Research On The Application Of Blockchain Technology In The Tax Administration

Tax Revenue is the most essential part of state governance and plays an ultimate role in a country's macroeconomic regulation and control.With the rapid spread of big data technology in the course of Tax Administration,the collection and management of Tax Revenue is faced some brand-new challenges posed by the rising big data technology.The emergence of blockchain technology,with its decentralization,tamper-proof,trust-free,traceability and intelligent contracts,provides an opportunity to further improve modern tax governance capabilities.Blockchain technology can effectively reduce the rate of tax loss and the cost of tax revenue,and solve the problems caused by tax information asymmetry between the taxpayers and the tax collectors by embodying the process of information game between the two sides through distributed encryption bookkeeping,enable relevant departments of taxation to reduce the occurrence rates of tax risk and raise the tax compliance of taxpayers.Beginning from the domestic and overseas experience in the evolution course and research of blockchain technology,this thesis focuses on the potential problems with the compatibility in the application of blockchain technology facing Tax Administration,proposing its outlook conditions and challenges.In this thesis,the author suggests improving the tax laws and regulations concerning blockchain application and establishing specific systems supervising the tax information pf taxpayers,referring to the overseas cases of blockchain technology in tax administration.Apart from that,this thesis also advocates setting up platforms to make sure of the privacy of the taxpayers through guarding tax-related information on the blockchain,highlighting tax credit rating systems,promoting the establishment of tax risk models,and encouraging tax payers to take the initiative to apply the blockchain to tax collection,and optimizing the level of tax collection and management measures for the realization of the blockchain in the modernization of the capacity of tax governance to provide a solution that can be put into practice.