Fraud and its auditing in taxation incentives with respect to accounting practices: The case of Turkey
Küçük Resim Yok
Tarih
2011
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
The sine qua non of economic development in developing countries, as in developed countries, is the transformation of capital and technology in the country into investments in a harmonious manner. It is of importance here for the government to guide idle domestic capital and to offer incentive practices to attract international capital into the country. Incentive governmental policies aimed at investments required for the economic development and the long-term implementation of these policies will prevent the idle domestic capital from moving to tax havens. Tax-related regulations in developed countries like tax competition, tax planning, tax holiday and tax incentives mainly aim to prevent the outflow of capital. Incentive regulations on the issue of taxation will give acceleration to static economies. For these incentives to be utilized by right people in right investments will pave the way for the realization of governments' development targets. However, fraud in taxation incentives will bar the government's relevant economic expectations. Therefore, governments are obliged to set up an auditing mechanism in order to determine tax defrauders, and when and why they did it, and to impose necessary punitive sanctions. Especially in developing countries, these necessities are of importance at the stage of legal and structural regulations to be made in the process of adaptation to International Auditing, Quality and Assurance Standards. © EuroJournals, Inc. 2011.
Açıklama
Anahtar Kelimeler
Accounting, Taxation incentives, Turkey
Kaynak
European Journal of Economics, Finance and Administrative Sciences
WoS Q Değeri
Scopus Q Değeri
N/A
Cilt
Sayı
39
