Improvement of VAT administration process in the function of reducing tax evasion
Improvement of VAT administration process in the function of reducing tax evasion
Author(s): Dinka AntićSubject(s): Economy, Law, Constitution, Jurisprudence, Law on Economics, Accounting - Business Administration, Commercial Law
Published by: Finrar d.o.o Banja Luka
Keywords: value added tax (VAT); tax evasion;
Summary/Abstract: In an effort to reduce the risk of VAT fraud by improving and simplifying the VAT administration process, the EU has developed several VAT administration models that could successfully replace the standard PDV administrative procedures. The models are conceived on modern technology platforms, based on the use of IT tools and telecommunications, as well as innovation in business and payment transactions. Comparative model analysis has shown that each model has certain advantages and disadvantages, implying that the choice of an acceptable alternative VAT tax model should be based on a cost-benefit analysis of the positive and negative effects of the selected model on taxpayers, tax administration and public revenue.
Journal: Financing - naučni časopis za ekonomiju
- Issue Year: 9/2018
- Issue No: 3
- Page Range: 3-9
- Page Count: 7
- Language: English, Serbian