Zdanění tichého vína v ČR

This diploma thesis deals with the taxation of still wine in the Czech Republic. The aim of the thesis is to quantify the fiscal impact of the imposition of a non-zero excise tax rate on still wine on excise and value added tax revenue. The thesis uses an analytical approach to assess the impacts using data collected on consumption, production and price of wine and elasticity of demand under several alternative tax rates. The results show that taxation of still wine has a significant potential to increase tax revenues for public budgets. Tax revenues would increase by between 4.7 and 5.3 billion CZK if the tax rates on still and sparkling wine were aligned. In the last chapter, several recommendations are formulated to remove the advantage of still wine over sparkling wine, while at the same time allowing support for small wine producers who would be more affected by taxation than large producers. Simultaneously, several recommendations for follow-up research are formulated in order to further refine the results of this thesis.