Effect of tax Peace of Holds the Helps the No relation Accounting

amnesty act mind company company be department

to non- liable to compliant will be
compliant outstanding again educated on
taxpayers obligations how to
comply with
the tax
obligations
properly and
the company
will be free of
charge from
penalties

Improvement Non- Serves as Gives chance Improves N/A

of tax compliant can warning to to individuals compliance
compliance return to the individuals with unsettled through the
due to tax tax system with tax tax due to opportunity to
amnesty act again offences comply with settle tax
the system liabilities
again

Benefit from Normal Chance to Cheaper N/A Past tax

tax amnesty operation and pay an settlement of evaders have
act peace of amount less tax obligation the chance to
mind than what start over and
they are have a clean
obliged to pay record

Tax amnesty Company will Chance to Not a factor N/A N/A

as a factor to operate continue
tax normally business
compliance

Effectivity of Could help Effective Not effective N/A N/A

tax amnesty BIR increase enough to
act in terms its tax scare tax
of compliance collection evaders

Tax amnesty It will lessen Compliant It will N/A It will not

act's effect on tax evasion a taxpayers increase tax solve tax
tax evasion bit might see tax evasion evasion. Past
amnesty as tax evaders
an unfair are affected
treatment because they
therefore have the
 decrease opportunity to
compliance settle pending
obligations

Factor that Clearance of The Lower N/A If a company

would outstanding opportunity to amount to want to have
encourage tax obligation avoid being pay tax peace of mind
tax violator to closed down through and for their
participate tax a.k.a. "Oplan amnesty business to
amnesty act Kandado" grow, they
would be
encouraged
to avail
amnesty

Tax compliance

Tax awareness

Finance Audit Audit director Bir officer Tax

manager associate consultant

Effect of tax It allows Great tax Sending time Taxpayers N/A

knowledge in individual to knowledge to have more could avoid
tax know his tax prevents tax knowledge in being
compliance obligation problems tax could subjected to
prevent penalties by
sanctions being
compliant

Possible Some could The benefit Could be the N/A Violating tax
reason for a not be fully from paying ignorance of system starts
company to aware of their lower amount the with
violate tax obligations that their true requirements ignorance
system obligation or it may be because if a
intentionally taxpayer
does not
know how
much tx
obligation he
has, he
would not be
able to pay
 the right
amount of tax

Factor(s) that Promotes It allows tax It will Knowledge of N/A

would affect positive violators to encourage the tax laws
the behavior behavior to have a tax evasion could be a
of people the second as people factor in the
towards the management chance with might expect implementation
participation the for another of amnesty
on tax compliance amnesty to programs
amnesty act come

Perception of It may not be Not a solution Not the best N/A Tax amnesty
tax amnesty the best because it solution is not the
act as a solution encourages because best solution
solution to tax because tax evasion company due to solve tax
evasion most to amount to evasion, it is
businesses be paid in tax to educate
are not too amnesty is taxpayers
familiar with lower than
full taxation actual
obligation

Tax No effect on No effect It will lead to No effect on N/A

amnesty's the rate of more tax offences
effect on rate offences but it offences as because it is
of tax will increase they will wait aimed at
offences revenue for amnesty setting tax
collection instead of liabilities and
paying the not going after
right tax tax offenders