Comparing Personal Income Tax Gap in the Czech Republic and Slovakia

Hájek, Jan; Olexová, Cecília

doi:10.18267/j.polek.1341

Cited by 2 publications

(1 citation statement)

References 17 publications

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“…Considering the Hungarian system personal income taxation is generally defined in terms of tax rates and tax brackets [40]. A progressive multifactorial system in terms of allowances was used in the Czech Republic in 2018, and this may be considered the simplest income tax system for the V4 countries [41]. The Slovak income tax system partially uses tools different from the Czech system.…”

Section: Resultsmentioning

confidence: 99%

Comparison of essential indicators related to the personal income tax burden in the EU countries

Ferenczi Vanova,

Krajčírová,

Munk

et al. 2024

Potr. S. J. F. Sci.

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Agriculture performs productive functions and is an essential provider of job opportunities. The labour force is one of the important factors affecting agricultural and food production. In general, the business environment affects, among other things, employers' and employees' personal income tax burden. Increasing the efficiency of business activity is inevitably associated with achieving the lowest possible costs. It can be concluded that labor and other personal costs represent, on average, 30-60% of the costs of the agricultural product. In general, taxation of individuals engaged in agriculture with personal income tax does not differ from taxation of individual's income in other sectors of the national economy. The paper focuses on assessing indicators related to the personal income tax burden in the EU countries for the years 2008-2020 based on the data from the Eurostat Tax Classification presented by descriptive characteristics. Achieved results are compared within the EU Member States and for particular countries with an EU-27 average. The West EU countries implement tax and fiscal policies compared to the East EU countries, which are not subject to significant changes in the tax system and thus ensure relatively stable tax revenues to public budgets regarding total taxes and employment income, including unchanged personal income tax rates. The East EU countries declare a lower tax burden of personal income tax. Still, due to the competitiveness of the countries, this burden is also being gradually reduced in the reviewed period in the case of the West EU countries, thus bringing closer unification of the tax policies. Slovakia achieved below-average values of all assessed indicators and at the same time high variability.

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Section: Resultsmentioning

confidence: 99%

Comparison of essential indicators related to the personal income tax burden in the EU countries

Ferenczi Vanova,

Krajčírová,

Munk

et al. 2024

Potr. S. J. F. Sci.

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Modern vectors of development of the country’s tax system: International experience

Tynaliev,

Dzhumabekov,

Adamkulova

et al. 2024

Scientific Bulletin of Mukachevo State University Series “Economics”

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In the modern world, the development and improvement of tax systems is an important area of economic policy in many countries. The study of international experience in this field allows identifying the most effective strategies and vectors of development of the tax system to ensure sustainable economic growth and compliance with modern requirements of the tax system. This study is aimed at determining the vectors of development of the countries’ tax systems and developing recommendations for the implementation of international experience in Kyrgyzstan. By analysing the data of the International Tax Competitiveness Index for the countries of the Organisation for Economic Cooperation and Development, the most effective tax regimes were identified. Using statistical methods such as the Wilcoxon T-test, the countries with the best tax system were identified. Then the key vectors influencing the effectiveness of tax systems were systematised, including digitalisation of tax administration, transparency of legislation, incentives for investors, etc. The study also analysed the features of the tax system of Kyrgyzstan and developed recommendations for the implementation of international experience in its tax system, such as: the introduction of low and competitive tax rates, ensuring simplicity and predictability of the tax system, the introduction of simplified administrative procedures, flexibility and adaptation to changes, a broad tax base, digitalisation of tax administration, the fight against tax evasion, increasing tax transparency, reducing the tax burden and stimulating investment, social justice, and progressive taxation. The recommendations resulting from this study suggest concrete steps to improve the efficiency of tax systems, which can help attract investment, stimulate economic growth, and ensure social justice

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Comparing Personal Income Tax Gap in the Czech Republic and Slovakia

Cited by 2 publications

References 17 publications

Comparison of essential indicators related to the personal income tax burden in the EU countries

Comparison of essential indicators related to the personal income tax burden in the EU countries

Modern vectors of development of the country’s tax system: International experience

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