The Effectiveness of Receipt-Based Taxation Systems: Case Studies and Analysis

Abstract

Receipt-based taxation systems have emerged as a promising alternative to conventional taxation systems in recent years. Despite the simplicity of the concept, their implementation and effectiveness across different countries remain not fully understood. This research aims to analyze the effectiveness of receipt-based taxation systems through case studies and cross-country analysis. The research methodology includes a comprehensive literature review, quantitative data analysis, and in-depth case studies of several countries that have adopted this taxation system, such as Brazil, South Korea, and Greece. Key success factors and implementation challenges are identified, including taxpayer compliance, information technology integration, and supportive regulations. The findings indicate that receipt-based taxation systems can increase tax revenue and reduce tax evasion when implemented properly. However, the success of these systems heavily depends on a country's economic, social, and political context. This study provides valuable insights for policymakers and researchers in the field of taxation by identifying best practices and lessons learned from the experiences of these countries. Additionally, the research explores the potential impact of receipt-based taxation on economic growth, business competitiveness, and administrative costs. It also discusses the role of digital technologies in facilitating the implementation and monitoring of such systems. Overall, this study contributes to the understanding of innovative taxation approaches and offers practical recommendations for countries considering the adoption or refinement of receipt-based taxation systems.