scholarly journals Final Regime of the Value Added Tax in the European Union and the Slovak Republic

2021 ◽  
pp. 29-46
Author(s):  
Peter Rakovský
Keyword(s):  
European Union ◽  
Slovak Republic ◽  
Value Added ◽  
The European Union ◽  
Value Added Tax ◽  
European Union Countries ◽  
Legislative Procedure ◽  
Individual Actions ◽  
The Individual

In this article we introduce and analyse the main legal actions regarding the value added tax final regime legislation and we try to detect the most important measures to fight against tax frauds. The article tries to identify the individual actions that have already entered into force within the European Union countries (the Slovak Republic including) and actions which are in legislative procedure at this moment.

scholarly journals Selected problems of value added tax application in the agricultural sector of the European Union internal market

2008 ◽  
Vol 54 (No. 1) ◽  
pp. 1-11 ◽  
Author(s):  
P. David ◽  
D. Nerudová
Keyword(s):  
European Union ◽  
Agricultural Sector ◽  
Slovak Republic ◽  
Value Added ◽  
Practical Experience ◽  
The European Union ◽  
Value Added Tax ◽  
Tax Neutrality ◽  
Critical Areas ◽  
European Union Member States

Tax harmonization in the European Union has the greatest development in the field of value added taxation, but differences still can be found. Those differences influence not only the farming business. The paper is aimed on five European Union member states – Czech Republic, Poland, Romania, Slovak Republic and Hungary. Based on the European Union regulations in the field of value added tax and the practical experience during its application, it is possible to identify the critical areas and to contribute to its correction and to provide the value added tax neutrality and efficiency on the European Union territory.

ANALYSIS OF THE NATURE OF THE EUROPEAN DIGITAL TAX IN COMPARISON WITH THE CURRENT VAT SYSTEM AND ITS IMPACT ON THE ECONOMY AND MANAGEMENT OF ECONOMIC ENTITIES

2021 ◽  
Vol 2 (4) ◽  
pp. 42-48
Author(s):  
S. V. ZAYTSEV ◽  
Keyword(s):  
European Union ◽  
Civil Society ◽  
European Commission ◽  
Value Added ◽  
The European Union ◽  
Value Added Tax ◽  
Short Term ◽  
Low Level ◽  
Digital Services ◽  
The Many

In March 2018 the European Commission presented a proposal to adopt a digital services tax (DST) on certain types of revenues of multinational digital Companies. The purpose of the digital services tax is to compensate in the short term for the low level of corporate taxation of these companies in the European Union and thus meet the urgent need of civil society for greater tax fairness. DST is presented as an indirect tax on turnover and is often compared to value-added tax (VAT). In this article, the author seeks to highlight the many differences that exist between the harmonized European Union VAT and the new DST. In addition, the author challenges the idea that the DST will actually be an indirect tax and, most importantly, that it will effectively increase tax justice in the European Union.

VALUE ADDED TAX IN THE EUROPEAN UNION

2021 ◽  
Vol 62 (01) ◽  
pp. 186-189
Author(s):  
Nigar Yadulla Shahgaldiyeva ◽  
Keyword(s):  
European Union ◽  
Key Words ◽  
Value Added ◽  
The European Union ◽  
Value Added Tax ◽  
Tax System ◽  
Manufactured Goods ◽  
The Difference

Value-added tax is an indirect tax based on the sale value of goods, production and non-manufactured goods as an object of taxation. According to the mechanism and procedures for the calculation and payment of value added tax, this tax is not directly imposed by a particular person, but applies to consumers in the process of return. In this case, the value added tax is neutral for securities. In addition, value added tax is universal and is characterized by the difference between purchases at each stage of production and turnover. In connection with the calculation of value added tax, the taxpayer's tax liability to the budget consists of the difference between the amount of tax assessed on taxable turnover and the amount of tax to be deducted in accordance with the documents. Key words: European Union, value Added Tax, tax, tax system

I. Customs, Excise Duties and Value Added Tax

1996 ◽  
Vol 45 (3) ◽  
pp. 736-740 ◽  
Author(s):  
Karl Newman ◽  
Michael Michael
Keyword(s):  
European Union ◽  
Value Added ◽  
The European Union ◽  
Value Added Tax ◽  
Excise Duties

The enlargement of the European Union from 1 January 1995 by the accession of Austria, Finland and Sweden inevitably necessitated amendments to much Community legislation.1

The Future of Value Added Tax in the European Union

1996 ◽  
Vol 11 (23) ◽  
pp. 373 ◽  
Author(s):  
Michael Keen ◽  
Stephen Smith ◽  
Richard E. Baldwin ◽  
Vidar Christiansen
Keyword(s):  
European Union ◽  
Value Added ◽  
The European Union ◽  
Value Added Tax ◽  
The Future

