Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Save to My Library
Look up keyword or section
Like this
33Activity
P. 1
Tax Evasion Practices in Philippine Estate Tax

Tax Evasion Practices in Philippine Estate Tax

Ratings:

5.0

(4)
|Views: 10,368|Likes:
Published by epra

More info:

Published by: epra on Aug 21, 2008
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

02/01/2013

pdf

text

original

 
TAX EVASION PRACTICES INPHILIPPINE ESTATE TAX
Margarita GomezNepomucenoMalaluanNovember 2006
 
 
DISCLAIMER
“The views expressed in this report are strictly those of the authors and do not necessarily reflect those of the United States Agency for International Development (USAID) and the Ateneo de Manila University”.
 
 
Abstract
This inquiry into tax evasion documents practices in evading estate taxes such as thenon-filing of returns or ‘staying alive;’ various ways of reducing the taxable estate;simulating transactions, forgery and falsification in the transfer of real property; andcorruption. The study identifies several factors that enable and/or encouragetaxpayer’s noncompliance with estate taxes. Summarizing, these are lack of awareness and preparedness to meet estate tax obligations; gaps and loopholes in thetax administration system; assistance from tax practitioners and other actors thatfacilitate tax evasion; taxpayers’ perceptions of the low probability that evasion willbe detected; taxpayers’ perceptions of unfairness towards estate and other taxes ingeneral; taxpayers’ disapproval of how tax revenues are spent; and corruption.Authors give recommendations towards improving greater estate tax compliance inlight of these factors, both as encouragement towards greater compliance anddeterrents to evasion.

Activity (33)

You've already reviewed this. Edit your review.
1 hundred reads
1 thousand reads
Uy Neilian liked this
Annelu Anung liked this
randolphken liked this
jimorwell liked this

You're Reading a Free Preview

Download
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->