Value added tax rates applied to labour-intensive services and impact of their changes on the VAT revenue

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F15%3A86093534" target="_blank" >RIV/61989100:27510/15:86093534 - isvavai.cz</a>

Result on the web

<a href="http://ufu.utb.cz/konference/sbornik2015.pdf" target="_blank" >http://ufu.utb.cz/konference/sbornik2015.pdf</a>

DOI - Digital Object Identifier

—

Result language

angličtina

Original language name

Value added tax rates applied to labour-intensive services and impact of their changes on the VAT revenue

Original language description

VAT rates changes, especially an application of reduced rates to labour-intensive services (restaurant and catering services, hairdressing services, minor repairing of shoes and leather goods and minor repairing of bicycles) in the European Union and the Czech Republic is a long term discussed topic. The aim of the paper is quantification of an assumed impact of potential transfer of selected services from the standard to the reduced VAT rate on the VAT revenue in conditions of Moravian-Silesian Region of the Czech Republic. The data for the analysis were obtained by the questionnaire research that was carried out among suppliers of these services, the General Financial Directorate and the Czech Statistical Office. While processing the paper there were used mainly the methods of comparison analysis and descriptive statistical methods. On the one hand, it was found by the analysis that this possible legislative change would lead to the drop of the VAT revenue up to 85 million CZK per a year, depending on the category of the services. On the other hand, it would bring positive aspects, especially an increasing of investment in business development by suppliers of those services. Last but not least, it could prevent price increasing during the planned introduction of the cash transactions fiscalization in the restaurants.

Czech name

—

Czech description

—

Type

D - Article in proceedings

CEP classification

—

OECD FORD branch

50202 - Applied Economics, Econometrics

Project

—

Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2015

Confidentiality

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

Article name in the collection

Finance and Performance of Firms in Science, Education and Practice : proceedings of the 7th International Scientific Conference : April 23-24, 2015, Zlín, Czech Republic

ISBN

978-80-7454-482-8

ISSN

—

e-ISSN

neuvedeno

Number of pages

16

Pages from-to

779-794

Publisher name

Tomas Bata University in Zlín

Place of publication

Zlín

Event location

Zlín

Event date

Apr 23, 2015

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

000374107300061