Multidiciplinary Output Research for Actual and International Issue (Morfai Journal)
Vol. 4 No. 2 (2024): Multidiciplinary Output Research For Actual and International Issue

APPLICATION OF BLOCKCHAIN TECHNOLOGY IN THE TAXATION SYSTEM: BENEFITS AND RISKS

Gunawan Widjaja (Universitas 17 Agustus 1945 Jakarta)

Article Info

Publish Date
30 Sep 2024

Abstract

The application of blockchain technology in the tax system offers opportunities to improve the transparency, security, and efficiency of tax data management. With its decentralised and immutable nature, blockchain minimises the risk of fraud and manipulation, and reduces the potential for tax evasion. However, there are also a number of challenges and risks to be faced, including dependence on technology and cybersecurity threats. In addition, regulatory updates are required to accommodate the use of this technology. Overall, if implemented appropriately, blockchain can revolutionise the tax system, support fiscal justice, and increase public participation in tax obligations.

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Journal Info
Multidiciplinary Output Research for Actual and International Issue (Morfai Journal)
Website

Abbrev

MORFAI

Publisher

CV. RADJA PUBLIKA

Subject

Religion Agriculture, Biological Sciences & Forestry Arts Humanities Chemical Engineering, Chemistry & Bioengineering Civil Engineering, Building, Construction & Architecture Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Energy Engineering Environmental Science Health Professions Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Library & Information Science Materials Science & Nanotechnology Social Sciences Other

Description

MORFAI This journal will publish research articles or studies that are multidisciplinary in nature, including: education, law, health, agriculture, engineering, energy, technology, and social science. This journal is dedicated to explore and socialize many creative and innovative thought who focus ...