Effect of value added tax rate changes on the price level of foodstuffs

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F18%3A78086" target="_blank" >RIV/60460709:41110/18:78086 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Effect of value added tax rate changes on the price level of foodstuffs
Original language description
The aim of this paper is to determine the effect of value added tax rate changes on the price level of foodstuffs and to analyze the VAT rates of member states of the European Union. Value added tax has a specific effect because the indirect tax is included in the price of goods and services. Foodstuffs are basic goods which are consumed by all consumers, so each VAT rate change related to foodstuffs affects all citizens of each member state. Any VAT rate increase brings a significant impact on the price level of foodstuffs, especially in the month the change is implemented. In general, an increase in the VAT rate has a more significant effect on prices than a decrease. As a result, each increase in the VAT ate can cause effects that can be difficult for a government to correct at a later date through a VAT rate decrease.
Czech name
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Czech description
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Publication year
2018
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of the 23rd International Conference Theoretical and Practical Aspects of Public Finance 2018
ISBN
978-80-245-2283-8
ISSN
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e-ISSN
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Number of pages
9
Pages from-to
110-118
Publisher name
Oeconomia
Place of publication
Prague
Event location
Prague
Event date
Apr 13, 2018
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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