Paper Contents
Abstract
This paper explores the relationship between tax compliance costs and their impact on small and medium enterprises (SMEs) engaged in international trade. It examines how the complexity of tax regulations, administrative burdens, and compliance costs affect the operational efficiency and competitiveness of SMEs in the global market. Through a comprehensive literature review and empirical analysis, the study identifies key factors that contribute to heightened compliance costs, including varying tax laws across jurisdictions and the lack of access to tax advisory resources. The findings reveal that excessive compliance costs can deter SMEs from participating in international trade, limiting their growth potential and market reach. Furthermore, the paper discusses strategies for policymakers to simplify tax compliance processes and provide support to SMEs, thereby fostering a more conducive environment for international trade. The implications of these findings suggest that reducing tax compliance costs can enhance the competitiveness of SMEs, ultimately contributing to economic growth.
Copyright
Copyright © 2024 Aarav Chhabra. This is an open access article distributed under the Creative Commons Attribution License.
