Perspective ale utilizării tehnologiei blockchain în colectarea taxei pe valoarea adăugată
Perspectives of the Use of Blockchain Technology in Value Added Tax Collection

Summary/Abstract: The lightning development of technology and innovation in the industrial field have generated progress in the consumer society. The transition to a digitized economy, especially after withstanding an epidemiological crisis like the Covid-19 pandemic, which shook the traditional systems, became a reality, and UE member states had to adapt their policies to new tendencies. In light of continuous technological developments, the solutions of classic tax administrations no longer respond to the problems arising in the establishment, management and collection of tax receivables and the eager to identify modern and optimized solutions became more and more evident. Blockchain represents a viabile solution, with multiple deployments and prospects for improving the fiscal procedure, especially through fraud and tax evasion prevention mechanisms. This paper aims to conduct a pragmatic analysis on the possibility of implementing a blockchain based technology for monitoring VAT generating operations and on the demeanors in which the technology can be used to collect VAT through more efficient mechanisms and to reduce VAT fraud, but also to foreshadow the challenges that the implementation of a digitized system in establishing and collecting tax receivables can create.

• Details
• Contents