PulseExploreJournal ClubDebatesTrendingResearchersJournals
Instagram
HomeExploreJournal ClubTrending
Synapse
⌘+K
Synapse
February 5, 2026Science Journal of Business and Management0 citationsOpen Access

Essence of Electronic Tax Systems in the Management of Taxes

View Full Paper
HJHaji JumaYSYogendra SinghANAustin Milward Nyoni

Key Points

  • The paper aims to highlight the significance of electronic device machines (EDMs) in tax management.
  • Utilized a review methodology to analyze existing literature
  • Applied inclusion and exclusion criteria for relevant papers
  • Synthesized findings from multiple articles
  • EDMs prevent tax data manipulation associated with manual collection.
  • EDMs enable real-time transactions, enhancing efficiency in tax reporting.
  • EDMs reduce tax evasion, leading to increased revenue collection.
  • EDMs provide a data audit trail that improves tax compliance.

Abstract

The deployment of technological innovations to enhance efficiency and accuracy has led to a considerable impact on various commercial sectors globally. In the absence of relevant technological innovations, it would have been burdensome to capture, let alone store and process voluminous commercial transactions. The present paper aims to expounding the significance of electronic device machines (EDMs) as a technological innovation in the management of taxes. A review methodology was utilized to analyze extant literature with regards to the topic. A predetermined inclusion and exclusion criteria was employed to determine the relevance of papers that were analyzed. Through thorough synthesis of articles that were analyzed, the study found four benefits of EDMs as a technological innovation in the management of taxes. Firstly, EDMs prevent tax data manipulation which is rampant when taxes are collected manually; secondly, EDMs allow for real-time transactions where tax data is instantly sent to tax collecting bodies thereby improving efficiency; thirdly, EDMs prevent tax evasion thereby enhancing revenue collection; and finally, EDMs provide tax audit trail from the data sources thereby enhancing tax compliance. In a nutshell, adoption of EDMs as a technological innovation is vital in the process of managing tax as it minimizes challenges faced by tax collecting bodies when the exercise is done manually.

Ask AI
Helpful
Bookmark
Share
View Full Paper

Cite This Study

Juma et al. (2026) studied this question.

synapsesocial.com/papers/6984359ef1d9ada3c1fb49d0https://doi.org/10.11648/j.sjbm.20261401.12
Ask AI
Helpful
Bookmark
Share
View Full Paper