CORPORATE SOCIAL RESPONSIBILITY AND TAX PLANNING IN NIGERIA

ABSTRACT

This study aims to examine the relationship between Corporate Social Responsibility and Tax Planning in Nigeria. The research focuses on the population of 161 companies listed in Nigeria, with a sample of 30 companies selected through the purposive sampling method over a five year period spanning from 2018-2022. Following a detailed analysis, the study conclusively revealed increase in Corporate Social Responsibility leads to an increase in the effective tax rate. The study therefore concluded that there is a negative relationship between Corporate Social Responsibility and Tax planning in Nigeria. The study therefore recommends that the environment should play an important role as a watchdog for maintaining transparency as well as ensuring social responsibility.