Albania has significant potential to increase oil investment and production. The obstacles to investment are not in the legal or contractual framework, but in the regulatory and institutional credibility. Albania is one of the countries in the world in which...
The distinguishing features of excise taxation are selectivity in coverage, discrimination in intent, and often some form of quantitative measurement in determining the tax liability. Specific taxes on goods and services, referred to as excise taxes, are among the oldest...
Some of the most popular countries that offer the financial benefit of having no income tax are Bermuda, Monaco, the Bahamas, Andorra and the United Arab Emirates (UAE). There are a number of countries without the burden of income...
Budget deficits, as well as surpluses can be part of our everyday financial life, together with their effects. But, the impact they reflect to economic environment is the most important effect for the future. Business investment spending on physical capital such...
One of the main ways to detect fraudulent activities of a subcontractor, is (besides the site observations or visits) the practice of analyzing data (digital and on paper) in the possession of the tax administration. There exists a wide variety of...
Montenegro’s tax regime has become one of the most competitive in whole of Europe. In an attempt to increase the efficiency of the national economic system as a reaction to the global economic crisis, Montenegro's government has adopted a whole...
Summary of business of corporation and foreign-related person German corporation S is a distributor of product A in Albania. Corporation P in Netherlands, which is company S’s parent company, manufactures and distributes product A in Netherlands. (more…)
Summary of business of corporation and foreign-related person China corporation P is a manufacturer and distributor of product A, and 10 years previously it established company S in Albania as a subsidiary to supply raw material for product A. Summary of foreign-related transaction Company S sells...
Summary of business of corporation and foreign-related person Italian corporation P is a distributor of product A and product B, and 10 years previously it established corporation S in Albania as a subsidiary to distribute product A. (more…)
