Cash economy: Tax evasion amongst SMEs in Malaysia

Tax evasion is a punishable financial crime which is particularly rampant in underground cash economies. In this study, using proprietary tax audit data from the Inland Revenue Board of Malaysia on the 2011 tax returns of SMEs, we examine the relationship between tax evasion and certain demographic...

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Main Author: Mohamad, Azhar
Format: Conference or Workshop Item
Language:English
Published: 2017
Subjects:
Online Access:http://irep.iium.edu.my/56622/8/56622.pdf
http://irep.iium.edu.my/56622/
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spelling my.iium.irep.566222017-05-08T06:49:44Z http://irep.iium.edu.my/56622/ Cash economy: Tax evasion amongst SMEs in Malaysia Mohamad, Azhar HJ Public Finance HJ2240 Revenue. Taxation Tax evasion is a punishable financial crime which is particularly rampant in underground cash economies. In this study, using proprietary tax audit data from the Inland Revenue Board of Malaysia on the 2011 tax returns of SMEs, we examine the relationship between tax evasion and certain demographic factors such as location, (engagement of) tax agent, size and type of SME’s industry. We find that tax evasion among SMEs in Malaysia is the highest when the business is located in a suburban environment and has no tax agent. Tax evasion is also influenced by the size of the SME (micro or medium). This study gives insight that the Inland Revenue Board of Malaysia can use to aid its collection department in profiling SMEs that have a higher tendency to evade paying tax. 2017 Conference or Workshop Item REM application/pdf en http://irep.iium.edu.my/56622/8/56622.pdf Mohamad, Azhar (2017) Cash economy: Tax evasion amongst SMEs in Malaysia. In: 8th International Conference on Financial Criminology (ICFC) 2017, 12th -13th April 2017, Putrajaya. (Unpublished)
institution Universiti Islam Antarabangsa Malaysia
building IIUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider International Islamic University Malaysia
content_source IIUM Repository (IREP)
url_provider http://irep.iium.edu.my/
language English
topic HJ Public Finance
HJ2240 Revenue. Taxation
spellingShingle HJ Public Finance
HJ2240 Revenue. Taxation
Mohamad, Azhar
Cash economy: Tax evasion amongst SMEs in Malaysia
description Tax evasion is a punishable financial crime which is particularly rampant in underground cash economies. In this study, using proprietary tax audit data from the Inland Revenue Board of Malaysia on the 2011 tax returns of SMEs, we examine the relationship between tax evasion and certain demographic factors such as location, (engagement of) tax agent, size and type of SME’s industry. We find that tax evasion among SMEs in Malaysia is the highest when the business is located in a suburban environment and has no tax agent. Tax evasion is also influenced by the size of the SME (micro or medium). This study gives insight that the Inland Revenue Board of Malaysia can use to aid its collection department in profiling SMEs that have a higher tendency to evade paying tax.
format Conference or Workshop Item
author Mohamad, Azhar
author_facet Mohamad, Azhar
author_sort Mohamad, Azhar
title Cash economy: Tax evasion amongst SMEs in Malaysia
title_short Cash economy: Tax evasion amongst SMEs in Malaysia
title_full Cash economy: Tax evasion amongst SMEs in Malaysia
title_fullStr Cash economy: Tax evasion amongst SMEs in Malaysia
title_full_unstemmed Cash economy: Tax evasion amongst SMEs in Malaysia
title_sort cash economy: tax evasion amongst smes in malaysia
publishDate 2017
url http://irep.iium.edu.my/56622/8/56622.pdf
http://irep.iium.edu.my/56622/
_version_ 1643614960148807680
score 12.925488