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Designing Smart Contract for Electronic Document Taxation

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Cryptology and Network Security (CANS 2019)

Part of the book series: Lecture Notes in Computer Science ((LNSC,volume 11829))

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Abstract

In recent years, we have seen a massive blockchain adoption in cryptocurrencies such as Bitcoin. Following the success of blockchain in cryptocurrency industry, many people start to explore the possibility of implementing blockchain technology in different fields. In this paper, we propose Smart Stamp Duty, a system which can revolutionize the way stamp duty (document tax) is managed and paid. The proposed Smart Stamp Duty offers significant improvements on the convenience when paying stamp duty by removing the need of physical revenue stamp. At the same time, the blockchain technology also provides the auditability of the recorded data. Smart stamp duty enables the expansion of the existing electronic stamp duty application to retail level. Smart stamp duty also enables the taxpayers to pay the stamp duty of their electronic documents. Our proposed system also enables the taxpayers to convert their electronic documents into physical documents while still maintain the ability to refer the electronic-based stamp duty payments.

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Notes

  1. 1.

    https://www.jpmorgan.com/country/US/EN/Quorum.

  2. 2.

    https://github.com/sonicskye/smart-stamp-duty.

  3. 3.

    https://github.com/sonicskye/smart-stamp-duty-ui.

  4. 4.

    Rp stands for Rupiah, the Indonesian national currency.

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Author information

Authors and Affiliations

  1. Monash University, Melbourne, Australia

    Dimaz Ankaa Wijaya, Joseph K. Liu & Ron Steinfeld

  2. Data61, CSIRO, Canberra, Australia

    Dimaz Ankaa Wijaya & Dongxi Liu

  3. Gadjah Mada University, Yogyakarta, Indonesia

    Fengkie Junis & Dony Ariadi Suwarsono

  4. Directorate General of Taxes, Jakarta, Indonesia

    Dony Ariadi Suwarsono

Authors
  1. Dimaz Ankaa Wijaya
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  2. Joseph K. Liu
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  3. Ron Steinfeld
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  4. Dongxi Liu
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  5. Fengkie Junis
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  6. Dony Ariadi Suwarsono
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Corresponding author

Correspondence to Dimaz Ankaa Wijaya .

Editor information

Editors and Affiliations

  1. Fujian Normal University, Fuzhou, China

    Yi Mu

  2. Singapore Management University, Singapore, Singapore

    Robert H. Deng

  3. Fujian Normal University, Fuzhou, China

    Xinyi Huang

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Wijaya, D.A., Liu, J.K., Steinfeld, R., Liu, D., Junis, F., Suwarsono, D.A. (2019). Designing Smart Contract for Electronic Document Taxation. In: Mu, Y., Deng, R., Huang, X. (eds) Cryptology and Network Security. CANS 2019. Lecture Notes in Computer Science(), vol 11829. Springer, Cham. https://doi.org/10.1007/978-3-030-31578-8_11

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  • DOI: https://doi.org/10.1007/978-3-030-31578-8_11

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-31577-1

  • Online ISBN: 978-3-030-31578-8

  • eBook Packages: Computer ScienceComputer Science (R0)

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