TAX INCENTIVES AND ENTREPRENEURIAL DEVELOPMENT IN NIGERIA: EMPHASIS ON DELTA STATE ENTREPRENEURS

The study examined the relationship between tax incentive modelling and entrepreneurial development in Nigeria with emphasis on Delta state, Nigeria. The main objective of the study is to ascertain various measures of tax incentives affect entrepreneurship in the Nigerian economy. The main source of data was the distributed questionnaire amongst selected entrepreneurs in Delta state, Nigeria. The study ensured to include only questionnaires that were filled completely by the sampled 385 respondents. The data was compiled and analyzed using descriptive statistics, Cronbach Alpha and linear regression model in testing the hypotheses. The findings revealed that tax holiday and tax exemption impact entrepreneurial development in Nigeria significantly. By implication, the holiday and tax exemption improves entrepreneurship development in Nigeria. Meanwhile, rural location tax incentives exhibited negative insignificant relationship with entrepreneurial development in Nigeria. The study recommended that policymakers in Nigeria should prioritize the implementation of tax policies that specifically target and incentivize entrepreneurial activities. Building upon the findings of this study, efforts should focus on expanding and enhancing tax holidays and exemptions to alleviate financial burdens on businesses, particularly startups and small enterprises