Comparison of the Development of the Volume of Financial Funds from Shared Tax Revenues in the Capital City of Prague and the Central Bohemian Region, Including All Its Municipalities, in the Years 2014-2022

The work examines a total of five revenue budget items, specifically numbers 1111, 1112, 1113, 1121, and 1211. The comparison reveals that during the observed years 2014–2022, the capital city of Prague received a higher amount of financial resources from the revenue of shared taxes in each year than the Central Bohemian Region and its municipalities combined. Over the eight years in total, this amount of financial resources for the capital city of Prague was 101,44 % (248 272 429,75 thousand CZK) higher than that for the Central Bohemian Region. The most significant contributor to the overall growth in the amount of financial resources from the revenue of shared taxes during the observed period was item number 1211, revenue from VAT, both for all municipalities and for both regions (ranging from 49,81 % to 51,79 %). Conversely, item 1112, revenue from personal income tax paid by taxpayers, was a marginal contributor to growth, also for all municipalities and regions (ranging from 0,65 % to 1,75 %). Furthermore, it is found that in each observed year, the revenues from shared taxes constituted a higher proportion of the total revenues of the capital city of Prague than of the Central Bohemian Region and all its municipalities combined, by an average of 19,48 %. The comparison also shows that the per capita amount of financial resources from the revenue of shared taxes was higher for the capital city of Prague compared to the Central Bohemian Region, by an average of 23 342 CZK. An examination of the influences and causes of the growth in the amount of financial resources from the revenue of shared taxes in individual years further shows that these increases were significantly influenced by legislative changes.