TAX STRUCTURE AND ECONOMIC GROWTH IN SUB-SAHARAN AFRICA

This study examines the impact of tax structure on economic growth in Sub-Saharan Africa over a 10-year period (2010-2020). This study utilized an ex-post facto design consisting of Panel ARDL. The study population consists of seven sub-Saharan Africa countries. This study used Gross Domestic Product to measure economic growth, while the independent variables were measured using (personal income tax (PIT), company income tax (CIT), excise and Custom duties (ECD) and Inflation). This study used secondary sources of data. E-Views 09 statistical software was used to perform OLS regression analysis, descriptive analysis, and Panel ARDL correlation analysis. The panel unit root results revealed that GDP, CIT and ECD were stationary at first difference of order one while PIT and INF are stationary at level and the correlational and regression results revealed that CIT and ECD had a positive and significant impact on GDP, while PIT and Inflation has a negative and insignificant impact on economic growth. This study concludes, based on its findings, that tax structure have a strong effect on economic growth in subSaharan Africa. The study recommended, among other things, the adoption of Public-Private discussion, as this will assist in producing useful information and opinions on tax laws from trade and business associations. It is essential for each sub-Saharan country to employ context-specific techniques in improving her economic growth