According to the World Bank's latest analysis of the shortcomings and achievements of the economies of the Western Balkans, they seem to be learning from the fact that “they are subject to increasing pressures on their external sectors in...
The appropriate level of defense spending depends on the security environment and international circumstances to deter threats and maintain peace. Amidst the risk of a protracted conflict in Ukraine and beyond, it is not surprising to see high levels of...
In a look at the tax treatment for the entire Western Balkans of freelancers, we see that the highest tax rates are found in Albania and Serbia, respectively with 15% and 10% and 20% of their profit after some...
Year-on-year inflation in the OECD as measured by the Consumer Price Index (CPI) remained broadly stable at 5.8% in March 2024, after 5.7% in February (Figures 1 and 2). Headline inflation fell in 19 OECD countries with the largest...
The tax burden is a product of the revenues collected by the central tax administration and the customs administration, from the own revenues of the municipalities, as well as the collections for pension contributions. All revenues together make up the comprehensive...
Municipalities collect their own revenues in two forms: (a) as revenues collected directly by the municipality, as an activity of the municipality, and (b) as revenues collected from the central level (in the following text, indirect revenues) which are transferred...
The distribution of budget revenues must take into consideration the demands of individuals, families and their own businesses, who, in the role of direct and indirect taxpayers, claim equal proportional benefit. According to this request, which comes naturally as a...
Our analysis shows that income inequality is a major contributor to the distribution of household income, but not to the fair distribution of wealth and well-being in Western Balkan countries (WB6). This is observed in the case of possession of assets...
The tax systems in the Western Balkans (BP6) still have the greatest dependence on VAT and taxes on work (tax on income from work and insurance contributions). In the five of BP6 countries (excluding BiH), VAT payments carry a weight of...
This specificity of the weight carried by direct, indirect taxes and social contributions, etc., if we look at it according to the Tax Norms 2022 - 2024 in Statistics, it is observed that: 1. Regarding direct taxes, countries such as Albania...
