Preventing Taxpayers from Getting Prosecuted: Voluntary Disclosure Program as an Effective Scheme to Battle Tax Evasion
The strong campaign to fight tax evasion that is becoming rampant worldwide appears to be the typical yet an essential agenda that many governments and tax authorities are hardly working on to push through. And introducing a voluntary disclosure program in the tax field to force non-compliant taxpayers to step forward and 'come clean' is expected to lessen the cases of tax evasion that limps the economy with many revenue losses it generate each year.
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