IMF Staff Country Reports

Belgium: Technical Assistance Report-Revenue Administration Gap Analysis Program–The Value Added Tax

May 17, 2023

Download PDF Order a Print Copy
Order a Print Copy

Preview Citation

Format: Chicago

Belgium: Technical Assistance Report-Revenue Administration Gap Analysis Program–The Value Added Tax, (USA: International Monetary Fund, 2023) accessed November 21, 2024

Summary

This report presents the results of applying the RA-GAP VAT gap estimation methodology to Belgium for the period 2011-2021. The Revenue Administration Gap Analysis Program (RAGAP) methodology employs a top-down approach for estimating the potential Value-Added Tax (VAT) base, using statistical data on value-added generated in each sector. There are two main components to this methodology for estimating the VAT gap: 1) estimate the potential VAT collections for a given period; and 2) determine the accrued VAT collections for that period. The difference between the two values is the VAT gap.

Subject: International organization, Monetary policy, Public financial management (PFM), Revenue administration, Revenue Administration Gap Analysis Program (RA-GAP), Revenue performance assessment, Tax expenditures, Tax gap, Taxes, Value-added tax

Keywords: Europe, Gap term, Revenue Administration Gap Analysis Program (RA-GAP), Revenue performance, Tax expenditures, Tax gap, Value-added tax, VAT collection, VAT gap, VAT Gap

Publication Details

  • Pages:

    38

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2023/166

  • Stock No:

    1BELEA2023003

  • ISBN:

    9798400241147

  • ISSN:

    1934-7685

You May Also Be Interested In...

VITARA Reference Guide: Institutional Governance

November 21, 2024

Understanding Artificial Intelligence in Tax and Customs Administration

November 21, 2024

Managing Tax Incentives in Developing Countries

November 21, 2024

Burkina Faso: Report on Government Finance Statistics Mission (March 18–29, 2024)

November 18, 2024