EMISSION EFFICIENCY OF EUROPEAN UNION COUNTRIES

2018 ◽  
Vol XX (6) ◽  
pp. 55-60
Author(s):  
Edyta Gajos ◽  
Sylwia Małażewska ◽  
Konrad Prandecki
Keyword(s):  
European Union ◽  
United Kingdom ◽  
Greenhouse Gas Emissions ◽  
Greenhouse Gas ◽  
Value Added ◽  
The European Union ◽  
Gas Emissions ◽  
Emission Efficiency ◽  
European Union Countries ◽  
Emission Volume

The aim of the study was to compare the total greenhouse gas emissions in the European Union countries and their emission efficiency. Emission efficiency was calculated as the ratio of emission volume and value to gross value added generated by the economy of a given country (size of the economy). The necessary statistical data was obtained from Eurostat. It was found that in 2015 most of greenhouse gases were emitted by: Germany, United Kingdom, Poland, France and Italy. At the same time, France and the United Kingdom were characterized by one of the best emission efficiency in the European Union, Germany and Italy obtained average results, while Poland was in the group of countries with the lowest emission efficiency. Therefore, it can be concluded, that the volume of emissions is significantly affected by the size of the economy. Some large emitters have economies based on relatively “clean” technologies and thus their potential to further reduction is not very high. The reverse is true for some low-emission countries, such as Estonia and Bulgaria. This indicates the need for a more comprehensive look at the problem of reducing greenhouse gas emissions.

scholarly journals Multidimensional comparative analysis of the competitive capacity of the European Union countries and geographical regions

2017 ◽  
Vol 8 (4) ◽  
pp. 487-504 ◽  
Author(s):  
Katarzyna Cheba ◽  
Katarzyna Szopik-Depczyńska
Keyword(s):  
European Union ◽  
Comparative Analysis ◽  
International Comparisons ◽  
Value Added ◽  
Basic Question ◽  
The European Union ◽  
Eu Countries ◽  
Geographical Regions ◽  
European Union Countries ◽  
The Eu

Research background: The basic question we ask is whether is it possible to talk in today’s globalizing world about the uniform of the competitiveness of the economies? Posing such questions is particularly important in the case of political and economic structures such as the European Union. The competitiveness of the economies is now one of the most frequently discussed topics. In this work, due to the context of the conducted research (international comparisons of the EU countries’ economies) the competitiveness of international economies will be considered in terms of international competitive capacity. In addition to the problems associated with defining this concept, there are also important dilemmas concerned with the measurement of the competitiveness. In the performed comparative analyses of European economies the research results presented within reports of „Global Competitiveness Index” will be used. Purpose of the article: The main purpose of the paper is to conduct a multidimensional comparative analysis of the competitive capacity of the European Union countries and geo-graphical regions of Europe. Methods: In the paper, to study the spatial differentiation of the EU countries and geograph-ical regions of Europe in the context of their competitive capacity, the taxonomic measure of development based on median vector Weber was used. Findings & Value added: As a result, the classification and the typological groups of EU countries and geographical regions of Europe calculated on the basis of the features describing their competitive capacity arises. The value added of these research is the analysis of competitive capacity conducted not only for EU countries, but also for geographical regions of Europe. In the paper, the verification of criteria using by World Economic Forum to assess the competitive capacity of EU economies was also conducted. In this area of the research, because of high level of correlation, many features from initial database were deleted.

scholarly journals THE FLAWS OF THE SYSTEM OF ACCOUNTING FOR THE VALUE-ADDED TAX LIABILITIES AND RECEIVABLES, AND RECOMMENDATIONS FOR OVERCOMING THEM

2018 ◽  
Vol 28 (5) ◽  
pp. 1613-1618
Author(s):  
Nada Petrusheva ◽  
Darko Iliov
Keyword(s):  
European Union ◽  
Value Added ◽  
The European Union ◽  
Consumption Tax ◽  
Value Added Tax ◽  
Member States ◽  
The Difference ◽  
The Republic ◽  
The Government ◽  
Reduced Rate

Value-added tax (VAT) is a consumption tax, meaning that it is a tax on the purchase of a product or a service. It is a form of taxation that focuses on how much an individual consumes opposed to how much that individual contributes to the economy (income tax).Value-added tax is paid by residents of any country in the European Union. Both consumers and businesses are liable to pay VAT when purchasing products or services. When a manufacturer creates a product, it is liable to pay value-added tax on the components purchased in order to create goods. When the product is sold, the tax burden is transferred onto the buyer, who pays the whole VAT amount, from which the manufacturer pays the government the difference between the whole VAT amount and the VAT amount that has already been paid when the components were purchased. Value-added taxation rates are set by the member states individually. The minimum rate of VAT as directed by the European Union is 15%. There is no maximum limit on value-added taxation. Member states are also at liberty to choose certain products and services to be subject to a reduced rate of VAT or to be exempt altogether. The system of accounting for the VAT liabilities and receivables in the Republic of Macedonia has certain issues which are presented in this paper. This paper also presents recommendations that are aimed towards overcoming these issues.

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