ROLE OF INFORMATION TECHNOLOGY IN INCREASING VOLUNTARY COMPLIANCE BY TAX PAYERS
Journal: The Journal CONTEMPORARY ECONOMY (Vol.2, No. 3)Publication Date: 2017-09-30
Authors : Victoria IORDACHI Angela TIMUŞ;
Page : 88-96
Keywords : fiscal administration; compliance; self-employed; tax evasion; fiscal receipts lotteries; cash register.;
Abstract
The primary objective of fiscal administration is to encourage, facilitate and maintain a high degree of voluntary compliance by taxpayers which will allow concentrating resources on identifying and dealing with those taxpayers who fail to fully comply with their tax obligations. At the same time, for fiscal authorities tax systems based on turnover imply a high risk of evasion because taxpayers can easily submit false data. Particularly, in case of cash transactions, the problem of detecting cases of under-declaring becomes a real challenge. In foreign practice, promotion of measures to combat tax evasion is part of a wider program to support the business environment through reduction of tax burden and encouragement of payment compliance, as well as to ensure a competitive business environment, which will be undistorted by unfair competition. To accomplish this purpose, in developed countries, tax administrations have for years been appealing for technological advances implemented in private sector. At the same time, in developing countries, the opportunities that technology offers are more elusive. This article relates some of practices used by fiscal authorities to encourage tax declaring, especially by small business and self-employed, as well as measures that are based on civic consciousness.
Other Latest Articles
- THE DIGITIZATION OF MONEY - CHALLENGES AND OPPORTUNITIES FOR THE GLOBAL ECONOMY
- FACTORS DETERMINING THE FOREIGN DIRECT INVESTMENTS - THEORETICAL APPROACHES
- EPISTEMOLOGICAL ASPECTS OF THE MICROFINANCE PROCESS
- CONCEPTUAL ISSUES OF THE ORGANIZATION AND INTERNAL CONTROL QUALITY ASSESSMENT AT THE BANK
- A CRITICAL ANALYSIS OF THE SELECTION CRITERIA OF THE BENEFICIARIES OF THE SUBMEASURE 8.1 AFFORESTATION AND CREATION OF WOODLAND OF 2014-2020 NATIONAL PROGRAMME FOR RURAL DEVELOPMENT
Last modified: 2018-02-16 23:50:14