Investigation of the Occurrence of the Shadow Economy and Experience with Electronic Records of Sales

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F25619161%3A_____%2F17%3AN0000001" target="_blank" >RIV/25619161:_____/17:N0000001 - isvavai.cz</a>

Result on the web

<a href="http://www.mic-vis.eu/Conference/BookOfPapers" target="_blank" >http://www.mic-vis.eu/Conference/BookOfPapers</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Investigation of the Occurrence of the Shadow Economy and Experience with Electronic Records of Sales

Original language description

The article focuses on definitions and measurement of the shadow economy. It provides an overview about its size and the most frequent activities in the Czech Republic. The system of ERS was introduced in the Czech Republic in December 2016. Croatia already has a longer experience with this system and according to the Croatian Ministry of Finance, all results show the success of fiscalisation. Both countries introduced the ERC system in the first stage for catering and accommodation services. Secondary data were used for an overview of the shadow economy in the Czech Republic and Croatia. The questionnaire was used to conduct a large research, but only selected results in relation with the topic of ERS are provided for the purpose of this article. In this article, the descriptive analysis and the Spearman correlation was used; all data were processed in SPSS software. The volume of the shadow economy in the Czech Republic is estimated at 15.4% of GDP which is comparable with the EU-28. Approximately two-thirds of the shadow economy is attributed to "under-the-counter" work and one-third to undeclared income. The European average share of shadow economy is estimated at 18.5%. The shadow economy in relative terms is highest in the case of household and production. The hidden economy is also important in the hotel sector, catering, hospitality and construction. According to the absolute size, the hidden economy has the greatest volume in construction, wholesale and retail trade and manufacturing. According to the realised research, the respondents have rather positive opinions about the implementation of ERS in the Czech Republic.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

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OECD FORD branch

50204 - Business and management

Project

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Continuities

V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Publication year

2017

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

Imagining the Mediterranean: Challenges and Perspectives

ISBN

978-953-8101-02-1

ISSN

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e-ISSN

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Number of pages

11

Pages from-to

213-223

Publisher name

Institute of Social Science Ivo Pilar, VERN Group, HAZU, EMAN

Place of publication

Chorvatsko

Event location

Chorvatsko

Event date

Jan 1, 2017

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

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