Evaluation of VAT revenue forecasting in 2019-2021
This publication analyzes the methodological support of VAT revenue forecasting. It is considered the procedural aspects and key characteristics of VAT forecasting. It is analyzed the indicators, that are necessary for the VAT revenue forecasting.
The results of independent estimation according to Methodology of VAT revenues forecasting, dated August 31, 2004, No. 545/315/502/637 are presented.
As a result, it has been found, that the Methodology needs to be revised, because it is outdated not only for the approach to the estimation, but also due to the lack of a number of input data, that due to changes in their accounting and monitoring.