scholarly journals Value Added Tax Rates Reform in the Czech Republic

2012 ◽  
Vol 2012 (1) ◽  
pp. 82-91 ◽  
Author(s):  
Ondřej Bayer
Keyword(s):  
Czech Republic ◽  
Value Added ◽  
Tax Rates ◽  
Value Added Tax ◽  
The Czech Republic

scholarly journals VAT Gap Estimation and Influence of Selected Methods of Financial Administration on its Reduction

2021 ◽  
Vol 12 (1) ◽  
pp. 45-60
Author(s):  
Lukáš Moravec ◽  
Jana Hinke ◽  
Monika Borsiczká
Keyword(s):  
Czech Republic ◽  
Gross Domestic Product ◽  
Value Added ◽  
Domestic Product ◽  
National Accounts ◽  
Value Added Tax ◽  
The Czech Republic ◽  
Tax Gap ◽  
Tax Fraud ◽  
Financial Administration

Abstract The aim of this contribution is to quantify the influence of selected methods on elimination of value added tax gap in the Czech Republic within the researched period 2015–2016. To find a possible share of influence of the VAT control statement on tax fraud following priority methods were set: VAT control statement invitation, initiatives from pairing check reports, tax checking and procedures for doubt removal. By quantifying these methods, the values of theoretical benefits are measured and further compared with value added tax gap within the researched period. To set the VAT gap estimation a method was used that calculates via cleaning gross domestic product based on the database of national accounts. By using this approach it was found out that with the influence of selected methods of financial administration there was a tax gap decrease in 2015 by 5.54% and for 2016 by 4.00%.

scholarly journals How to Avoid the Usual Price Rule on the Fuel Market in the Czech Republic

2016 ◽  
Vol 64 (1) ◽  
pp. 351-355
Author(s):  
Pavel Semerád
Keyword(s):  
Czech Republic ◽  
Business Strategy ◽  
Value Added ◽  
Value Added Tax ◽  
Specific Measure ◽  
The Czech Republic ◽  
Price Rule ◽  
Measure Methods ◽  
Free Shipping

The paper deals with value added tax evasions on the fuel market in the Czech Republic. This commodity is used in carousel fraud. In the chains of taxpayers there are missing traders who fail to meet their tax obligations. Their business strategy is based on quick sales at unusually low prices which do not allow honest parties to compete. Tax administrators should focus on unusual prices which constitute a higher probability of tax evasions. This paper aims to verify whether or not there are ways to evade the measure, focusing specifically on applying methods which could help achieve lower sales prices while avoiding the possibility to require unpaid tax from the recipients of taxable supply. The weaknesses thus found are described and demonstrated in more detail in the paper. During a research some ways were found which could be used for avoiding this specific measure. Methods of Cash Back and Free Shipping were identified and described.

scholarly journals   Distribution of the increased tax burden for agricultural products and food  in the Czech Republic

2012 ◽  
Vol 58 (No. 5) ◽  
pp. 239-248
Author(s):  
P. David
Keyword(s):  
Czech Republic ◽  
Value Added ◽  
Major Change ◽  
Food Prices ◽  
Agricultural Products ◽  
Tax Burden ◽  
Value Added Tax ◽  
Agricultural Producers ◽  
The Czech Republic ◽  
Reduced Rate

The article determines the transfer rate of tax burden to the buyers of agricultural products and food consumer in the most recent major change in the reduced rates of value added tax in the Czech Republic in late 2007 and 2008. At the same time, it identifies the size of the portion of the increased tax burden which agricultural producers and sellers of food carry, after the increase in the reduced rate of VAT in the Czech Republic. The possible future changes in this field are considered on the basis of determining the values of the distribution of the increased tax burden. It also includes the determination of the indicator of change in the selling prices of agricultural products and food in the increase of the reduced rate of VAT in the Czech Republic. In 2008, the buyers of agricultural products carried a considerable part of the increased tax burden and food buyers were burdened by significantly more than just b an increased tax burden of the reduced rate of the value added tax. The growth in prices of agricultural products in the given period corresponded to the growth of the tax burden. Food prices doubled compared to the increase in the tax burden. These results should be considered when planning future changes in the field of the rates of VAT in the Czech Republic.  

