Publication detail

Taxonomy of EU Member States from the View of VAT Imposed on Immovable Property (year 2017)

HALABRINOVÁ, D. BRYCHTA, K.

Original Title

Taxonomy of EU Member States from the View of VAT Imposed on Immovable Property (year 2017)

English Title

Taxonomy of EU Member States from the View of VAT Imposed on Immovable Property (year 2017)

Type

conference paper

Language

en

Original Abstract

The aim of the paper is to identify and systematize selected rules contained in the Council Directive 2006/112/ES on the common system of value added tax relating to taxation of immovable property and subsequently, while using cluster analysis, to divide EU Member States into groups according to VAT tax rates applicable. To identify the relevant legal norms contained in the Council Directive 2006/112/ES the legal regulation as valid and effective as to 01 January 2017 was taken into account. To carry out a classification of the EU Member States, the data published by the European Commission was utilized. For the reasons of cluster analysis, five possible VAT objects were taken into consideration (social housing, renovation and repairing, building land, supplies of new buildings and construction work on new buildings). On the basis of results reached one can observe that there is a relatively high variability in the rules established in legal regulations covering issues connected with immovable property. A presumption as to the utilization of exceptions and discretion given to the Member States can be considered as valid. At the same time the results reached prove that Member States can be divided into several groups that demonstrate high similarity in VAT taxation of immovable property.

English abstract

The aim of the paper is to identify and systematize selected rules contained in the Council Directive 2006/112/ES on the common system of value added tax relating to taxation of immovable property and subsequently, while using cluster analysis, to divide EU Member States into groups according to VAT tax rates applicable. To identify the relevant legal norms contained in the Council Directive 2006/112/ES the legal regulation as valid and effective as to 01 January 2017 was taken into account. To carry out a classification of the EU Member States, the data published by the European Commission was utilized. For the reasons of cluster analysis, five possible VAT objects were taken into consideration (social housing, renovation and repairing, building land, supplies of new buildings and construction work on new buildings). On the basis of results reached one can observe that there is a relatively high variability in the rules established in legal regulations covering issues connected with immovable property. A presumption as to the utilization of exceptions and discretion given to the Member States can be considered as valid. At the same time the results reached prove that Member States can be divided into several groups that demonstrate high similarity in VAT taxation of immovable property.

Keywords

European Union, harmonization, immovable property, tax rate, VAT

Released

15.09.2017

Publisher

Masaryk University

Location

Brno

ISBN

978-80-210-8610-4

Book

European Financial Systems 2017. Proceedings of the 14th International Scientific Conference. Part 1.

Pages from

179

Pages to

186

Pages count

8

Documents

BibTex


@inproceedings{BUT138750,
  author="Dagmar {Kalová} and Karel {Brychta}",
  title="Taxonomy of EU Member States from the View of VAT Imposed on Immovable Property (year 2017)",
  annote="The aim of the paper is to identify and systematize selected rules contained in
the Council Directive 2006/112/ES on the common system of value added tax relating to
taxation of immovable property and subsequently, while using cluster analysis, to divide
EU Member States into groups according to VAT tax rates applicable. To identify the
relevant legal norms contained in the Council Directive 2006/112/ES the legal regulation
as valid and effective as to 01 January 2017 was taken into account. To carry out
a classification of the EU Member States, the data published by the European
Commission was utilized. For the reasons of cluster analysis, five possible VAT objects
were taken into consideration (social housing, renovation and repairing, building land,
supplies of new buildings and construction work on new buildings). On the basis of
results reached one can observe that there is a relatively high variability in the rules
established in legal regulations covering issues connected with immovable property.
A presumption as to the utilization of exceptions and discretion given to the Member
States can be considered as valid. At the same time the results reached prove that
Member States can be divided into several groups that demonstrate high similarity in
VAT taxation of immovable property.",
  address="Masaryk University",
  booktitle="European Financial Systems 2017. Proceedings of the 14th International Scientific Conference. Part 1.",
  chapter="138750",
  howpublished="online",
  institution="Masaryk University",
  year="2017",
  month="september",
  pages="179--186",
  publisher="Masaryk University",
  type="conference paper"
}