S. Indhu Dharshini & Jeyasri. S, Sastra Deemed University
ABSTRACT
Tax evasion poses significant challenges to governments, affecting tax collection, economic fairness, and public trust. This article delves into the multifaceted background of tax evasion and analyses the causes, strategies used, and possible solutions.
It analyses the causes of this behavior, from high taxes and complex regulations to psychological biases and cultural influences.
By examining the economic and social consequences of tax evasion and non- payment, the article highlights the urgency of addressing these issues to maintain a fair tax system and sustainable economic growth.
In conclusion, this research paper highlights the need for a comprehensive approach to the fight against tax evasion, combining legal reforms, effective enforcement mechanisms, taxpayer education, and international cooperation.
As the digital economy and globalization reshape the economic landscape, these findings have far-reaching implications for promoting fair and sustainable tax systems in a changing world.
Comments