Balancing Between Fiscal Interests and Privacy Data Protection

Abstract

The digital era presents new challenges and opportunities in personal data management, demanding dynamic and responsive adaptation of public policies to balance technological innovation, individual privacy, and economic interests. The results of this study show that the implementation of data protection policies in tax law has the potential to increase public trust in the tax system significantly. This promising finding suggests that policies that ensure personal data protection are consistently integrated into tax procedures can encourage higher tax compliance. Moreover, the adoption of technology, such as cloud computing and blockchain, plays a pivotal role in corporate governance, improving data protection and offering operational efficiency. This emphasis on the role of technology reassures the audience about the potential benefits of technological adoption. Furthermore, tax agencies that regularly evaluate and update their policies to align with the latest technological developments and changing privacy norms show higher public trust. This confirms that active engagement of tax agencies in discussions on the ethics of data processing and artificial intelligence can strengthen transparency and accountability. Therefore, a combination of legal reforms, investments in security technologies, and a dynamic and inclusive regulatory approach are key factors in creating a tax system that is efficient and ethical, in line with modern society's expectations for privacy and data management.