FDI hosts in the Western Balkans have applied for the last 10 years low rates of profit tax (Corporate income tax, C.I.T.) and besides Albania, they apply the flat tax model, with a view to keeping the tax mechanism simple....
The redistribution of budget revenues reflects the level of taxes for the expenditure on money transfers to the working age population and not just. It also aims at achieving personal income tax revenue progressively through revenue levels and the orientation...
The International Monetary Fund (IMF) in spring projections estimates that economic growth in Albania should achieve to 3.7 percent this year (2019) from 4.2 percent in 2018. But, by the Ministry of Finance and Economy (MoFE), the economic growth projection, based...
Most of the Double Taxation Treaties on Income and Capital Income Tax (DTT) are largely based on (a) the Model of the Revenue and Capital Income Tax Model (OECD Model) and (b) The Model of the Double Taxation Convention between...
In 2018, the Western Balkans are characterized by fiscal policies that are focused on the stability of the tax rate, the slight decrease in the rate of social contributions, and its rise to VAT in the case of Montenegro. The...
Although the growth of the fiscal burden seems to be the easiest way to narrow the budget deficit, this is not true every time. The main argument is that the fiscal burden is planned to increase/decrease at the same...
Fiscal revenues collected by countries applying progressive taxation (Albania and Croatia) compared to the countries applying flat taxation (Kosovo, North Macedonia, Montenegro, Serbia, Bosnia and Herzegovina) are seen to have a higher burden with 2% of GDP. The tax model for...
