Underreporting of income among companies: evidence of IRBM audit

IRBM is responsible to improve the taxpayers’ services as align with the global technology advancement in order to increase the revenue collection. One of the systems which known as Self-Assessment System (SAS) have been implemented since 2001 which gives the taxpayers the freedom to report their ta...

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Bibliographic Details
Main Author:	Norazan, Ismail
Format:	Thesis
Language:	eng eng
Published:	2021
Subjects:	HJ4771.6 Income Tax Tax Returns.
Online Access:	https://etd.uum.edu.my/9561/1/s821415_01.pdf https://etd.uum.edu.my/9561/2/s821415_02.pdf
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id	my-uum-etd.9561
record_format	uketd_dc
spelling	my-uum-etd.95612022-06-28T06:33:47Z Underreporting of income among companies: evidence of IRBM audit 2021 Norazan, Ismail Abdul Aziz, Saliza Tunku Puteri Intan Safinaz School of Accountancy (TISSA) Tunku Puteri Intan Safinaz School of Accountancy (TISSA) HJ4771.6 Income Tax. Tax Returns. IRBM is responsible to improve the taxpayers’ services as align with the global technology advancement in order to increase the revenue collection. One of the systems which known as Self-Assessment System (SAS) have been implemented since 2001 which gives the taxpayers the freedom to report their tax accordingly. However, underreporting of income among companies have still becoming the major concern of IRBM by the non-compliant taxpayers. This study is focusing on four characteristics which are, location, size of tax agent, type of industry and strategies of understating of income in tax underreporting. Resulting from the study conducted, the corporate tax avoidance issue has associated positively by location, industry type and strategies of the understating of income in tax underreporting. Taxpayers made tax savings if they successfully evade their actual tax. However, taxpayer will be charged with higher penalties once detected. Taxpayers will be facing a fixed penalty rate when caught evading tax by IRBM desk audit and field audit which resulting in additional tax collection as the revenue collection which can be used to improve to livelihood of the public. 2021 Thesis https://etd.uum.edu.my/9561/ https://etd.uum.edu.my/9561/1/s821415_01.pdf text eng 2024-12-20 staffonly https://etd.uum.edu.my/9561/2/s821415_02.pdf text eng public other masters Universiti Utara Malaysia
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Abdul Aziz, Saliza
topic	HJ4771.6 Income Tax Tax Returns.
spellingShingle	HJ4771.6 Income Tax Tax Returns. Norazan, Ismail Underreporting of income among companies: evidence of IRBM audit
description	IRBM is responsible to improve the taxpayers’ services as align with the global technology advancement in order to increase the revenue collection. One of the systems which known as Self-Assessment System (SAS) have been implemented since 2001 which gives the taxpayers the freedom to report their tax accordingly. However, underreporting of income among companies have still becoming the major concern of IRBM by the non-compliant taxpayers. This study is focusing on four characteristics which are, location, size of tax agent, type of industry and strategies of understating of income in tax underreporting. Resulting from the study conducted, the corporate tax avoidance issue has associated positively by location, industry type and strategies of the understating of income in tax underreporting. Taxpayers made tax savings if they successfully evade their actual tax. However, taxpayer will be charged with higher penalties once detected. Taxpayers will be facing a fixed penalty rate when caught evading tax by IRBM desk audit and field audit which resulting in additional tax collection as the revenue collection which can be used to improve to livelihood of the public.
format	Thesis
qualification_name	other
qualification_level	Master's degree
author	Norazan, Ismail
author_facet	Norazan, Ismail
author_sort	Norazan, Ismail
title	Underreporting of income among companies: evidence of IRBM audit
title_short	Underreporting of income among companies: evidence of IRBM audit
title_full	Underreporting of income among companies: evidence of IRBM audit
title_fullStr	Underreporting of income among companies: evidence of IRBM audit
title_full_unstemmed	Underreporting of income among companies: evidence of IRBM audit
title_sort	underreporting of income among companies: evidence of irbm audit
granting_institution	Universiti Utara Malaysia
granting_department	Tunku Puteri Intan Safinaz School of Accountancy (TISSA)
publishDate	2021
url	https://etd.uum.edu.my/9561/1/s821415_01.pdf https://etd.uum.edu.my/9561/2/s821415_02.pdf
_version_	1747828622839775232

Underreporting of income among companies: evidence of IRBM audit

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