Tax Administration of VAT: Impact of Changes

Abstract

The relevance of the issue examined is stipulated by the results of the conducted study of the term "tax administration" and analysis of the impact of changes in tax administration of value added tax (VAT). The purpose of this study is to investigate the impact of changes in tax administration on VAT efficiency and collection rate. Within the context of digital economy, the state implements measures to digitize VAT tax control in order to reduce its own tax risks. The solution of this issue is the development of tax administration using digital technologies. A study has been conducted in order to assess impact of changes in the tax administration on VAT efficiency and collection rate.

Tax Surveillance Development Under The Conditions Of Economics Digitizing

“…This control system makes it possible to watch the VAT forming all over the country. The procedure of tax surveillance has improved considerably with the help of this information technology; it makes it possible to react on tax risks quickly and to hold activities for rectifying the committed breaches (Mikhaleva, Pavlova, Charikov, & Asseev, 2019…”

The Value-Added Tax (VAT) Improvement Program: Raising the operational efficacy of the VAT administration in Bangladesh

“…Subsequent reforms in the VAT administration process gradually help countries to reduce these administrative challenges before reaching towards a standard procedure of VAT collection by minimizing evasion and avoidance. Mikhaleva et al (2019) argue that there is no alternative to digital solutions to reduce the incidences of VAT fraud. The adoption of technologybased solutions is expected to generate real-time business transaction data and slim business opportunities to evade VAT.…”