Residential income tax compliance in Nepal: An empirical analysis

Tax compliance is the determining factor in tax report submission, enhancing tax awareness. A low level of tax compliance (TC) directly affects the government revenue and low inflow of information regarding taxpayers. This study uses descriptive and explanatory research approaches to identify determ...

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Bibliographic Details
Published in:Investment management & financial innovations 2024-11, Vol.21 (4), p.170-187
Main Authors: Dev Lamichhane, Basu, Bahadur Lama, Padam, Pathak, Bishnu, Kumar Chataut, Mukund
Format: Article
Language:English
Subjects:
attitude
rental income tax
tax awareness
tax compliance
tax knowledge
tax policy
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Summary:Tax compliance is the determining factor in tax report submission, enhancing tax awareness. A low level of tax compliance (TC) directly affects the government revenue and low inflow of information regarding taxpayers. This study uses descriptive and explanatory research approaches to identify determinants of residential rental income tax compliances (TC) among property owners in Kathmandu Metropolitan City, Nepal. A total of 1,129 structured questionnaires were distributed among the households of Kathmandu Valley for the cross-sectional and primary data, and only 500 (44.29 percent) useful responses were received from the respondents as the population was unknown. The response rate exceeds the estimated sample size of 384. The findings revealed a significant positive impact of tax rate on tax compliances (r = 0.329**, P
ISSN:1810-4967
1812-9358
DOI:10.21511/imfi.21(4).2024.14