Fraud Prevention in Taxation System of Pakistan Using Blockchain Technology

DOI

10.2991/ahis.k.210913.074How to use a DOI?

Keywords

Blockchain, Distributed, Ledger, Taxation, Technology

Abstract

Taxation department of Pakistan collects and keeps record of legislated taxes imposed by governments. Pakistan is among those countries which still maintain records of taxations in registers, thus maintaining immutability of records is really hard. Tax records have great risk of being lost or altered by someone and results in leading towards committing fraud in taxes. Blockchain has provided advantage to many industries because of its enhanced security and traceability in current trustless environment. We have presented a tax management solution which has an objective to provide secure, efficient and auditable system in Pakistan environment using blockchain technology. Our proposed methodology is about digitizing of the records of taxations using the blockchain distributed ledger based technology. Finally, future work prediction is also given, which will help getting directions for controlling fraud cases from most senior officers posts.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Daniel Mago Vistro
AU  - Muhammad Shoaib Farooq
AU  - Attique Ur Rehman
AU  - Mohsin A. Khan
PY  - 2021
DA  - 2021/09/13
TI  - Fraud Prevention in Taxation System of Pakistan Using Blockchain Technology
BT  - Proceedings of the 3rd International Conference on Integrated Intelligent Computing Communication & Security (ICIIC 2021)
PB  - Atlantis Press
SP  - 582
EP  - 586
SN  - 2589-4900
UR  - https://doi.org/10.2991/ahis.k.210913.074
DO  - 10.2991/ahis.k.210913.074
ID  - Vistro2021
ER  -