HYPERION ECONOMIC JOURNAL

Hyperion University of Bucharest
Blue Colour Green Colour Orange Colour Red Colour

HYPERION ECONOMIC JOURNAL

January 2023
Mo Tu We Th Fr Sa Su
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Digitalization of the Tax Administration and Combating Tax Evasion

 FULL TEXT

Authors:
  • Leliana Diana (Bolcu), Ph.D Student, Affiliation: IOSUD-SDSEU Valahia University of Targoviste, Romania;
  • Andreea-Cristina Savu, Ph.D Student, Affiliation: IOSUD-SDSEU Valahia University of Targoviste, Romania;
  • Mihaela-Raluca Boharu (Mircea), Ph.D Student, Affiliation: IOSUD-SDSEU Valahia University of Targoviste, Romania.
Pages:  34 : 44
Abstract:

Romania is currently at the beginning of the road in implementing the digitalization of the tax administration and improving the efficiency of economic activity by combating tax evasion. The aim of the article is to highlight the impact of information and communication technology on accounting systems and the vision of transforming the tax system into a digital organization in order to increase the performance of public services in terms of collection and facilitate interaction between tax administration and taxpayers. A new challenge in the financial services sector can be seen by implementing in Romania the international standard for electronic exchange of accounting data between companies/organizations and tax authorities, SAF-T (Standard Audit File for Tax), interconnection of cash registers and implementation of electronic invoicing by adopting the common standard of the basic XML format. SAF-T has already been implemented by several European tax authorities and will be implemented in our country starting with January 2022. The SAF-T standard was introduced by the Organization for Economic Cooperation and Development, being seen as automatically generating files in a common, readable and easily exportable format, regardless of the software used according to a defined set of accounting records. This study presents the SAF-T standard, the connection of electronic fiscal cash registers, the evolution of the implementation of electronic invoicing in EU Member States and Latin America as well as the advantages of digitalization of the National Tax Administration Agency (ANAF) in combating tax evasion.

JEL classification:  M40, M42, M48

 FULL TEXT