[KIPF BRIEF] Impact of Taxpayers' Psychological Factors on Tax Compliance

Abstract

Ⅰ. Background and Issues<br><br>Ⅱ. Survey and Analysis<br><br>Ⅲ. Policy Recommendations<br><br>Ⅳ. Expected Effects

□ The results of the survey conducted with the general public in Korea revealed that psychological variables, including the intention to pay taxes honestly, societal rules, comprehension of the tax system, taxation equity, and trust in the NTS, were decisive factors that had a significant impact on citizens&rsquo; tax compliance behaviors.<br><br><br><br>□ Improving tax compliance is a pressing task for many countries around the world who face mounting financial pressure. It is possible to expand tax revenues within the current framework of the tax system without raising taxes if the government instills the willingness to pay taxes honestly in the minds of taxpayers, establishes societal rules of tax compliance, and enhances trust in the NTS so that people are encouraged to embrace the behaviors of tax compliance on a voluntary basis.