The Relationship Between Tax Pressure and Economic Crime
Economic crimes such as financial fraud, money laundering and illegal lending are considerably influenced by the tax evasion phenomenon. In the context of Romania, characterized by a vast underground economy and tax evasion, these phenomena contribute directly to the perpetuation of economic crime....
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| Format: | Article |
| Language: | English |
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The Body of Expert and Licensed Accountants of Romania
2024-02-01
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| Series: | CECCAR Business Review |
| Subjects: | |
| Online Access: |
https://www.ceccarbusinessreview.ro/the-relationship-between-tax-pressure-and-economic-crime-a365d/download-PDF/
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| _version_ | 1797277038967521280 |
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| author | Gabriela ANGHEL (CONSTANTIN) Cristina-Elena POENARU (FLOREA) |
| author_facet | Gabriela ANGHEL (CONSTANTIN) Cristina-Elena POENARU (FLOREA) |
| author_sort | Gabriela ANGHEL (CONSTANTIN) |
| collection | DOAJ |
| description | Economic crimes such as financial fraud, money laundering and illegal lending are considerably influenced by the tax evasion phenomenon. In the context of Romania, characterized by a vast underground economy and tax evasion, these phenomena contribute directly to the perpetuation of economic crime. Tax evasion is a behaviour of taxpayers consisting in avoiding tax obligations by violating tax legislation. This behaviour includes ignoring mandatory tax rules, falsifying documents or providing incomplete and inaccurate data. Among the factors that can influence tax evasion are tax knowledge, tax morality, the taxation system, the perception of tax fairness and the cost of tax compliance. This study aims to identify the influence that tax pressure has on compliance and the factors that generate economic crime, thus providing useful information for academia, specialists in the field and those responsible for formulating tax policies. It is observed that an increase in tax pressure increases the likelihood that individuals will opt for tax evasion and fraud. That is why efforts to combat tax evasion must be integrated into the fight against illegal credit, money laundering and financial fraud. Thus, an effective government strategy in combating economic crime must include not only sanction-based measures, but also improved tax auditing activity, along with the promotion of spontaneous and responsible tax compliance. |
| first_indexed | 2024-03-07T15:41:53Z |
| format | Article |
| id | doaj.art-afdb2dd1797148aeb093b360953c8ba9 |
| institution | Directory Open Access Journal |
| issn | 2668-8921 |
| language | English |
| last_indexed | 2024-03-07T15:41:53Z |
| publishDate | 2024-02-01 |
| publisher | The Body of Expert and Licensed Accountants of Romania |
| record_format | Article |
| series | CECCAR Business Review |
| spelling | doaj.art-afdb2dd1797148aeb093b360953c8ba92024-03-05T08:33:35ZengThe Body of Expert and Licensed Accountants of RomaniaCECCAR Business Review2668-89212024-02-0151495810.37945/cbr.2024.01.0626688921The Relationship Between Tax Pressure and Economic CrimeGabriela ANGHEL (CONSTANTIN)0Cristina-Elena POENARU (FLOREA)1Valahia University of TârgovișteValahia University of TârgovișteEconomic crimes such as financial fraud, money laundering and illegal lending are considerably influenced by the tax evasion phenomenon. In the context of Romania, characterized by a vast underground economy and tax evasion, these phenomena contribute directly to the perpetuation of economic crime. Tax evasion is a behaviour of taxpayers consisting in avoiding tax obligations by violating tax legislation. This behaviour includes ignoring mandatory tax rules, falsifying documents or providing incomplete and inaccurate data. Among the factors that can influence tax evasion are tax knowledge, tax morality, the taxation system, the perception of tax fairness and the cost of tax compliance. This study aims to identify the influence that tax pressure has on compliance and the factors that generate economic crime, thus providing useful information for academia, specialists in the field and those responsible for formulating tax policies. It is observed that an increase in tax pressure increases the likelihood that individuals will opt for tax evasion and fraud. That is why efforts to combat tax evasion must be integrated into the fight against illegal credit, money laundering and financial fraud. Thus, an effective government strategy in combating economic crime must include not only sanction-based measures, but also improved tax auditing activity, along with the promotion of spontaneous and responsible tax compliance. https://www.ceccarbusinessreview.ro/the-relationship-between-tax-pressure-and-economic-crime-a365d/download-PDF/ economic crimetax pressureforensic accountingshadow economytax evasion |
| spellingShingle | Gabriela ANGHEL (CONSTANTIN) Cristina-Elena POENARU (FLOREA) The Relationship Between Tax Pressure and Economic Crime CECCAR Business Review economic crime tax pressure forensic accounting shadow economy tax evasion |
| title | The Relationship Between Tax Pressure and Economic Crime |
| title_full | The Relationship Between Tax Pressure and Economic Crime |
| title_fullStr | The Relationship Between Tax Pressure and Economic Crime |
| title_full_unstemmed | The Relationship Between Tax Pressure and Economic Crime |
| title_short | The Relationship Between Tax Pressure and Economic Crime |
| title_sort | relationship between tax pressure and economic crime |
| topic | economic crime tax pressure forensic accounting shadow economy tax evasion |
| url |
https://www.ceccarbusinessreview.ro/the-relationship-between-tax-pressure-and-economic-crime-a365d/download-PDF/
|
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