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A survey of tax compliance costs of Flemish SMEs: magnitude and determinants

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Abstract
This study presents survey evidence on the magnitude and determinants of tax compliance costs in Flemish small and medium-sized enterprises (SMEs). Data were obtained from an Internet questionnaire among members of a professional network of Flemish entrepreneurs, called VOKA. Analyzing a sample of 151 Flemish SMEs, we find that the tax compliance costs exceeding over 7% of gross added value are relatively high. Value-added tax, labor taxes, and corporate taxes are the main components of tax compliance costs. In addition, our evidence confirms the regressivity hypothesis, according to which smaller companies face relatively higher compliance costs. Furthermore, industry, age, and the proportion of blue-collar workers prove to be determining factors of relative compliance costs. Our study concludes by formulating a number of policy recommendations that might contribute to lower compliance costs.
Keywords
EMPIRICAL-EVIDENCE, SMALL-BUSINESS, TAXATION, AUSTRALIA, ECONOMY, IMPACT, UK

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Chicago
Schoonjans, Bilitis, Philippe Van Cauwenberge, Catherine Reekmans, and Gudrun Simoens. 2011. “A Survey of Tax Compliance Costs of Flemish SMEs: Magnitude and Determinants.” Environment and Planning C-government and Policy 29 (4): 605–621.
APA
Schoonjans, B., Van Cauwenberge, P., Reekmans, C., & Simoens, G. (2011). A survey of tax compliance costs of Flemish SMEs: magnitude and determinants. ENVIRONMENT AND PLANNING C-GOVERNMENT AND POLICY, 29(4), 605–621.
Vancouver
1.
Schoonjans B, Van Cauwenberge P, Reekmans C, Simoens G. A survey of tax compliance costs of Flemish SMEs: magnitude and determinants. ENVIRONMENT AND PLANNING C-GOVERNMENT AND POLICY. 2011;29(4):605–21.
MLA
Schoonjans, Bilitis, Philippe Van Cauwenberge, Catherine Reekmans, et al. “A Survey of Tax Compliance Costs of Flemish SMEs: Magnitude and Determinants.” ENVIRONMENT AND PLANNING C-GOVERNMENT AND POLICY 29.4 (2011): 605–621. Print.
@article{2153045,
  abstract     = {This study presents survey evidence on the magnitude and determinants of tax compliance costs in Flemish small and medium-sized enterprises (SMEs). Data were obtained from an Internet questionnaire among members of a professional network of Flemish entrepreneurs, called VOKA. Analyzing a sample of 151 Flemish SMEs, we find that the tax compliance costs exceeding over 7\% of gross added value are relatively high. Value-added tax, labor taxes, and corporate taxes are the main components of tax compliance costs. In addition, our evidence confirms the regressivity hypothesis, according to which smaller companies face relatively higher compliance costs. Furthermore, industry, age, and the proportion of blue-collar workers prove to be determining factors of relative compliance costs. Our study concludes by formulating a number of policy recommendations that might contribute to lower compliance costs.},
  author       = {Schoonjans, Bilitis and Van Cauwenberge, Philippe and Reekmans, Catherine and Simoens, Gudrun},
  issn         = {0263-774X},
  journal      = {ENVIRONMENT AND PLANNING C-GOVERNMENT AND POLICY},
  keyword      = {EMPIRICAL-EVIDENCE,SMALL-BUSINESS,TAXATION,AUSTRALIA,ECONOMY,IMPACT,UK},
  language     = {eng},
  number       = {4},
  pages        = {605--621},
  title        = {A survey of tax compliance costs of Flemish SMEs: magnitude and determinants},
  url          = {http://dx.doi.org/10.1068/c10177b},
  volume       = {29},
  year         = {2011},
}

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