Work

The impact of the introduction of electronic records of sales on the reporting of sales in the hospitality industry

Year: 2024

Type: conference-paper

Abstract: In 2015, electronic records of sales were introduced in the Czech Republic. Before this year, there was no control of cash sales. There have been long discussions on this topic, how to prevent the reduction of tax liability in the country. Finally, a law on sales registration was proposed. The main goal of this contribution is to find out what impact the introduction of electronic sales records had on the reporting of sales in the hospitality industry. The results are evaluated using three different statistical tests. All the calculated tests came to the same conclusion. The introduction of electronic records of sales had an impact on the reporting of sales in the hospitality industry. The impact of the introduction of electronic records of sales thus eliminated tax evasion.

Source: Business and management

DOI: 10.3846/bm.2024.1185

Authors: Irena Honková, Michal Kuběnka, Martin Mázlovský

Institution: University of Pardubice

Language: English

Topic: Taxation and Compliance Studies

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Peace, justice, and strong institutions

Open Access status: hybrid

Funder: Univerzita Pardubice