Type of Risk

Indicators of VAT Compliance

Registration

· Trend in the percentage of registered taxpayers (by specified entity type) compared to estimates of potential VAT payers

Filing

· Trend in the percentage of returns filed on time by entity type

Correct Reporting

· Net VAT revenue tracked against changes in consumer expenditures and levels of imports

· Net VAT collection/estimates of VAT base (derived from national accounts data)

Payment

· Trend in the percentage of tax paid on time by entity type