Tax evasion and its implications in the current economic climate

Antonescu, Mihail and Antonescu, Ligia (2016): Tax evasion and its implications in the current economic climate. Published in: International Journal of Business Quantitative Economics and Applied Management Research , Vol. 2, No. 9 (February 2016): pp. 16-22.

Abstract

The excessive increase of the tax burden, the existance of a bad legislation, the lack of effective fiscal control and insufficient education of taxpayers are the main causes of tax evasion. While impossible to determine the exact size of the tax evasion, approximate measures and statistical data are used for its measurement. This is necessary to determine the effectiveness of prevention and combating evasion methods but also to estimate the negative consequences.

• Item Type: MPRA Paper
• Language: English
• Keywords: Tax evasion, control of fiscal evasion
• Subjects: H - Public Economics > H2 - Taxation, Subsidies, and Revenue > H26 - Tax Evasion and Avoidance

References

1) Mihai Antonescu, Public Finance, Sitech Publishing House, Craiova, 2008

2) Mihail Antonescu, Fiscality - Summaries and practical solutions, Sitech Publishing House, Craiova, 2014

3) D.D. Şaguna, Financial and Tax Law, Ed. All Beck, Bucarest, 2003

4) Law no.241/2005 for preventing and combating tax evasion, as amended and supplemented, M.O. no.545/2003

5) Law no.87/1994 for combating tax evasion, M.O. nr.545/2003