Comparison Of Tax Systems In The Region Of Visegrad Group

Abstract

The presented paper deals with tax systems among the states of Visegrad group. Taxes are the most important and at the same time the largest item of state budget revenue. Each state must address how to adjust its tax system to meet the needs of its citizens. Some countries are more in favour of a social arrangement, where the state provides a large number of services for its inhabitants and provides them with various forms of support. Other countries tend to be more liberal and thus provide only the minimum necessary public services. The aim of the paper is to analyse, synthesize knowledge and then compare tax systems in selected countries of Visegrad group, including the formulation of proposals streamlining tax systems. The paper is composed of four chapters. The first chapter contains an introduction to the topic and also basic literature review made for this purpose. The content of the second chapter deals with research methods used within the framework of presented paper. For this purpose, we used some simplifications and oriented mainly on the analysis of individual tax payers. Third part is mainly oriented on discussion, analysis and potential impact of these individual taxes on tax payers in these countries. It also contains specific examples of tax calculations to compare its impact between them. The last part contains results of beforementioned comparison as well as some recommendations for analysed tax systems. It also highlights legal limitations resulting from their participation in European union.