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 |