Title:
EFFECT OF DISRUPTIVE TECHNOLOGY ON COMPANY INCOME TAX OF THE SELECTED TELECOMMUNICATION NETWORK PROVIDERS IN NIGERIA

Authors:
Ajagun, Olusegun Peter, Adegbei, F. F. , Ajibade, A. T., Nigeria

Abstract:

The world has witnessed revolution in real time such as the access to new services through which digital finance has brought to billions of individuals. disruptive technological innovations are technologies that result in significant changes in the cost of or access to products or services, or that dramatically alter the ways we gather information, make products, or interact with each other. This study examines the effects of disruptive technologies (Mobile Number Portability, Horizontal Integration, Over the Top-Lawyer, Customer Experience Management and Soft-SIM) on company income tax. Ex-post facto research design was used for the study using published secondary data of selected listed Telecommunication companies (MTN, Globacom, Airtel and 9-mobile). Time series secondary data published by The FIRS and Ministry of Budget Planning were collected for both tax revenue and disruptive technology for the period of 2001 to 2019 and analyzed using regression analysis. It was discovered that Horizontal Integration has highest relative effect on the company income tax of the selected telecommunication network providers in Nigeria (R2 = 0.2, t = 6.03, p < 0.05), followed by Customer Experience Management (R2 = 0.16, t = 4.74, p< 0.05), next is Over the Top-Lawyer (R2 = 0.15, t = 4.18, p< 0.05). Soft-SIM had a negative relative effect on the company income tax of the selected telecommunication network providers in Nigeria with (R2 = 0.26, t = 7.651, p< 0.05), while Mobile Number Portability does not have a statistically significant effect (R2 = 0.-0.05, t = -1.34, p > 0.05).