Question: Hello There! Please provide a thorough step by step and detailed explanation for below question. Question 1 Tax obligations as such are not voluntary. To
Hello There!
Please provide a thorough step by step and detailed explanation for below question.
Question 1
Tax obligations as such are not voluntary. To promote voluntarycompliance and enhance tax collection, tax systems need to impose penaltiesfor failure to comply with tax rules. They are triggered by a lack ofpayment of the tax due (the primary tax obligation), but also by the failure tocomply with any other ancillary tax obligations. The main aim of sanctions is to promote compliance and deter infringements,having both a preventive and a repressive function.
Required:
(1). Critically evaluate the voluntary compliance of taxes in Fiji?
(2). What are the penalties for failure to comply with tax rules in Fiji?
Thank you for your answer in advance!
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