This course encompasses a comprehensive array of taxes such as value-added tax, personal and commercial income tax, excises, property tax, trade taxes and taxes on natural resources. The usage of macroeconomic models, micro-simulation models and typical taxpayer models are also included in this program.

The course also focuses on the technical and official aspects of revenue forecasting and tax policy analysis, where it delivers an outline of the quantitative approaches that are required to forecast and assess the revenue implications of variations in major taxes like personal income taxes, commercial income taxes, value-added taxes, and international trade taxes. The course also highlights the need for establishing a robust institutional framework to sustain the revenue forecasting process.

This training course will empower participants with both conceptual and practical approaches and employs hands-on activities to support learning, which include quizzes and quantitative exercises with real fiscal data.

• Describe the role of tax policy and revenue forecasting in the budget-making process.
• Identify good practices relating to the institutional framework that supports the tax policy and revenue forecasting process.
• Identify data requirements for each method of tax policy and revenue forecasting.
• Apply macro-based models for tax policy and forecasting tax revenue.
• Apply input-output models and microsimulation techniques to analyze tax policy and the distributional implications from indirect and direct taxes.
• Recognize the strengths and limitations of different models.

• Tax agents
• Tax advisors
• Tax auditors
• Legal counsel and lawyers
• Tax advisers
• General tax practitioners
• Tax practitioners in advisory firms
• Beginners in tax commercial and trade industries
• Government officials from revenue authorities and finance ministries
• In-house tax directors/managers
• Tax regulation bodies
• Financial analysts

• Tax Analysis
• Different Types of Tax Policies
• Tax Administration & Compliance
• Revenue Forecasting
• Computer Applications
• Empirical Techniques and Models
• Risk Management, Competition & Incentives