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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Bibliographic Details
Main Author:	Mohamad, Azhar
Format:	Conference or Workshop Item
Language:	English
Published:	2017
Subjects:	HJ Public Finance HJ2240 Revenue. Taxation
Online Access:	http://irep.iium.edu.my/56622/ http://irep.iium.edu.my/56622/8/56622.pdf

id	iium-56622
recordtype	eprints
spelling	iium-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 NonPeerReviewed 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 (Unpublished)
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
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/ http://irep.iium.edu.my/56622/8/56622.pdf
first_indexed	2023-09-18T21:19:55Z
last_indexed	2023-09-18T21:19:55Z
_version_	1777411812533207040

Cash economy: Tax evasion amongst SMEs in Malaysia

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