## Revenue Administration: Implementing a High-Wealth Individual Compliance Program

_Technical Notes and Manuals, May 5, 2017_

## Source details

**Canonical URL:** [Revenue Administration: Implementing a High-Wealth Individual Compliance Program](https://www.imf.org/en/publications/tnm/issues/2017/05/04/revenue-administration-implementing-a-high-wealth-individual-compliance-program-44805)

## Other formats

- [Markdown version](/en/publications/tnm/issues/2017/05/04/revenue-administration-implementing-a-high-wealth-individual-compliance-program-44805/index.md)
- [Structured JSON version](/en/publications/tnm/issues/2017/05/04/revenue-administration-implementing-a-high-wealth-individual-compliance-program-44805/index.json)
- [Bundle manifest](/en/publications/tnm/issues/2017/05/04/revenue-administration-implementing-a-high-wealth-individual-compliance-program-44805/bundle-manifest.json)

## Bibliographic details
- Authors: Lucilla Mc Laughlin, John Buchanan
- Published: May 5, 2017
- Series: Technical Notes and Manuals
- DOI: https://doi.org/10.5089/9781475592948.005

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### Summary
- Purpose: Guidance to tax administrations considering a program to enhance the tax compliance of high wealth individuals.
- Core contents:
  - Rationale for a specialized compliance program for high-wealth individuals.
  - Guidance on defining the population of wealthy individuals.
  - Advice on assessing readiness for a compliance program (legal framework, political environment, availability of necessary data, administration’s capacity).
  - Practical advice on implementing a high wealth individual compliance program using the compliance risk management model as its foundation.

### Defining the population of wealthy individuals
- Guidance focuses on criteria and methods to identify High Net Wealth Individuals (HWIs) and Ultra-High Wealth Individuals.
- Keywords and taxonomy preserved from the note include: High Net Wealth Individuals, High Wealth Individual, HWI, HWICP program, HWIs, Ultra-High Wealth Individual.

### Assessing readiness for a HWI compliance program
- Readiness assessment dimensions:
  - Legal framework
  - Political environment
  - Availability of necessary data (administration data, financial activity, capital income, earned income)
  - Administration’s capacity to implement a specialized program

### Implementing a HWI compliance program (compliance risk management model)
- Implementation anchored in the Compliance Risk Management approach.
- Practical advice includes risk-based targeting and procedures across core tax administration functions:
  - Compliance Risk Management
  - Tax Audit
  - Tax recovery and tax procedure laws
  - Tax withholding and tax administration risk mitigation
- Emphasis on auditing, financial activity analysis, and capital income treatment for HWIs.

### Key statistics and publication metadata
- Pages: 36
- Volume: 2017
- Issue: 007
- Series: Technical Notes and Manuals No. 2017/007
- DOI: https://doi.org/10.5089/9781475592948.005
- Stock No: TNMEA2017007
- ISBN: 9781475592948
- ISSN: 2075-8669
- Publication date listed on the landing page: May 5, 2017
- Authors: Lucilla Mc Laughlin, John Buchanan

*Source: Revenue Administration: Implementing a High-Wealth Individual Compliance Program, Technical Notes and Manuals No. 2017/007.*

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## Content in this bundle

- **Tnm1707**
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_Source: https://www.imf.org/en/publications/tnm/issues/2017/05/04/revenue-administration-implementing-a-high-wealth-individual-compliance-program-44805_