The role of responsive regulation in taxation
Rıga Stradicņš University, Latvia
This paper is aimed to show the role of responsive regulation in taxation on the example of such a legal remedy as the settlement agreement between taxpayer and tax administration in the jurisdiction of Latvia. The legal framework and resent case law of is analyzed on the basis of comparison with the latest research in the sphere of responsive regulation and the practical implementation of responsive regulation instruments in the other jurisdictions. The author of the paper comes to the conclusion that the existing legal model of settlement agreement is not efficient and it should be changed to the model that ensures the interests of taxpayers and tax administration in the optimal way.
Key words: responsive regulation / taxpayer / settlement agreement
© Owned by the authors, published by EDP Sciences, 2012
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