scholarly journals Impact of permanent sales discounts on value added tax revenues: Case of basic food in the Czech Republic

2021 ◽  
Vol 14 (4) ◽  
pp. 143-156
Author(s):  
Mikhail Krivko ◽  
Lukaš Moravec ◽  
Daniela Šálková ◽  
Luboš Smutka ◽  
Gabriela Kukalová
Keyword(s):  
Czech Republic ◽  
Value Added ◽  
Value Added Tax ◽  
The Czech Republic ◽  
Tax Revenues

scholarly journals Value Added Tax Gap in the Czech Republic

2014 ◽  
Vol 62 (6) ◽  
pp. 1427-1436 ◽  
Author(s):  
Jana Stavjaňová
Keyword(s):  
Czech Republic ◽  
Low Income ◽  
Tax Evasion ◽  
Value Added ◽  
Value Added Tax ◽  
The Czech Republic ◽  
Tax Gap ◽  
Government Deficit ◽  
The Government ◽  
Maastricht Criteria

The paper deals with an estimation of tax evasion of value added tax in the Czech Republic during 2006–2012. For the estimation I have used the concept of tax gap which is based on a comparison of the theoretical tax liability in the economy with the actual tax receipts. According to my results the VAT gap in the Czech Republic gradually increased during the observed period and it is more than CZK 100 billion in the last three years. The most significant growth of VAT gap occurred between the years 2007 and 2008 and between 2011 and 2012 when the reduced VAT rate was increased by 4 percentage points. The second part of the paper focuses on impact of my estimates on tax policy of the Czech Republic. I discuss two different possibilities how the additional revenue gained from VAT gap reduction could be used – either to decrease the government deficit and therefore to meet the Maastricht criteria or to decrease tax burden on labour which influences particularly low income workers.

scholarly journals Analysis of the development of the economic account for agriculture of the Czech Republic

2012 ◽  
Vol 52 (No. 5) ◽  
pp. 205-208
Author(s):  
J. Klíma ◽  
M. Palát Sn
Keyword(s):  
Czech Republic ◽  
Statistical Analysis ◽  
Value Added ◽  
Plant Production ◽  
Reference Period ◽  
The Czech Republic ◽  
Agricultural Industry ◽  
Increasing Trend ◽  
Production Output ◽  
Net Value Added

The paper is focused on assessing the development of the economic account for agriculture of the Czech Republic in the selected reference period 1998–2003. There were evaluated effects of the particular types of the economic accounts. Methods of regression and correlation analysis and development trends were used for the mathematical-statistical analysis. The plant production output similarly as the output of agricultural industry show an increasing tendency since the period under investigation reaching a peak about 2001 and in next years decreasing in difference to the gross value added at basic prices and the net value added at basic prices which shows an increasing trend throughout the period. Both animal output and the agricultural services output show a decreasing trend reaching a minimum about 2002. 

scholarly journals Gst impact on the e-commerce sector: an overview

2017 ◽  
Vol 7 (2) ◽  
pp. 245-249
Author(s):  
VIJAYA KUMAR K ◽  
JABIMOL C. MAITHEEN
Keyword(s):  
Value Added ◽  
Retail Sector ◽  
Tax Rates ◽  
Value Added Tax ◽  
Indian Government ◽  
Tax Base ◽  
Indian Economy ◽  
A Value ◽  
The Government ◽  
Retail Entrepreneurs

The success of the e-commerce sector is largely dependent on the increasingnumber of retail entrepreneurs, who fall in the unorganized retail sector category. Thegovernment has included such players in the ambit of GST with an intention of broadeningthe tax base and has introduced specific provisions for the e-commerce companies. This isone of the major taxation reforms in Indian taxation system.GST is to set to integrate all stateeconomies and increase the overall growth of the country.GST will create unified market andboost the Indian economy. The Goods and Service Tax (GST) is a value added tax to beimplemented in India.. There are 3 kinds of taxes under GST: 1) SGST 2) CGST 3) IGST.The GST tax rates are divided into 5 categories which are 0%, 5%, 12%, 18%, 20%.Implementation of GST is one of the best decision taken by the Indian Government. Thesuccess of the e-commerce sector is largely dependent on the increasing number of retailentrepreneurs, who fall in the unorganized retail sector category. The government hasintroduced such players in the ambit of GST with the intension of broadening the tax baseand has introduced specific provisions for the e-commerce companies. This paper focuses onthe concept of GST and their impact on E-Commerce

scholarly journals A Modern Industrial Policy for the Czech Republic: Optimizing the Structure of Production

