Over the two decades, VAT has arrived in Albania. The principal reasons for arrival of this form of taxation were, first, the early adoption of this form of taxation in the European Union (EU) and, second, the key role played...
Tax systems have become increasingly complex in last decade. There is no such thing as a single tax. There are individual income taxes, corporate income taxes, indirect taxes, national taxes, local taxes. There are a variety of indirect taxes, such as the...
Of course, how and from whom tax is raised matters, not just how much. It is clear that a broad-based but low tax rate system is effective in resource terms. It is also clear that a fair and transparent system...
Tax analysis and forecasting of revenues are of critical importance to governments in ensuring stability in tax and expenditure policies. To augment timely and effective analysis of the revenue aspects of the fiscal policy, government has increasingly turned the attention...
False and fictitious invoices can be obtained in a number of ways. Nowadays it is very easy to produce invoices that appear genuine with new generation printers and personal computers. Invoices can be purchased on the Internet. Companies that want...
Among the other influential economic indicators that can rattle financial markets are consumer prices, industrial production, retail sales, and new home construction. It is precisely because these indicators can so easily sway the value of investments that the government takes...
The Stock Exchanges (SE) in small countries of the Balkan region are not operating successfully. The comment is only for the countries where the SE is open, because Albania does not have yet the own SE. What’s wrong with them?
Yes! But the effect is ambiguous. Income inequality can either propel growth by offering incentives to people to be more productive or impair it by reducing demand and worsening health and education for the poorer, among other reasons. (more…)
Historically goods were physical, the production, distribution and consumption of these goods was easily taxable. Physical goods were produced at a manufacturing plant, shipped off to wholesalers and boxed on retailers’ shelves, with the final consumer walking away with a...
In latest decade tourism has become a primary economic activity of many countries in Mediterranean Sea region. If the economic benefits of tourism are clear (more added value and employment, for example), the various costs derived from it are also evident...
