Impact of permanent sales discounts on value added tax revenues: Case of basic food in the Czech Republic
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F21%3A89215" target="_blank" >RIV/60460709:41110/21:89215 - isvavai.cz</a>
Result on the web
<a href="https://www.jois.eu/?732,en_impact-of-permanent-sales-discounts-on-value-added-tax-revenues-case-of-basic-food-in-the-czech-republic" target="_blank" >https://www.jois.eu/?732,en_impact-of-permanent-sales-discounts-on-value-added-tax-revenues-case-of-basic-food-in-the-czech-republic</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.14254/2071-8330.2021/14-4/10" target="_blank" >10.14254/2071-8330.2021/14-4/10</a>
Alternative languages
Result language
angličtina
Original language name
Impact of permanent sales discounts on value added tax revenues: Case of basic food in the Czech Republic
Original language description
The study examines frequent price discounts in retail chains in the Czech Republic for a selected range of products (milk, eggs and poultry). Combined with sub-purchase or sub-cost prices, such frequent promotional activities might lead to a decrease in the tax base for VAT payments to the state budget and to a potential loss of VAT. The study introduces an original methodology for estimation of the potential loss of VAT for the state budget due to the use of sub-purchase and sub-cost prices within frequent price discounts (promotional sales). The proposed methodology is used to estimate the VAT loss for milk, eggs and poultry in the Czech Republic in different ways. Most of the results suggest that the loss of VAT revenue for the budget is dependent on the share of promotional sales in the total production of the goods in question. The presence of frequent price discounts might lead to a loss in VAT revenues of up to EUR 74 million in the case of milk, EUR 9,2 million in the case of eggs and EUR 4,6
Czech name
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Czech description
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Classification
Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Journal of International Studies
ISSN
2071-8330
e-ISSN
2071-8330
Volume of the periodical
14
Issue of the periodical within the volume
4
Country of publishing house
PL - POLAND
Number of pages
14
Pages from-to
143-156
UT code for WoS article
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EID of the result in the Scopus database
2-s2.0-85123541866