Abstract:

Globalization has increased speed of global economy and importance of cooperation and international relations between countries. Globalization has also significant impact on taxation.  Problematics of taxation is discussed topic, because taxes are one of the most significant revenue of the national budget. As the EU issues new directives, it exerts pressure to implement these directives on EU countries. EU seeks harmonization not only in the field of accounting, but also in the area of ​​ taxation. But the tax system is set by each country separately. The European Commission in the field of taxation seeks to improve the functioning of the single market by removing the obstacles arising from the parallel existence of several national tax systems. In particular, it is trying to fight tax fraud. It is therefore necessary for the country to have a well-established tax system, so it regularly updates it in order to increase the efficiency of tax collection and minimize tax evasion and fraud. The aim of the article is to analyze the evolution of tax revenues within the V4 countries and afterwards to evaluate their state. In this article it is analyzed the structure of direct and indirect taxes in the V4 countries. Although the V4 countries have a lot in common, but the structure of tax revenues is significantly different. VAT is the most significant part of tax revenue in V4 countries and represents above 40 % of tax revenue. However, the proportion of other taxes varies considerably within V4 countries.