Eva Kolářová – Tomas Bata University in Zlín, Faculty of Management and Economics, Department of Finance and Accounting,
Mostní 5139, 760 01 Zlín, Czech Republic
Blanka Jarolímová – Tomas Bata University in Zlín, Faculty of Management and Economics, Department of Finance and Accounting,
Mostní 5139, 760 01 Zlín, Czech Republic
DOI: https://doi.org/10.31410/LIMEN.S.P.2019.53
5th International Scientific-Business Conference – LIMEN 2019 – Leadership, Innovation, Management and Economics: Integrated Politics of Research – SELECTED PAPERS, Graz, Austria, December 12, 2019, published by the Association of Economists and Managers of the Balkans, Belgrade; Printed by: SKRIPTA International, Belgrade, ISBN 978-86-80194-27-1, ISSN 2683-6149, DOI: https://doi.org/10.31410/LIMEN.S.P.2019
Abstract
The article deals with the field of personal income tax, namely with tax relief related to
personal income tax. Each country provides different reliefs and the article deals mainly with two
approaches to reliefs – tax relief for taxpayer and child tax relief for working families with children.
An integral part of the article is an analysis of all European Union countries in terms of these reliefs.
However, it is not possible to compare the tax reliefs only based on their value, it is necessary to define
important differences in terms of currency and average wages of countries and finally compare the results
among themselves. The result of the article is a statistical processing of results, which determines
the ranking of countries in terms of average wage and relative savings for an individual.
Keywords
Income tax, Tax payer, Tax relief.
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