Publication details
VAT Control Statement – problematic aspects
| Authors | |
|---|---|
| Year of publication | 2016 |
| Type | Article in Proceedings |
| Conference | Proceedings of the 21th International Conference Theoretical and Practical Aspects of Public Finance 2016 |
| MU Faculty or unit | |
| Citation | |
| Doi | http://dx.doi.org/10.18267/pr.2016.sed.2155.8 |
| Field | Law sciences |
| Keywords | Czech Republic; Tax evasion; VAT Control Statement |
| Description | The paper covers the issue of control statements. Entering into force on 1 January 2016, this new measure requires VAT payers to send tax authorities control statements simultaneously with the value added tax return. The authors focused on the problematic aspects that relate to the production and submission of control statements. This particularly involved the issue of the strangling effect of sanctions stipulated by the Act and that of unreliable payers in the business chain. Both of the observed traits can be seen to have a negative impact on honest tax entities that will incur additional administrative and financial costs in connection with the control statement. |