Legal regulation of value added tax

18. Summary The main objectiveof my thesis is a comparisonbetweenthe value addedtax (thereinafter VAT) legislationin the Czech Republic and the Slovak Republic. In both statesthe new act came into effect afterjoining the EuropeanUnion becauseof the harmonizationprocesson communitarianlaw level. The main reasonfor VAT harmonizationin the EuropeanUnion is to eliminatebarriersto internationaltradein theEuropeanUnion. The tax harmonizationis usedas a tool to reachthe EuropeanUnion goals,for examplesingle market.The tax harmonizationmeansthe process of approximation of national tax systems based on common rules. Council Directive 2006/II2IEEC (thereinafterthe Directive) is a chief representativeof the communitarianlaw regardingtheVAT harmonization. In the Czech Republic and in the Slovak Republic as well, the VAT system has been establishedsince 1993,when the turnovertax was replacedand when it was necessaryto approach Western European economics. Until 1st May 2004 the VAT was controlled according to Act Law Nr. 55811992in the Czech Republic and it has been novelized approximately50 times, and in the Slovak Republic the VAT is conholled accordingto Act Law Nr. 22412004. I mention a lot of judicative decisionsof the Court of Justice of the EuropeanUnion and of the SupremeAdministrative Court of the..