Managing Income Tax Compliance through Self-Assessment

Managing Income Tax Compliance through Self-Assessment

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Modern tax administrations seek to optimize tax collections while minimizing administration costs and taxpayer compliance costs. Experience shows that voluntary compliance is best achieved through a system of self-assessment. Many tax administrations have introduced self-assessment principles in the income tax law but the legal authority is not being consistently applied. They continue to rely heavily on a€œdeska€ auditing a majority of tax returns, while risk management practices remain largely underdeveloped and/or underutilized. There is also plenty of opportunity in many countries to enhance the design and delivery of client-focused taxpayer service programs, and better engage with the private sector and other stakeholders.Yes, uses an excel-based matrix in the LTO. Manual processes are used elsewhere. Yes. No Lesotho Yes. ... However, most issue audits tend to be escalated to a comprehensive audit. Yes, but on ad hoc basis Tanzania Yes, but has no HQanbsp;...

Title:Managing Income Tax Compliance through Self-Assessment
Author: Andrew Okello
Publisher:International Monetary Fund - 2014-03-11

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