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| September 27, 2018

The Czech Republic is steadily getting better at VAT collection

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The Czech Republic has seen a significant progress in the fight against tax evasions in recent years and thus has also gotten better at collecting VAT.  This has been confirmed by the latest study of the European Commission, where the gap between the expected and actual collection of VAT shrunk by 10 billion CZK to 58,5 billion CZK in 2016, that is from 17% to 14%. The average in the European Union for the year 2016 was 12,3%. In comparison to our neighbouring states, the Czech Republic is faring much better, e.g. in Poland the gap in 2016 was 21% and in Slovakia 26%. The best results are shown by Luxembourg, Switzerland and Croatia whose gaps are only 1%.

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