The International Survey On Revenue Administration 2018 Departmental Papers: Key Findings and Insights

Revenue administration plays a critical role in any country's economic development. It is responsible for effectively managing tax collection, combating tax evasion, and ensuring fair and transparent tax systems. The International Survey on Revenue Administration (ISORA) is a comprehensive effort by the International Monetary Fund (IMF) to collect and analyze data on revenue administration practices worldwide. In this article, we will delve into the key findings and insights from the 2018 ISORA Departmental Papers and their significance for countries around the world.

What is the International Survey on Revenue Administration?

The International Survey on Revenue Administration is a unique initiative undertaken by the IMF. It aims to collect detailed information and data on various aspects of revenue administration practices in member countries. This survey enables countries to benchmark their performance against global best practices and identify areas for improvement.

The ISORA survey covers a wide range of topics, including taxpayer registration, filing and payment procedures, risk management, audit and enforcement, and taxpayer service. The latest 2018 report comprises a series of departmental papers that delve deep into these issues and provide invaluable insights into revenue administration practices.

Understanding Revenue Administration: International Survey on Revenue Administration 2018 (Departmental Papers)

by Jerry Prout (Kindle Edition)

5 out of 5

Language	:	English
File size	:	5914 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	179 pages

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Key Findings and Insights from the 2018 Departmental Papers

1. Taxpayer Registration:

The departmental papers highlight the importance of effective taxpayer registration systems. They emphasize the need to accurately identify taxpayers and maintain up-to-date records to ensure efficient administration. The papers showcase successful registration practices from around the world and provide guidance on improving taxpayer identification processes.

2. Filing and Payment Procedures:

The 2018 papers shed light on the various filing and payment procedures implemented by different countries. They analyze the efficiency and effectiveness of these procedures, identify best practices, and offer recommendations for streamlining processes. The insights gained from these papers can help countries enhance compliance rates and reduce taxpayer burden.

3. Risk Management:

Effective risk management is crucial for revenue administrations to identify potential tax compliance issues and allocate resources accordingly. The departmental papers explore innovative risk management techniques used by countries to mitigate tax evasion risks. They discuss the use of data analytics, risk segmentation, and other advanced tools to enhance risk assessment and enforcement efforts.

4. Audit and Enforcement:

The 2018 ISORA papers delve into audit and enforcement practices and their impact on revenue administration. They analyze various audit strategies, including risk-based audits, compliance checks, and random audits, and evaluate their effectiveness. The findings provide valuable insights into optimizing audit resources and improving tax compliance through targeted enforcement measures.

5. Taxpayer Service:

Last but not least, the departmental papers highlight the importance of efficient and effective taxpayer service. They explore initiatives undertaken by revenue administrations to improve taxpayer education, communication, and support. The papers outline successful approaches to enhance taxpayer experience and encourage voluntary compliance.

Significance and Implications for Countries

The International Survey on Revenue Administration 2018 Departmental Papers provide a wealth of information for countries seeking to enhance their revenue administration practices. The key findings and insights offer invaluable guidance that can be tailored to specific country contexts.

For developing countries, the papers offer practical strategies to improve tax compliance, enhance revenue collection, and promote economic development. By implementing the recommended best practices, developing nations can strengthen their revenue administration systems and maximize tax revenues for socio-economic development.

Developed countries can also benefit from the ISORA departmental papers by benchmarking their current practices against global standards. The papers provide a yardstick to evaluate existing revenue administration systems and identify areas for improvement. Developed nations can adapt successful practices from other countries and enhance their own revenue administration frameworks.

The International Survey on Revenue Administration 2018 Departmental Papers is a definitive resource for countries looking to strengthen their revenue administration practices. The key findings and insights from this global survey empower revenue administrations to optimize tax collection, combat tax evasion, and improve taxpayer service. By implementing the recommended best practices, countries can foster economic growth, reduce the tax gap, and build fair and transparent tax systems for the benefit of their citizens.

Understanding Revenue Administration: International Survey on Revenue Administration 2018 (Departmental Papers)

by Jerry Prout (Kindle Edition)

5 out of 5

Language	:	English
File size	:	5914 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	179 pages

FREE

The International Survey on Revenue Administration (ISORA) collects tax administration data from national or federal tax administrations. It surveys tax administration operations and other characteristics based on common questions and definitions agreed by four international organizations: the Inter-American Center of Tax Administrations (CIAT), the International Monetary Fund (IMF), the Intra-European Organisation of Tax Administrations (IOTA), and the Organisation for Economic Co-operation and Development (OECD). These four Parties signed a Memorandum of Understanding (MOU) governing the administration and management of this worldwide survey. This publication presents the results of the International Survey on Revenue Administration (ISORA) 2018, encompassing responses from 159 national or federal tax administrations spanning profile information, performance, and practices in fiscal years 2018 and 2019. For ISORA 2018, the ISORA Parties partnered with the Asian Development Bank (ADB) to provide assistance to its members who were participating in the survey.