Anaysis of Electronic Revenue Registry System in the Czech Republic and Selected EU Countries

The theme of my Bachelor thesis is the Electronic Revenue Registry (ERR), which is defined as a way of the government’s control over revenues through electronic devices which either save information about each transaction or send the information to the tax administration server. The main objective of my thesis is to assess effectiveness of ERR in the Czech Republic, Croatia and the Slovak Republic. Other objectives are to describe majors principles of ERR, describe and compare ERR models in the countries mentioned above and analyze the impact of ERR on Value Added Tax (VAT) and corporate income tax. The first part of my thesis will be devoted to the concept of grey economy, the second part will outline ways of circumventing ERR and the third will be devoted to the description of ERR in the Czech Republic, Croatia and Slovak Republic. Information for this part were primarily obtained from the ERR laws in individual countries. In the analytical part, a regression analysis of the impact of EET on VAT revenues and DPPO in the Czech Republic and Slovakia will be made. I gathered data primarily from tax statistics and selected countries from the Eurostat database. The regression analysis proved the impact of the ERR on tax revenues only in Slovakia, namely on-line registry on VAT and DPPO and off-line registry on VAT only, and the impact was always positive. Unfortunately, I was not able to prove the impact of ERR on tax revenues in the Czech Republic due to the short time for ERR is introduced in our country.