This study looked at how Nigerian listed consumer goods businesses’ corporate social responsibility was affected by the education tax. The ex-post-facto research design was used in the study. Secondary sources provided the data. The audited financial reports of all the chosen quoted consumer goods companies were used to derive the representative data for the independent variable (education tax) and the dependent variable (corporate social responsibility). To calculate the sample size, the study used the census sampling technique. The data was analyzed using the OLS regression technique, and the model was estimated using the Pearson correlation. Additionally, the study performed a number of robustness checks on the findings, such as unit root, data normality, and multicollinearity and heteroskedasticity tests. The study’s findings showed that the cost of corporate social responsibility is significantly impacted by the tertiary education tax, with a coefficient of 0.356182 and a probability of 0.0070, both below the 0.05 level of significance. The study concluded that the government has to think about waiving the tax on tertiary education for consumer goods companies that have made considerable progress in the area of corporate social responsibility (CRS).

Keywords: Taxation, corporate tax, education tax, financial performance and corporate social responsibility,

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