Finland: Technical Assistance Report-Revenue Administration Gap Analysis Program-The Value-Added Tax Gap
IMF Staff Country Reports, February 23, 2016
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- Finland: Technical Assistance Report-Revenue Administration Gap Analysis Program-The Value-Added Tax Gap
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Bibliographic details
- Published: February 23, 2016
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475558722.002
Summary overview
- Report presents estimates of the tax gap for Finland for the period 2008–14.
- Main purpose: estimate the compliance gap and provide estimates for other VAT gap measures, and compare and contrast them with the compliance gap.
- Publication date shown: February 23, 2016.
Methodology
- RA-GAP methodology has two main components:
- 1) estimate the potential VAT collections for a given period;
- 2) determine the accrued VAT collections for that period.
- VAT gap is defined as the difference between potential VAT collections and accrued VAT collections.
- Approach:
- Top-down estimation of the potential VAT base using statistical data on value-added generated in each sector.
- Construction of accrued VAT collections value from tax record data.
Definitions and gap measures
- Compliance gap: the difference between the potential VAT that could have been collected given the current policy framework and actual accrued VAT collections.
- Other tax gap measures: can be determined using different methods for determining potential VAT; these measures are important to understand all factors affecting current collections.
- Report commitments: will provide estimates for other gap measures and compare and contrast them with the compliance gap.
Subject areas and keywords
- Subject: Consumption taxes, Revenue administration, Revenue performance assessment, Tax efficiency, Tax gap, Taxes, Value-added tax
- Keywords: Actual value-added tax, assessment gap, compliance gap, Consumption taxes, CR, Customs estimate tax gap, efficiency gap, Europe, gap, gap estimate, improvement VAT, ISCR, policy gap, revenue performance, tax, Tax efficiency, Tax gap, Value-added tax, value-added tax gap, VAT, VAT payment, VAT revenue, VERO
Content in this bundle
- Executive Summary