ebooks and download videos Search All  Title  Author 
Home / Nonfiction / Business & Economics / International / Economics

South Africa: Technical Assistance Report-Revenue Administration Gap Analysis Program-The Value-Added Tax Gap

| £7.50 | €8.43 | Ca$12.17 | Au$12.01
by International Monetary Fund. Fisc Dept.
What is this?DRM-EPUB | by download   add to wish list
South Africa: Technical Assistance Report-Revenue Administration Gap Analysis Program-The Value-Added Tax Gap by International Monetary Fund. Fisc Dept.

EXECUTIVE SUMMARY This report presents the results of applying the VAT gap estimation methodology of the Revenue Administration Gap Analysis Program (RA-GAP) to South Africa for the period 2007-12. The methodology employs a top-down approach for estimating the potential VAT base, using statistical data on value-added generated in each sector. There are two main components to this methodology for estimating the VAT compliance gap: 1) estimate the potential net VAT collections for a given period, and 2) determine the accrued net VAT collections for that period. The difference between the two values is the compliance gap. Main findings The compliance gap is estimated to be between 5 percent and 10 percent of potential VAT revenues during the period 2007-12, and peaking in 2008 and 2009 (Figure 1). The estimated compliance gap for VAT in South Africa between 2007 and 2012 is hump-shaped; the compliance gap increased to 10 percent of potential revenue in 2009, when the global financial crisis severely hit the South African economy. The gap has since gradually decreased to the same level as 2007. The calculated gap numbers will be revised upward once the recent revisions of national accounts data in South Africa are incorporated, by 1-3 percent.1 The estimated gap is low by international standards, below the typically observed levels in European and Latin American countries.

To view this DRM protected ebook on your desktop or laptop you will need to have Adobe Digital Editions installed. It is a free software. We also strongly recommend that you sign up for an AdobeID at the Adobe website. For more details please see FAQ 1&2. To view this ebook on an iPhone, iPad or Android mobile device you will need the Adobe Digital Editions app, or BlueFire Reader or Txtr app. These are free, too. For more details see this article.

SHARE  Share by Email  Share on Facebook  Share on Twitter  Share on Linked In  Share on Delicious
or call in the US toll free 1-888-866-9150 product ID: 759631

Ebook Details
Pages: 50
Size: 2.8 MB
Date published:   2015
ISBN: 9781513508474 (DRM-EPUB)

DRM Settings
Copying:not allowed
Printing:not allowed
Read Aloud:  not allowed

This product is listed in the following categories:

Nonfiction > Business & Economics > Money & Monetary Policy
Nonfiction > Political Science > Public Policy > Economic Policy
Nonfiction > Business & Economics > International > Economics

This author has products in the following categories:

Nonfiction > Business & Economics
Nonfiction > Business & Economics > Money & Monetary Policy
Nonfiction > Business & Economics > Taxation
Nonfiction > Business & Economics > International > Economics
Nonfiction > Medical
Nonfiction > Medical > Health Policy
Nonfiction > Business & Economics > Real Estate > Mortgages
Nonfiction > Business & Economics > Public Finance
Nonfiction > Political Science > Public Policy > Economic Policy

If you find anything wrong with this product listing, perhaps the description is wrong, the author is incorrect, or it is listed in the wrong category, then please contact us. We will promptly address your feedback.

© 2016