Discuss why do people do not want to pay taxes


Assignment Task: Issues & Measuring Tax Compliance Level

"Malaysia has recorded one of the steepest revenue [in proportion to GDP] declines over recent years. This limits the government's scope to respond to future shocks and to provide the public services that Malaysia's expanding middle class will increasingly expect from the state," the World Bank said in its biannual Malaysia Economic Monitor released on Dec 18.

Required:

From your own intellectual perspective and readings from a minimum of FIVE (5) articles:

Question 1: Discuss why do people do not want to pay taxes? Provide relevant theories to illustrate your point(s).

Question 2: There are many tax cases in Malaysia involved with tax planning strategies that exploit gaps and mismatches in tax rules. Discuss any three (3) approaches that tax authorities can implement to increase the government's revenue, and increase compliance rate among individual and corporate taxpayers.

Question 3: Download annual reports of any TWO (2) public listed companies for Year Assessments 2014, 2015, 2016, 2017 and 2018 and

A) Compute companies' effective tax rates

B) Analyze companies' tax compliance level, and

C) Analyze companies' tax planning strategy

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Taxation: Discuss why do people do not want to pay taxes
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