Improving the Methodology for Assessing the Collectibility of Taxes
DOI:
https://doi.org/10.51699/cajitmf.v7i1.1102Keywords:
Tax Collectibility, Tax Base, Tax Administration, Tax Revenues, State Budget, Assessment Methodology, Fiscal Stability, Shadow Economy, Taxpayer Behavior, Digital Tax System, Tax Incentives, Tax Arrears, Economic Indicators, Financial Control, Optimizing Tax PolicyAbstract
This article dwells on the scientific and practical strategies in enhancing the methodology of evaluating tax collectibility. It examines the crucial aspects involved in tax revenue stability and prognosis, which is paramount in the stability of the state. The article demonstrates the significance of assessing the tax collectibility based on current indicators, economic issues, the standard of tax administration, the influence of the shadow economy, and the behavioral characteristics of taxpayers. An analysis of existing methods of tax collectibility assessment is also provided, and their weaknesses and strengths are outlined. The ambiguities in the level of assessment of the tax base, the completeness of statistical information, the extent of tax incentives, as well as the increase in tax arrears, are considered particularly because they influence the validity of the collectibility indicators significantly. The paper also focuses on global practices and suggests the methods of applying the practices to the domestic environment. Moreover, it also focuses on the incorporation of new strategies, such as using digital methods to identify taxpayers, administering tax data through single-electronic systems, and implementing automated tools to evaluate tax risks. The article ends with the elaboration of a better methodological model of measuring the tax collectibility, which is the integration of economic, institutional, and administrative indicators to maximize tax policy, maximize the effectiveness of tax collecting entities, and stabilize the budgets. The results can be used to develop theoretical insights in future studies of tax system development.
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