Work detail

Value Added Tax in the Czech Republic, EU comparison

Author: Mgr. Radka Pelikánová
Year: 2012 - winter
Leaders: Ing. Irena Kemény
Consultants:
Work type: Finance, Financial Markets and Banking
Masters
Language: Czech
Pages: 92
Awards and prizes:
Link:
Abstract: This diploma thesis focuses on value added tax which is an important part of the tax systems of many
countries around the world. In the countries of European Union is this tax compulsory. The main target
of this work is to describe the origin of value added tax, the principle of its functioning and its
legislation not only in the Czech Republic but also in the European Union. Furthermore, this thesis
focuses on the harmonization of value added tax in the European Union, its development and differences
in the use of value added tax between the Member States. Finally, this work deals with tax fraud, which
threaten the value added tax in particular so-called Carousel Fraud. It describes the factors that enable
the creation of tax fraud and tries to answer the question whether the reverse charge mechanism could
eliminate the tax fraud. It also makes efforts to find appropriate solutions to the problem of tax fraud.

Partners

Deloitte

Sponsors

CRIF
McKinsey
Patria Finance