Taxation in the Digital Economy: New Models in Asia and the Pacific (Routledge Studies in Development Economics)

A robust and efficient tax administration in a modern tax system requires effective tax policies and legislation. Policy frameworks should cover all aspects of tax administration and include the essential processes of capturing, processing, analyzing, and responding to information provided by taxpayers and others concerning taxpayers’ affairs. By far the greatest challenges facing tax administrations in all countries are those posed by the continuing developments in the digital economy. Whereas societies are grappling to come to terms with the transitions from the third industrial or digital revolutions, revenue authorities grapple with the consequences for the sustainability of their tax bases and the efficient administration and collection of taxes. This book presents a critical review of the status of tax systems in Asia and the Pacific in the era of the digital economy. The book suggests how countries can maximize their domestic resource mobilization when confronted by the challenges that digitalization inevitably produces, as well as how they can best harness or take advantage of aspects of digitalization to serve their own needs. The full implications of the COVID-19 crisis are still too uncertain to predict, but it is clear that the crisis will accelerate the trend towards digitalization and also increase pressures on public finances. This, in turn, may shape the preference for, and the nature of, both multilateral and unilateral responses to the tax challenges posed by digitalization and the need to address them. This book will be a timely reference for those researching on taxation in digital economy and for policy makers. The Open Access version of this book, available at www .taylorfrancis .com, has been made available under a Creative Commons Attribution-Non-Commercial-No Derivatives 4.0 license. This book presents a critical review of the status of tax systems in Asia and the Pacific in the era of the digital economy. Cover 1 Half Title 2 Series Page 5 Title Page 6 Copyright Page 7 Table of Contents 8 List of figures 10 List of tables 18 List of contributors 20 Abbreviations 22 Introduction: New Frontiers for Tax in the Digital Age 24 Part I Introduction and Overview 42 Chapter 1 Tapping Taxes: Digital Disruption and Revenue Administration Responses 44 Chapter 2 Artificial Intelligence and Tax Administration in Asia and the Pacific 68 Chapter 3 Taxing the Digitalized Economy: An Emerging Markets Perspective 79 Chapter 4 Developing a Cooperative Compliance Model for Developing Economies: Justification, Prerequisites, and Administrative Design 105 Part II Visions and Challenges of Digital Taxation: Case Studies from Asia and the Pacific 130 Chapter 5 The People’s Republic of China’s Tax Reform in the Digital Economy: Progress and Challenges 132 Chapter 6 Blockchain and Its Implications for Tax Administration in the People’s Republic of China 151 Chapter 7 The Role of International Collaboration in Digital Services and Tax Compliance in India 173 Chapter 8 Digitally Prepared?: The Journeys of the Revenue Administrations in Australia and New Zealand 189 Chapter 9 Digitalization of the Tax Administration and Its Achievements in the Republic of Korea 214 Chapter 10 Cross-Border Digital Taxation Challenges: Indonesia’s Practices and Perspectives 244 Chapter 11 The Role of Government Reform in Improving Voluntary Tax Compliance in the Digital Economy: The Bangladesh Experience 263 Chapter 12 Future Vision of Japan’s Tax Administration: Aspirations for a Smart Administration 283 Chapter 13 Resolving Disputed Tax Issues through an Online Negotiation Platform: The Influence of Partner Negotiation Objectives and Communication Style on Negotiation Outcome 311 Index 340 digital,taxation;,digital,content;,multinational,corporation;,intellectual,property;,digital,economy digital taxation,digital content,multinational corporation,intellectual property,digital economy