Application of Blockchain Technology in Tax Collection and Management

Abstract

Blockchain is one of the most significant technological innovations in information technology in recent years. It not only brings updates and iterations of information technology, but also may change the way in which big data is used. Due to the unique advantages and application prospects of blockchain, research on the application of blockchain in various fields is being actively carried out, and tax collection and management is no exception. This article mainly studies the application of blockchain technology in tax collection and management. Based on a review of the current research on the application of blockchain technology in the field of taxation, this paper analyzes the possible limitations of the application of blockchain technology in tax collection and management based on the technical characteristics of the blockchain and the current application situation and its own attributes It also puts forward the directions and possible ways to promote the application of blockchain in tax collection and management in China. The research in this paper found that the average tax evasion rate of VAT in 22 developing countries reached 30.3%. Even in developed countries with a strong sense of tax payment, the proportion of tax paid according to law is only 83.9%. The research results of this paper are of great significance to the application of blockchain technology in tax collection and management.