The Role of Fiscal Decentralization in Municipal Budgets: Case of the Czech Republic

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F21%3A43919660" target="_blank" >RIV/62156489:43110/21:43919660 - isvavai.cz</a>

Result on the web

<a href="https://doi.org/10.2478/danb-2021-0005" target="_blank" >https://doi.org/10.2478/danb-2021-0005</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.2478/danb-2021-0005" target="_blank" >10.2478/danb-2021-0005</a>

Result language

angličtina

Original language name

The Role of Fiscal Decentralization in Municipal Budgets: Case of the Czech Republic

Original language description

Immovable property tax is one of the key elements of fiscal decentralization in the Czech Republic. It is the only tax that is directed to municipal budgets in the full amount. It is also the only tax the total receipts of which can be influenced by municipalities by means of corrective features. Although the significance of immovable property tax in the process of fiscal decentralization is undeniable, its role in municipal budgets is much discussed. The goal of the article is to evaluate the role of immovable property tax in budgets of Czech municipalities through its impact on the resulting balance of financial management of a particular municipality. The role of immovable property tax is assessed against its importance for the municipal budget. The data concerning financial management of municipalities, the amount of receipts of immovable property tax and the possibilities of utilization of the local coefficient in the year 2019 are analyzed in detail. The results identified by the analysis are compared with the situation in 2012 and it may be stated that although the role of immovable property tax in municipal budgets has decreased if compared with the year 2012, it still represents a significant income of Czech municipalities. At the same time, the current economic situation suggests that the importance of immovable property tax will increase in the years to come.

Czech name

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Czech description

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Type

J_SC - Article in a specialist periodical, which is included in the SCOPUS database

CEP classification

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OECD FORD branch

50206 - Finance

Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2021

Confidentiality

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

Name of the periodical

DANUBE: Law and Economics Review

ISSN

1804-6746

e-ISSN

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Volume of the periodical

12

Issue of the periodical within the volume

1

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

16

Pages from-to

61-76

UT code for WoS article

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EID of the result in the Scopus database

2-s2.0-85105207611