Impact of value added tax on management and performance of enterprises in Serbia

Škola Biznisa

Saković Dušan¹ 

[1] n/a;

关键词: value added tax;    liquidity;    collecting receivables;    enterprise performance;    planning and control of cash flow;   

DOI  :  10.5937/skolbiz1202068S

来源: DOAJ

【 摘 要 】

The aim of this paper is to show that in the recession economic conditions, and current business environment in Serbia can be regarded as that, due to the impact of the global economic crisis, market, social, political and other factors, Value Added Tax is not neutral on the business results of the company. Namely, because of lower economic activity and lower GDP, companies on the market have problems with collecting receivables. Therefore their liquidity position is deteriorated. In this situation, collecting VAT, not VAT itself, even more contributes to the current problems. So the way in which the VAT is collected by the tax authorities indirectly affects companies cash flow, operational management and overall performance of the company. Also, the aim of the study is to present the managerial tactics by which these negative effects can be overcome or at least reduced. These tactics largely rely on the detailed planning and enhanced control of cash flow.

【 授权许可】

Unknown