There are a number of possible financial models ; The important point is the entire system could be financed from the recovery of just a few days’ losses.
Public and Private partners are a key component of MobiVAT’s success. MobiVAT partners range from software publishers and developers to resellers, financial services providers, CPA experts and technology partners.
Inevitably there will be start-up costs to build the technology infrastructure and to re-position existing administrative infrastructure to handle the new systems
As VAT is a consumption tax the revenue generated will be constant.
Compared to other indirect tax VAT is easy to manage.
Due to catch-up effect of VAT, it minimizes avoidance.
As the VAT is collected in small installments so the consumers has minimum burden.
VAT is a neutral tax so it can be imposed on all types of business.
Huge amount of revenue is generated on a low tax rate through VAT.