There are many reasons for the intensified focus on energy taxes. Some are purely political. To many policy makers, certain types of energy taxes seem more acceptable to the voting public than typical tax increases, such as increments to personal...
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...
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...
Each individual, who is a partner in a commercial company, is responsible for the company's tax liabilities to the tax administration, according to provisions in the company charter. According to commercial registry, over 98 percent of companies are limited liability...
In some ways, classical central planning was an effective and esthetically attractive social instrument that fascinated many western social scientists. Unfortunately, by limiting individual liberties and by killing individual incentives, it carried an enormous cost in terms of economic efficiency and political...
On January 30, 2015, The Ministry of Finance of Albania published the Instruction on new VAT Law applicable from January 01, 2015. The new law and its instructions aim at harmonizing Albania’ domestic law with the European VAT rules incorporated...
Based on the biggest reforms, right now for Albania need to be focused on in two directions/pillars: - The territorially and administrative reform, which regulates the local power with more authority and more budget, centralized in bigger local municipalities. - The anti-evasion...
