Back to Search Start Over

The Impact of Tax Legislative Disruptions on the Increase of Informal Economic Activities in Egypt.

Authors :
Ibrahim Badran, Doaa Mohamed
Abdelhady, Mahmoud Abdelgawwad
Source :
PaperAsia. May/Jun2024, Vol. 40 Issue 3b, p114-120. 7p.
Publication Year :
2024

Abstract

The study examines how legislative instability in tax laws affects the growth of informal economic activities in Egypt. It suggests that unclear or unsustainable tax regulations drive a shift towards the informal sector, fueled by benefits like tax evasion and reduced compliance costs. To encourage voluntary integration, the study proposes measures such as transparent tax laws, awareness campaigns on tax compliance benefits, and simplification of procedures. It advocates for policymakers to prioritize creating an environment conducive to integration over punitive measures. By fostering a fair tax system and addressing underlying factors driving informality, Egypt can boost tax revenue, ensure fairness, and promote sustainable growth. Employing a descriptive-analytical approach, the study analyzes secondary data from official reports, academic literature, and relevant publications. This method allows for a systematic examination of tax legislative disruptions' impact on informal economic activities. It facilitates understanding the dynamics of tax regulations and their effects on informality by analyzing diverse information sources. This approach ensures reliable insights into the relationship between tax laws and the informal economy in Egypt. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
02184540
Volume :
40
Issue :
3b
Database :
Academic Search Index
Journal :
PaperAsia
Publication Type :
Academic Journal
Accession number :
178431456
Full Text :
https://doi.org/10.59953/paperasia.v40i3b.70