The Adoption of RegTech in Enhancing Tax Compliance: Evidence from Telecommunication Companies in Jordan
摘要
RegTech presents a modern approach to overseeing and ensuring compliance within the high-tech sector. Nonetheless, applying technological solutions to reduce the costs associated with supervising tax-related activities can sometimes clash with regulatory authorities’ interventions. Hence, the research sought to delve into the influence of RegTech on tax compliance. This study focused on the workforce within Jordan's telecommunications firms and employed a cross-sectional design to gather data from 408 employees. The analysis leaned on structural equation modeling to validate the research hypotheses. The study culminated in the discovery that RegTech dimensions, especially smart contracts, exerted a noteworthy and affirmative impact on tax compliance. As a result, the research furnishes a series of recommendations and suggestions for various stakeholders involved in this domain.