Cigarette taxation and consumption in The Czech Republic. Have these factors influenced tax revenue?

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F24%3A10255472" target="_blank" >RIV/61989100:27510/24:10255472 - isvavai.cz</a>

Result on the web

<a href="https://finquarterly.com/current-issue/?number=82&id=661" target="_blank" >https://finquarterly.com/current-issue/?number=82&id=661</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.2478/fiqf-2024-0022" target="_blank" >10.2478/fiqf-2024-0022</a>

Result language

angličtina

Original language name

Cigarette taxation and consumption in The Czech Republic. Have these factors influenced tax revenue?

Original language description

The article evaluates the development of the tax burden on cigarettes in the Czech Republic from 1993 to the end of 2023. Tax burden is represented by effective tax rate. The research results show that the tax burden on these products is still increasing. Not only does the tax burden increase, but so does the price of these products. The regression analysis results show that quantities such as the price of cigarettes, the effective tax rate or the amount of cigarettes consumed are factories that positively influence tax revenue. Since the tax rate or the price of these products constantly increases, the tax revenue is also increasing. It increased almost six- fold over the entire analyzed period. At the same time, it was found that other factors, such as the average wage, also affect the tax revenue. It is necessary to consider that the cigarette consumption has been showing a downward trend in recent years. However, the reason is not only the increasing tax burden and the price of these products but also the transition of consumers to so-called e-cigarettes. A reduction in cigarette consumption may be reflected in the future by reducing healthcare costs, which will create potential reductions in public health insurance payments.

Czech name

—

Czech description

—

Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

—

OECD FORD branch

50206 - Finance

Project

—

Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2024

Confidentiality

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

Name of the periodical

Financial Internet Quarterly

ISSN

2719-3454

e-ISSN

2719-3454

Volume of the periodical

20

Issue of the periodical within the volume

3

Country of publishing house

DE - GERMANY

Number of pages

11

Pages from-to

103-113

UT code for WoS article

001310482100001

EID of the result in the Scopus database

—