INPROFORUM 2014

For a Discussion of the Economic Recession: Does the Tax Revenue from Excise Taxes Change During Economic Recession?
Jarmila Rybová

Language: en
Last modified: 2015-04-07

Abstract


The article is focused on the revenue from excises taxes in the Czech Republic and the countries immediately bordering with the Czech Republic. Excise taxes are examined through economic indicators, the share of excises taxes to GDP, the share of excises duties and taxes on the total of tax revenues and revenues from excises taxes in millions of euros. These economic indicators are compared to the indicator of GDP at current prices, expressed in purchasing power standards (PPS) and the compound tax quota. The data source of economic indicators is Eurostat. The European System of Accounts ESA 95 forms the methodological framework. The article contains annual data observed for the period 2000- to 2012.

The aim of this paper is to determine changes in tax revenue from excises taxes in periods of slowing economic growth and how these changes are reflected in the consumption expenditure of households. On the basis of these data it is estimated whether excise duties and taxes fulfil economic generally attributed functions in selected countries. It is not only about the fiscal, allocation and redistribution functions, but also whether these taxes stimulate consumers to engage in particular behaviour in the conditions of economic recession. The results show that excise taxes can be used as controlled or automatic stabilisers in public budgets with other economic instruments. Their incidence can be described as gentle and desirable in years the 2008 to 2009.


Keywords


Excise taxes; tax revenues; taxation quote; consumer; gross domestic product

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