Impact of permanent sales discounts on value added tax revenues: Case of basic food in the Czech Republic

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

Impact of permanent sales discounts on value added tax revenues: Case of basic food in the Czech Republic

Popis výsledku v původním jazyce

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

Název v anglickém jazyce

Impact of permanent sales discounts on value added tax revenues: Case of basic food in the Czech Republic

Popis výsledku anglicky

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

Druh

J_SC - Článek v periodiku v databázi SCOPUS

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2021

Kód důvěrnosti údajů

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

Název periodika

Journal of International Studies

ISSN

2071-8330

e-ISSN

2071-8330

Svazek periodika

14

Číslo periodika v rámci svazku

4

Stát vydavatele periodika

PL - Polská republika

Počet stran výsledku

14

Strana od-do

143-156

Kód UT WoS článku

—

EID výsledku v databázi Scopus

2-s2.0-85123541866