The Impact Of Corporate Tax Evasion On The Budget Revenue Decline: A Case Study Jordan’s Overall Budget

Abstract

The purpose of this research is to consider the impact of corporate tax evasion on Jordan’s total budget. To decrease revenue, four aspects were also influenced: public revenue, public expenses, tax rates, and the budget deficit. The sample for study includes 93 questionnaires completed by workers working as tax collectors at the Ministry of Finance. The study discovered that tax revenue, public expenses, tax rates, and the budget deficit had no substantial influence on tax evasion. Furthermore, researchers have identified tax evasion at all levels as a means of diminishing financial resources that serve as a source of revenue for states that rely on taxes to finance public expenditures, as well as assisting in the financing of economic and social investment.