Estimating tax revenue – Organisation and processes

general assembly on November 14, 2017

In its report submitted to the House of Representatives, the Court of Audit examined the tax revenue estimation method applied by the Federal Public Service Finance. Tax revenue estimates, on which the revenue budget drawn up by public authorities is based, must indeed be as accurate as possible. In previous years, the Court of Audit's review regarding budget drafting and implementation revealed that the estimated revenue could differ substantially from the realised revenue.