Anonymous ID: e9bed4 July 8, 2018, 6:22 p.m. No.2086192   🗄️.is 🔗kun

Conclusions

Although much remains to be explored to fully understand the impact of EFDs on

compliance, these results point to the main conclusion of this study: the implementation of

EFDs can only be effective if it is a part of a comprehensive compliance improvement

strategy that clearly identifies risks for the different segments of taxpayers and envisages

implementing a set of measures to mitigate these risks. EFDs should not be construed as the

“silver bullet” of tax administration: as with any other technological improvement—and this

applies as well to new technologies, such as e-invoicing—the deployment of fiscal devices

alone cannot by itself achieve meaningful results, whether in terms of revenue gains or

permanent compliance improvements.

The introduction of fiscal devices presents opportunities for the tax administration to

rethink its approach to business processes, not only by automating the collection of

information, but also by leveraging the new arrangements to improve compliance approaches

and strategies. Another area affecting the use and deployment of EFDs is the constant

evolution of the technology involved, both in terms of cost reduction and improved

performance of the devices. The emergence of new technologies is a constant challenge to

established views on fiscal devices. Several countries approached for the survey indicated

that after studying the effectiveness, costs, and administrative requirements of EFDs, they

had decided that other technologies, in particular e-invoicing, would be more

cost-effective. Accordingly, they had decided against the mandatory deployment of EFDs.

E-invoicing advocates suggest that in this new context, EFDs—whose costs must be borne

by traders in all but a few countries that have adopted them—are no longer cost-effective

and will eventually fade away.

Another key conclusion from this study is that the introduction of EFDs requires

considerable effort and is accompanied by associated costs both to the administration—in

identifying the technology, selecting the devices, overseeing their deployment, and

monitoring their usage—and to the affected taxpayers in addressing the requirements of the

new rules. Once the devices are chosen and available, it is essential that appropriate

arrangements be put in place for their installation, support, and maintenance. Survey

responses confirm that, when these arrangements were not in place or were incomplete, the

implementation of EFDs faced considerable problems. Proper consideration of these factors

is essential for a successful implementation. Moreover, EFDs appear to suffer from similar

challenges as other regimes if there are no effective follow-up and enforcement measures.

Absent effective compliance monitoring and enforcement, overall VAT compliance cannot

be improved, with or without EFDs.

 

conformace

compliance

considerable effort

comprehensive compliance improvement

strategy

constant challenge

 

http://www.imf.org/external/pubs/ft/wp/2015/wp1573.pdf

 

You see… all (((they))) want is to tax us to death. Those of us that are left. Are we to comply with (((their))) demands of taxation?

Anonymous ID: e9bed4 July 8, 2018, 6:39 p.m. No.2086378   🗄️.is 🔗kun   >>6409 >>6559

Our job is to spread information. Part of that is to let everyone know that when they buy any of these products you are feeding these people. They did not work the production lines that produced and of the products. They did not work the fields to harvest any of the food and they are now controlling our water supply. The charts below are most likely not current, but it's a start on where to BOYCOTT

 

Mexico quietly hands its water supply over to transnationals

https://www.greenleft.org.au/content/mexico-quietly-hands-its-water-supply-over-transnationals