"Tax Systems in the Western Balkans, 2023" (in Albanian) is a paper based on the examination of the tax legislation in the practice of 2022 and compared with the report of previous years with the same theme of fiscal policies. This...
The sharp tightening of monetary policy has often caused financial stress or even crises, especially in developed economies, but also in developing countries. Because of higher credit and currency risks, global investors have typically pulled out quickly when interest rates...
Inflation can affect public finances through multiple channels. It tends to expand tax bases in nominal terms, increasing nominal tax revenues, but it can also increase the cost of government spending, more directly for budget items that are automatically indexed...
According to Report about Tax Burden 2022 from ALTAX, in 2022, on average in the Western Balkans region, governments generated revenues to the extent of 34.8% of GDP. This represents a percentage like the level raised in OECD countries...
According to Report TB 2023, The tax burden is the product of the revenues collected by the central tax administration and the customs administration, from the revenues from the local government, as well as the receipts for social and health...
The Western Balkans is at an important crossroads in its development trajectory. Over the past decades, the Balkan states have made impressive progress in increasing the well-being of their citizens. With the increase in gross domestic product per capita and...
Tax Freedom Day represents the taxpayers of a country facing their burden from the fiscal administration for the collection of fiscal obligations for the budget. This day is the indicative date to know on which day of the year the burden...
In the second meeting in Elbasan on April 5, 2023, following the tour that started with Berat two days ago, ALTAX experts were already conscious in presenting the findings of the Report in front of an even more demanding...
In a statistical calculation of the trend of the per capita income ratio in the last 20 years (2002-2022) it is seen that there is an increase of 3.73 times more. This increase is an indicator of economic development, but...
Jurisdictions under increased monitoring[1] are actively working with the FATF to address strategic deficiencies in their regimes to counter money laundering, terrorist financing, and proliferation financing. Since February 2020, when Albania made a high-level political commitment to work with...
