TAX EVASION RISK REDUCTION STRATEGIES FOR INCREASING TAX SECURITY OF THE STATE

Abstract

Tax evasion causes serious damage to public finances every year, and effective strategies to combat these risks are essential to ensure stable budget revenues. The aim of the study is to analyse the causes of tax evasion and evaluate the relevant policy measures based on the experience of different countries. The study employs econometric analysis, case study, and correlation analysis. The results show that the level of corporate governance, as well as the degree of transparency, are inversely proportional to tax evasion situations. The study found that international measures such as a common reporting standard are important in minimizing cross-border tax evasion, but this depends on the effectiveness of domestic implementation structures. The work confirms that good governance, transparency and corporate social responsibility play an important role in the fight against tax evasion. The study supports the argument that domestic reforms and international cooperation are needed to improve tax compliance. It is necessary to carry out further research on the cultural and social consequences of tax evasion. It is important to consider digitalization and its impact on compliance with tax legislation. Sector-specific analysis of tax avoidance behaviour can be useful for decision-making by policy-makers. Further research could also consider the effectiveness of newly introduced tax measures and international agreements in a dynamic economic environment.