Most European countries have a tax that arises when the estate of a deceased person is transferred to his/her heirs. The amount of tax to be paid heavily depends on the affiliation to different heir-categories. European countries generally levy the highest inheritance taxes of...
Those who grew up in the former Yugoslavia remember a time when they lived well and could travel freely abroad. Nowadays many more people feel poor than are picked up by standard income-based measures. Poverty measurement based on official poverty lines...
The high level of income inequality in the United States is at the forefront of policy attention. This analyse focuses on one potential policy response: an increase in the top personal income tax rate. We conduct a simulation analysis using the...
There is very considerable discussion nowadays about the increasingly conspicuous discrepancy between the incomes of wealthier Americans and the incomes of those Americans who are less wealthy. President Barack Obama has declared that income inequality is the greatest political challenge of...
The creation of special large taxpayer offices responsible for the administration of the more than 800 major taxpayers has shown the focus of tax administration reform on maximizing revenue collection. By contrast, attention given to small businesses in practice is very limited,...
Venture capital[1] is an essential source of finance for companies and benefits in particular innovative start-up SMEs that may face difficulty in accessing traditional bank lending or finance through stock exchanges. Â VC is capital co-invested with the entrepreneur in...
The redistributive consequences of economic adjustment following the near recession of 2011- 2013 in Albania have been lately at the center of policy discussions. Social discontent has been brewing even in economies with a positive track record of sustained growth and reductions...
Individual Income Tax Declaration Annual Declarations of Individual Income Taxes. Tax calculation of withholding taxes on income derived from renting, individual creative work as well as from other sources of income. Declaration of national and local taxes and fees Assistance in calculating and declaring local...
A Accelerated Depreciation Various methods of depreciation that yield larger deductions in the earlier years of the life of an asset than does the straight-line method. The double (or 200 percent) declining balance method is an example of an accelerated depreciation method. Accident...
Over the past couple of weeks there has been a lot discussion about the value-added tax among those in the media and in certain policy circles. The conversation began because Senator Ted Cruz introduced a tax reform plan that would...
