The Implementation of Blockchain in Taxation: Efficiency, Transparency, and Reducing Tax Avoidance

DOI

10.2991/978-94-6463-443-3_33How to use a DOI?

Keywords

Blockchain; Tax Avoidance

Abstract

The implementation of blockchain technology in the tax system has significant potential to enhance efficiency, transparency, and security. In this regard, the Directorate General of Taxes (DJP) can utilize a licensed private blockchain, which allows full control over the network and trusted participation. By harnessing blockchain, the DJP can ensure data confidentiality, security, and prevent unauthorized access. The implementation of blockchain technology in the tax system has garnered significant attention in relevant literature. The research methodology employed in this study is a literature review analysis. In the process of literature analysis, we systematically explored and evaluated various sources, including scholarly articles, research reports, and official publications from tax authorities and related organizations. The primary objective of this literature analysis was to identify and summarize key findings that support the claims outlined in the previous statement. This literature review research has revealed that blockchain technology holds substantial potential for improving efficiency, transparency, and security within tax systems. Several sources in the literature highlight the benefits of utilizing blockchain in the context of taxation, such as cost reduction in tax administration, enhanced accuracy, and prevention of tax fraud. Moreover, we found that blockchain technology has been successfully employed in various tax initiatives across different countries. In conclusion, based on this literature review research, we can infer that the use of blockchain in taxation has the potential to significantly enhance the overall tax system, assuming that existing challenges can be overcome through collaborative efforts and appropriate regulations.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Rizky Ridwan
AU  - Dede Riswandi
AU  - Fithri Sri Mulyani
PY  - 2024
DA  - 2024/06/26
TI  - The Implementation of Blockchain in Taxation: Efficiency, Transparency, and Reducing Tax Avoidance
BT  - Proceedings of the 8th Global Conference on Business, Management, and Entrepreneurship (GCBME 2023)
PB  - Atlantis Press
SP  - 234
EP  - 243
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-443-3_33
DO  - 10.2991/978-94-6463-443-3_33
ID  - Ridwan2024
ER  -