The commercial bank's contribution to the optimization of fiscal management
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2024-04-22 07:45
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BULGAC, Corina. The commercial bank's contribution to the optimization of fiscal management. In: Competitivitatea şi inovarea în economia cunoaşterii: Culegere de rezumate, Ed. Ediția 27, 22-23 septembrie 2023, Chişinău. Chişinău Republica Moldova: "Print-Caro" SRL, 2023, Ediţia a 27-a, Volumul 1, p. 70. ISBN 978-9975-175-98-2.
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Competitivitatea şi inovarea în economia cunoaşterii
Ediţia a 27-a, Volumul 1, 2023
Conferința "Competitivitate şi inovare în economia cunoaşterii"
Ediția 27, Chişinău, Moldova, 22-23 septembrie 2023

The commercial bank's contribution to the optimization of fiscal management

JEL: G21, H21, H26, E42

Pag. 70-70

Bulgac Corina
 
Academy of Economic Studies of Moldova
 
 
Disponibil în IBN: 15 februarie 2024


Rezumat

Commercial banks are a fundamental element in the global economy, playing a crucial role in the development and management of financial resources. In addition to their traditional functions of financial intermediation and provision of banking services, these institutions have a significant impact on the fiscal administration of a state. The researched subject of this article is how commercial banking contributes to improving the quality of tax administration. One of the most important contributions of commercial banks to tax administration is the correct collection and reporting of taxes. Banks are required to keep records of their customers' financial transactions, including deposits, withdrawals, transfers and business transactions. Another way commercial banks contribute to tax administration is by facilitating tax payments. Many banks offer tax payment services, allowing taxpayers to easily pay their tax debts to the government. This not only makes the payment process more convenient for taxpayers, but also for tax authorities, as it reduces the risk of late or non-payment of taxes. In conclusion, the commercial bank is an essential piece in the tax administration puzzle. These institutions not only help pay taxpayers but also ensure fairness and transparency in the tax system, which is essential for a country's sustainable economic development.

Cuvinte-cheie
commercial bank, Tax Administration, taxpayers, services, government payments, tax liabilities