Fighting Against Tax Evasion - A Comparative Approach Between Romania, Hungary and Anglo-Saxon Countries

Abstract

The coronavirus pandemic, which began in 2019, has caused a global health crisis as well as an economic downturn worldwide. National budgets and economic operators both have suffered significant revenues losses, while expenditure has been multiplied, due to the overfunding of the health sector and the recovery of businesses that have gone bankrupt, to save jobs and to create new ones. Optimal tax systems could play a major role in reducing the increased public deficits. It is essential to the states to collect and redistribute taxes in an effective and fair way. Consequently, one of the main tasks of the tax authorities is to step up in the fight against tax fraud and curb the black economy. The study presents the fight against tax evasion from Romanian and Hungarian perspectives. In the third part of the work, the authors discuss some Anglo-Saxon tools used to combat tax fraud, providing an opportunity to compare them with the Central and Eastern-European approaches.