01055nam a22001217a 4500022002200000100002200022245006900044260007700113300000800190520059700198650003200795856010600827  aISSN: 2315 - 5671  aUguru, Leonard C.  aOn The Tax Implications of Capital Flight: Evidence from Nigeria  bJournal of Research in Economics and International Finance (JREIF)c2016  a7p.  aThis is a study that offers further documentation of the effect of capital flight on tax revenue in Nigeria. After a theoretical and empirical literature review of the subject, an Ordinary Least Square model is employed based on time series data quantifying capital flight under the hot money or balance of payment approach. It is found that a unit increase in capital flight will lead to a 0.02 or 2% decrease in tax revenue. Consequently, policy measures discouraging capital flight, like placing a limit on the repatriating percentage of local profit, would improve tax revenue in Nigeria.  aCAPITAL FLIGHT, TAX REVENUE  uiffoadatabase.trustafrica.org/iff/on-the-tax-implications-of-capital-flight-evidence-from-nigeria.pdf