IDEAS home Printed from https://ideas.repec.org/a/prg/jnlefa/v2017y2017i4id197p05-18.html
   My bibliography  Save this article

How Effective is the Registration of Sales?

Author

Listed:
  • Hana Zídková
  • Jana Tepperová

Abstract

The registration of sales is a topical issue of the tax policy and one of the recent measures against the shadow economy and tax evasion introduced in the Czech Republic. After its implementation, first evaluations of the impact on tax revenues are being provided. Within this paper, we discuss the methodology used to provide estimates of the increase in tax revenues based on the national accounts data, estimate the increase in VAT revenues for restaurant services and compare it with previous estimates. We provide three different estimates according to the assumed proportion of VAT non-tax payers based on national accounts data. According to our results, VAT revenues would increase by approx. 2.5 bill. CZK when all restaurants become VAT payers or by approximately 1 bill. CZK if only 8 % of restaurants remain VAT non-payers. If the proportion of VAT non-payers does not change after the registration of sales, the VAT revenues would decrease by 0.45 bill. CZK due to the reduction of the tax rate.

Suggested Citation

  • Hana Zídková & Jana Tepperová, 2017. "How Effective is the Registration of Sales?," European Financial and Accounting Journal, University of Economics, Prague, vol. 2017(4), pages 5-18.
  • Handle: RePEc:prg:jnlefa:v:2017:y:2017:i:4:id:197:p:05-18
    DOI: 10.18267/j.efaj.197
    as

    Download full text from publisher

    File URL: http://efaj.vse.cz/doi/10.18267/j.efaj.197.html
    Download Restriction: free of charge

    File URL: http://efaj.vse.cz/doi/10.18267/j.efaj.197.pdf
    Download Restriction: free of charge

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Richard M. Bird & Jorge Martinez-Vazquez & Benno Torgler, 2014. "Societal Institutions and Tax Effort in Developing Countries," Annals of Economics and Finance, Society for AEF, vol. 15(1), pages 301-351, May.
    2. Hug, Simon & Spörri, Franziska, 2011. "Referendums, trust, and tax evasion," European Journal of Political Economy, Elsevier, vol. 27(1), pages 120-131, March.
    3. Schneider, Friedrich G. & Buehn, Andreas, 2009. "Shadow economies and corruption all over the world: revised estimates for 120 countries," Economics - The Open-Access, Open-Assessment E-Journal, Kiel Institute for the World Economy (IfW), vol. 1, pages 1-53.
    4. Christian Daude & Hamlet Gutierrez & Ángel Melguizo, 2013. "What Drives Tax Morale? A Focus on Emerging Economies," Hacienda Pública Española / Review of Public Economics, IEF, vol. 207(4), pages 9-40, December.
    5. Frey, Bruno S., 2003. "Deterrence and tax morale in the European Union," European Review, Cambridge University Press, vol. 11(3), pages 385-406, July.
    6. Allingham, Michael G. & Sandmo, Agnar, 1972. "Income tax evasion: a theoretical analysis," Journal of Public Economics, Elsevier, vol. 1(3-4), pages 323-338, November.
    7. Richard M. Bird & Jorge Martinez-Vazquez & Benno Torgler, 2014. "Societal Institutions and Tax Effort in Developing Countries," Annals of Economics and Finance, Society for AEF, vol. 15(1), pages 301-351, May.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Registration of sales; Shadow economy; Concealed revenues; Estimates;

    JEL classification:

    • H2 - Public Economics - - Taxation, Subsidies, and Revenue

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prg:jnlefa:v:2017:y:2017:i:4:id:197:p:05-18. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Stanislav Vojir). General contact details of provider: http://edirc.repec.org/data/uevsecz.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.