Albania has a supportive Foreign Direct Investments (FDI) legal framework, Free Trade Agreements with major regional markets and beyond, a competitive and young labor force, favorable tax and customs regime, fast improving business climate, increasing FDI rates and overall growing...
The goal of the tax system is to get all people to think of themselves as taxpayers. They know that as we think we are taxpayers, so shall we become. People who believe that they are taxpayers have, in fact,...
What would make you leave the country for good? Better weather, a more relaxed lifestyle or even, perhaps, lower tax rates? Many of the Britons who emigrate there were 140,000 last year believe that HM Revenue & Customs helps itself to...
The enormous conference and meeting around the world in these latest years have looked at a broad range of tax issues that impact microenterprises and SMEs. The way in which the tax system affects SMEs and the compliance issues they create...
In 2015 the head of a family working full time at the basic minimum of $1.10 per hour would have earned $2,255 or 18% percent less than the basic living standard (non-official one) for a nonfarm family of four. However, Albanian...
In countries with economies in transition, inequality has typically increased. In Central and Eastern Europe, inequality has grown at a gradual and steady rate on average, whereas in the South East Europe inequality initially increased sharply, peaked in the last decade and,...
The key problem is to balance the objective of applying taxation to the non-governmental organizations (NGO) sector as a source of revenue with the prevention of distortions that arise under the exemption system. Revenue-short countries should in principle apply VAT...
What costs and benefits are there to redistributing income? Why do we have income in the first place? The second question is easy. We have income to provide an incentive for productive (mutually beneficial) exchanges within the economy. People gain purchasing power through...
Real estate is tangible. It consists of land, land improvements, buildings, and building improvements. It is highly durable, so its services may be consumed over a long period. In contrast, real property represents the individual legal rights associated with ownership of the tangible real...
Companies may avoid tax by charging excessive financing costs. CIT is most likely to be at risk, because finance costs are generally deductible, whereas equity financing costs are not. Some countries may negotiate generous interest deduction rules as a deliberate...
