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Abstract:
This study examined the effect of tax reforms on ownership structure and dividend policy in Nigerian listed companies. The study obtained data from eleven (11) investment / financial analysts firms operated in the stock exchange located in Benin City, Edo State. Stratified random sampling method was adopted and primary data used to elicit responses with fifty - five structured questionnaires administered. The result of the study shows that Tax Reform has negative effect on ownership structure and dividend policy. The study recommends that tax policy makers should consolidate opinions with the stakeholders before tax can be reformed, Nigeria economy should be diversified to create more alternative source of government revenue, full autonomy should be granted to tax authorities to operate in the three tiers of government, and Tax Reform should not be an issue of sentiment but a means for government to achieve a sustainable economy growth and development. The study also recommends for future research to investigate the subject with different methodology.
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