Mathematics ◽  
2021 ◽  
Vol 9 (23) ◽  
pp. 3095
Author(s):  
Maria Markaki ◽  
Stelios Papadakis ◽  
Anna Putnová
Keyword(s):  
Czech Republic ◽  
Industrial Policy ◽  
Motor Vehicle ◽  
Value Added ◽  
Electrical Equipment ◽  
Pharmaceutical Products ◽  
Global Market ◽  
Output Analysis ◽  
The Czech Republic ◽  
Restructuring Process

The decreased demand for new vehicles will put pressure on the economy of the Czech Republic, a country deeply integrated into global value chains, as part of global vehicle production. The aim of this research was to define an appropriate industrial policy for the Czech Republic that will ensure that the country maintains its competitive position in the global market. A constrained optimization model was built, based on input–output analysis, to determine the optimal value-added structure and the intersectoral structure of the Czech economy for the country to retain its exporting character. The optimization problem was solved by using a particle swarm optimization algorithm. The results suggest that the optimal industrial policy plan for the country is the structural transformation of production, mainly targeting the development of technologically advanced sectors of manufacturing (such as: chemicals and chemical products; basic pharmaceutical products; computer, electronic, and optical products; electrical equipment; and machinery and equipment). The suggested restructuring process increased the domestic value-added in gross exports as a share of total exports by 6.77%, creating optimal production capabilities for the economy. The Czech Republic appears to have the potential for the implementation of an industrial policy, avoiding the increasingly vulnerable motor-vehicle sector.

scholarly journals Bioeconomy in the National Forest Strategy: A Comparison Study in Germany and the Czech Republic

Forests ◽  
2020 ◽  
Vol 11 (6) ◽  
pp. 608 ◽  
Author(s):  
Ratna Chrismiari Purwestri ◽  
Miroslav Hájek ◽  
Miroslava Šodková ◽  
Mathy Sane ◽  
Jan Kašpar
Keyword(s):  
Czech Republic ◽  
Rural Areas ◽  
Forest Policy ◽  
Forest Biomass ◽  
Value Added ◽  
Adoption Process ◽  
National Forest ◽  
Comparison Study ◽  
The Czech Republic ◽  
European Forest

Background and Objectives: Forest-based bioeconomies have been adopted as the national forest strategies in many European countries. However, in the Czech Republic, the bioeconomy has not been officially included in national policies. The main objective of the paper was to review the current forest policy in the Czech Republic in meeting the purposes of the European forest-based bioeconomy. To better understand the opportunities and shortcomings of the forest strategy and the implementation of a forest-based bioeconomy in the country, a comparison study in the Czech Republic and Germany was also carried out. Methods: A review of the forest strategies was done based on the following research questions: (1) How are the bioeconomy principles and priorities present in the Czech National Forest Programme (NFP) as reflected in the EU Forest Strategy, and how does the Czech forest strategy compare to that in Germany? (2) What is the situation concerning the national wood production and consumption to understand the opportunities and challenges of the bioeconomy implementation in the studied countries? Results: The Czech NFP was approved following the pan-European process for the protection of forests in Europe; therefore, it does not directly reflect the 2012 bioeconomy principles, although most of these approaches have been included in this strategy. Different national measures in two studied countries were revealed to achieve the objectives of the forest bioeconomy. The primary contribution from the Czech forestry to the bioeconomy is sustainable forest-based products. A forest bioeconomy is also targeted at mitigating climate change by providing forest biomass for bioenergy. Conclusions: The Czech Republic is in the midst of the adoption process of the bioeconomy strategy. The main challenges faced by the forest-based sector in the country is to fulfil the demand for sustainable forest biomass and high value-added products. Multisectoral collaboration, business diversification, and education for public consumers are needed to increase the growth and job opportunities of the bioeconomy sector in rural areas.

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