Regularization of assets abroad and tax collection

Abstract

One of the problems that tax administrations face is tax evasion, which consists of manipulating tax returns with the purpose of reducing the tax burden to pay, which affects tax collection and therefore income. public, necessary to guarantee the well-being of citizens. For this reason, tax administrations must ensure the greatest possible contribution through their fiscal policies and regulatory bodies. In this study we will focus on taxes on foreign assets, which are imposed on property and monetary assets that a taxpayer maintains outside their tax residence. The objective of the investigation was based on analyzing the regularization of assets abroad and the collection of taxes. A bibliographic documentary type methodology was applied, where sources such as scientific articles, degree theses, government pages, among others, were consulted, which allowed the collection of information on the topic under study. Finally, it is concluded that in order to avoid tax evasion, the tax administration of a country must implement laws that ensure tax collection, but at the same time they must join international organizations and obtain cooperation on relevant tax information.

Keywords: assets, foreigners, taxes, regularization, collection.