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tax freedom day kosovo

Tax (Fiscal) Freedom Day in 2020 in Kosovo

The Day of Fiscal Freedom arrives in Kosovo in the last days of March 2020. Fiscal Freedom in Kosovo arrives on the 88th day of 2020. This day according to the calculations of the days according to the months of the year falls on

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Tax Treaty between Albania and Saudi Arabia in Force

The income and capital tax treaty between Albania and Saudi Arabia entered into force on 1 December 2019. The treaty, signed 6 February 2019, is the first of its kind between the two countries.

Taxes Covered

The treaty

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tax package 2020

FISCAL PACKAGE 2020 IN ALBANIA - NEWS AND CHANGES

In complementing policies to minimize the informal economy in Albania, improving tax revenue collection, but also in terms of adapting tax legislation in line with latest technological developments, in particular the

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voting turnout

Voting turnout in Western Balkan countries in the last 10 years

Voter turnout as a percentage of the voting-age population in the Western Balkans (WB6) was 54% in the last ten years election[1]. In last ten years, though turnout was lower compared to other recent Albanian elections, it was

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tax figures

Tax figures and budget share of oil industry in Albania

The tax share to GDP from oil and gas extractive industry account in a variable percentage from 1.4% to 1.5%.

The payments of taxes and social contributions to govern budget revenues account in an average of 7.7% of tax and

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oil industry

Oil industry in figures in Albania, 2019

Albania is rated as one of Europe’s richest countries in onshore hydrocarbon reserves, relatively up to 220mn barrels and 5.7bn cubic meters of natural gas. According to Albanian Energy Association (AEA), Albania is estimated to

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tax rates

Tax rates in Albania, Kosovo, Western Balkans

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 WB

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progressive vs flat

Western Balkans: Tax burden in countries which apply progressive taxation and those which apply flat taxation

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

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tax burden 19

TAX BURDEN IN ALBANIA, KOSOVO AND WESTERN BALKANS 2019

Measuring the fiscal burden shows the effect of how good / bad tax policy meets one of the primary goals, increasing revenue while maintaining the equality of taxpayers in the burden they bear. On the other side, the policy

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fiscal freedom

April 8th, 2019 the day of fiscal freedom in Kosovo

Fiscal Freedom in Kosovo arrives on the 98th day of this year, in April 2019, or 5 days after arriving in Albania. This year the celebrations begin two days later than last year.
The Fiscal Freedom celebration goes to Kosovo on

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kosovo finances

Kosovo public finances and economy in 2019 as seen by IMF

Economic activity has continued to grow at a healthy clip, led by domestic demand, which is expected to continue in 2019. Growth is expected at 4 percent in 2018, led by public investment, consumption, and services exports

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priorities

5 reform policy priorities

Middle income countries have made considerable progress over the past decades. And, with sound policies and strong reform efforts, they will meet the challenges of the future. Further efforts are also needed to ensure that the

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