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dc.contributor.authorNik Mohamed, Nik Abdullah Sani Binen
dc.date.accessioned2008-10-22T14:30:05Z
dc.date.available2008-10-22T14:30:05Z
dc.date.issued2006en
dc.identifier.otherDXN105523en
dc.identifier.urihttp://hdl.handle.net/10399/194
dc.description.abstractThe aim of this research is to identify and define the characteristic behaviour of and factors that influence taxpayers in small and medium-sized enterprises (SMEs) when they either evade tax or comply with tax law. The study also attempts to assess the extent of tax evasion by SMEs in Malaysia. In addition, another concern is also to explore both the actual and potential role of forensic accounting with the focus on improving current enforcement strategies for deterring tax evasion by SMEs. The research findings will contribute to the current limited literature on the tax compliance of SMEs and forensic accounting, especially with respect to Malaysia. Using a multi-method approach, the results of this thesis suggest that the extent of tax evasion by SMEs in Malaysia is both widespread and frequent. The findings also indicate that the offences tend to be deliberate evasion without any sophisticated tax-planning scheme. Understatement of gross profit and overstatement of expenses other than the cost of goods sold are the most frequently used methods. The fact that most taxpayers are unlikely to be detected and penalised by the tax authority is also another factor shaping tax evasion by SMEs. Most SMEs are heavily reliant on tax practitioners to guide them to comply with their income tax matters and will remain with the same tax practitioner in general; however, there is a tendency for some to switch tax practitioner for whatever reason they think fit. Forensic accounting is a field that encapsulates all other areas in the use of accounting for investigative purposes. Forensic accounting is a relatively new discipline in Malaysia; however, the awareness of forensic accounting by tax practitioners and IRB (Inland Revenue Board Malaysia) personnel is strong. The techniques used in forensic accounting are not new to the IRB; however, the IRB personnel need further exposure to and training in these techniques. The finding indicates a lack of sophisticated planning in tax evasion by SMýs in Malaysia. Despite this, forensic accounting technique could be added to the existing tools necessary to bring about the successful investigation and prosecution of those involved. The study was carried out at a time of change for the IRB
dc.language.isoen
dc.publisherHeriot-Watt Universityen
dc.publisherManagement and Languagesen
dc.rightsAll items in ROS are protected by the Creative Commons copyright license (http://creativecommons.org/licenses/by-nc-nd/2.5/scotland/), with all rights reserved.en
dc.titleTax evasion by small and medium sized enterprises (SMEs) and the role of forensic accounting : the Malaysian perspectiveen
dc.typethesisen


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