Naslov
Efficiency of VAT in Croatia

Autori
Šimović, Hrvoje ; Deskar-Škrbić, Milan

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Skup
European Entrepreneurship Forum - Year IX: "Efficiency in the Private and the Public Sector"

Mjesto i datum
Prag, Češka Republika, 27.11.2015

Vrsta sudjelovanja
Pozvano predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
C-Efficiency; VAT; Croatia

Sažetak
This paper evaluates the efficiency of the Value Added Tax (VAT) in Croatia. Considering that Croatian tax system is consumption- oriented, VAT is the most important form of taxation. During the economic recession from 2009-2014, Croatia has increased its standard VAT rate twice and now has one of the highest rates in the European Union. Croatia also implemented other tax policy measures in order to stabilize VAT revenues and decrease budget deficit. Important milestone for VAT was the passage of the Cash Payment Fiscalization Act, in order to improve the percentage of charged VAT during cash transactions. Despite the aforementioned measures, VAT efficiency in Croatia did not increase. The analysis on the efficiency of VAT was observed through the implicit tax rate and standard VAT efficiency indicators such as Efficiency Ratio (ER), C- Efficiency Ratio (CER) and VAT Revenue Ratio (VRR).

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA