Tax evasion and financial deficit in Czech republic

Abstract

Evasion and corruption are complex matters, and the analysis has abstracted from many aspects that may be important in practice. This paper presented brief understanding for total cost of tax Evasion to Czech Republic and it’s reflect on budget deficits. Which the paper found that tax evasion and tax avoidance are important insofar as they affect both the volume and nature of government finances. And the share of tax evasion from total revenue is twice than Czech deficit in almost all last decade.