Labour-Intensive Services and Changes in Value Added Tax Revenue
VAT rates have gradually become an important fiscal policy tool of of EU member states. This paper quantifies the influence on the VAT revenue of the potential transfer of selected labour intensive services from the standard to a reduced VAT rate in the Czech Republic. The data used for the analysis...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Tomas Bata University in Zlín
2016-03-01
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| Series: | Journal of Competitiveness |
| Subjects: | |
| Online Access: | http://www.cjournal.cz/files/207.pdf |
| _version_ | 1818278654925340672 |
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| author | Krzikallova Katerina Strilkova Regina |
| author_facet | Krzikallova Katerina Strilkova Regina |
| author_sort | Krzikallova Katerina |
| collection | DOAJ |
| description | VAT rates have gradually become an important fiscal policy tool of of EU member states. This paper quantifies the influence on the VAT revenue of the potential transfer of selected labour intensive services from the standard to a reduced VAT rate in the Czech Republic. The data used for the analysis were obtained by a questionnaire, as well as through research performed at the General Financial Directorate and the Czech Statistical Office. To analyze the data, a comparison analysis and descriptive statistical methods were used. The change in VAT rate would cause a decrease in VAT revenue up to 1.6 billion CZK per year, but it would also bring positive effects, especially in the business development of the suppliers of labor intensive services. It could also prevent a price increase during the planned introduction of the e-sales system in restaurants. |
| first_indexed | 2024-12-12T23:20:53Z |
| format | Article |
| id | doaj.art-77b64793667f46a3942f7048163285be |
| institution | Directory Open Access Journal |
| issn | 1804-171X 1804-1728 |
| language | English |
| last_indexed | 2024-12-12T23:20:53Z |
| publishDate | 2016-03-01 |
| publisher | Tomas Bata University in Zlín |
| record_format | Article |
| series | Journal of Competitiveness |
| spelling | doaj.art-77b64793667f46a3942f7048163285be2022-12-22T00:08:17ZengTomas Bata University in ZlínJournal of Competitiveness1804-171X1804-17282016-03-018151810.7441/joc.2016.01.01Labour-Intensive Services and Changes in Value Added Tax RevenueKrzikallova Katerina0Strilkova Regina1VSB – Technical University of OstravaVSB – Technical University of OstravaVAT rates have gradually become an important fiscal policy tool of of EU member states. This paper quantifies the influence on the VAT revenue of the potential transfer of selected labour intensive services from the standard to a reduced VAT rate in the Czech Republic. The data used for the analysis were obtained by a questionnaire, as well as through research performed at the General Financial Directorate and the Czech Statistical Office. To analyze the data, a comparison analysis and descriptive statistical methods were used. The change in VAT rate would cause a decrease in VAT revenue up to 1.6 billion CZK per year, but it would also bring positive effects, especially in the business development of the suppliers of labor intensive services. It could also prevent a price increase during the planned introduction of the e-sales system in restaurants.http://www.cjournal.cz/files/207.pdfEuropean Union tax policylabour-intensive servicesvalue added taxvalue added tax ratesvalue added tax revenuesCzech Republic |
| spellingShingle | Krzikallova Katerina Strilkova Regina Labour-Intensive Services and Changes in Value Added Tax Revenue Journal of Competitiveness European Union tax policy labour-intensive services value added tax value added tax rates value added tax revenues Czech Republic |
| title | Labour-Intensive Services and Changes in Value Added Tax Revenue |
| title_full | Labour-Intensive Services and Changes in Value Added Tax Revenue |
| title_fullStr | Labour-Intensive Services and Changes in Value Added Tax Revenue |
| title_full_unstemmed | Labour-Intensive Services and Changes in Value Added Tax Revenue |
| title_short | Labour-Intensive Services and Changes in Value Added Tax Revenue |
| title_sort | labour intensive services and changes in value added tax revenue |
| topic | European Union tax policy labour-intensive services value added tax value added tax rates value added tax revenues Czech Republic |
| url | http://www.cjournal.cz/files/207.pdf |
| work_keys_str_mv | AT krzikallovakaterina labourintensiveservicesandchangesinvalueaddedtaxrevenue AT strilkovaregina labourintensiveservicesandchangesinvalueaddedtaxrevenue |