Improving the Practice of Calculating and Collecting Profit Tax in Commercial Banks
DOI:
https://doi.org/10.51699/ajdes.v31i.773Keywords:
taxation, profit tax, commercial banks, developed countries, developing countries, comparative analysisAbstract
This paper aims to examine the mechanisms and techniques involved in calculating and collecting profit tax in commercial banks, with a comparative analysis focusing on developed and developing countries. It further provides recommendations for the application of these methods in Uzbekistan to streamline its taxation practices, thereby enhancing its revenue-generating capacity.
References
Mohammed, S. D., Mas' ud, A., Karaye, Y. I., Sallau, M. M., Adam, A. D., & Sulaiman, B. A. (2023). An Evaluation of Tax Digitalization Efforts by Federal Inland Revenue Service and their Impacts on Tax Collection 2002-2021. Journal of Accounting and Taxation, 3(2), 105-122.
Alm, J. (2019). Tax compliance and administration. In Handbook on taxation (pp. 741-768). Routledge.
HM Revenue & Customs (2021). Making Tax Digital for Business.
Internal Revenue Service (2022). IRS Criminal Investigation Annual Report.
International Monetary Fund (2019). Digital Revolutions in Public Finance.
Keen, M., & Mansour, M. (2009). Revenue mobilization in Sub-Saharan Africa: challenges from globalization. IMF Working Paper, WP/09/157.
Organisation for Economic Co-operation and Development (2020). Tax Administration 2020: Comparative Information on OECD and Other Advanced and Emerging Economies.
Pessino, C., & Fenochietto, R. (2010). Determining countries’ tax effort. Hacienda Pública Española, 195(4), 65-87.
Prichard, W., Cobham, A., & Goodall, A. (2014). The ICTD Government Revenue Dataset. ICTD Working Paper No.19.
Schneider, F., Buehn, A., & Montenegro, C. (2017). Shadow Economies Around the World: New Results for 158 Countries over 1991-2015. CESifo Working Paper Series No. 6740.
World Bank (2021). India Development Update: Reforms and Resilience.
