: A survey design was employed, targeting 343 management staff from Lagos State Inland Revenue Service (EIRS) and Federal Inland Revenue Service (FIRS). A sample of 183 respondents was selected, and primary data were collected via structured questionnaires. Descriptive statistics and Ordinary Least Square regression methods were used for analysis.
Findings: The findings indicated that online tax registration and payment have a significant positive relationship with revenue generation, whereas online tax filing and TIN issuance did not show a significant positive impact on revenue generation.
Conclusion: The study concludes that effective online tax registration and payment are critical for enhancing revenue generation in Lagos State.
Recommendations: To optimise revenue collection, federal and state revenue agencies should promote proper online tax registration, timely annual tax filing, and prompt online payment by eligible individuals and corporate entities in Lagos State.