International Journal of Integrated Science and Technology
Vol. 2 No. 2 (2024): February 2024

Technological Transformation for the Collection of Zakat, Tax and Custom in Saudi Arabia

Omar Ibrahim Alzaidan (Ministry of Education, Riyadh, Saudi Arabia)



Article Info

Publish Date
29 Feb 2024

Abstract

The technological transformation of revenue collection processes, encompassing Zakat, tax, and customs administration, has emerged as a significant initiative in Saudi Arabia's pursuit of modernization and efficiency in fiscal governance. This paper explores the implications and insights derived from this transformation, shedding light on the advantages, challenges, and future prospects associated with the integration of technology in revenue administration. Through a comprehensive review of literature, government documents, and expert insights, the paper examines how technological advancements enhance accuracy, efficiency, compliance, transparency, cost savings, and resource allocation in revenue collection. Furthermore, it analyzes the impact of technology on various stakeholders, including taxpayers, government agencies, businesses, and the economy as a whole. While acknowledging the challenges of initial implementation costs, resistance to change, cybersecurity risks, and disparities in digital literacy, the paper underscores the transformative potential of technology in driving sustainable growth and development. Recommendations are provided for policymakers and stakeholders to effectively leverage technology while mitigating challenges, emphasizing the importance of continued innovation, collaboration, and investment in technological infrastructure.

Copyrights © 2024






Journal Info

Abbrev

ijist

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Education Languange, Linguistic, Communication & Media Social Sciences

Description

International Journal of Integrated Science and Technology (IJIST) is a scientific multidisciplinary research journal published by Multitech Publisher. The aim of this journal publication is to disseminate the research results, conceptual thoughts, improved research methodologies, and ideas that ...