Blockchain-Based Tax Compliance — Smart Contracts for Automated VAT Collection

Key Points

• This research aims to explore the use of blockchain technology for tax compliance through smart contracts.
• Analyzing blockchain technology applications in tax collection systems
• Evaluating automated processes for VAT collection
• Investigating the efficiency of smart contracts in compliance scenarios
• Smart contracts enhance tax compliance mechanisms.
• Automated VAT collection significantly reduces administrative burdens.
• Integration of blockchain can improve transaction transparency.