IDEAS home Printed from https://ideas.repec.org/a/eur/ejmejr/32.html
   My bibliography  Save this article

Development of Value Added Tax in Kosovo – Comparative and Research Aspects 2006-2017

Author

Listed:
  • Azem Duraku

    (PhD Cand. Departament of Finance, Faculty of Economy, University of Tirana, Albania)

Abstract

This paper aims to present the progress and effects that Value Added Tax (VAT) may have on a country's economy. The efficient fiscal policies would enable a country to develop more rapidly, however it will all depend on the situation, economic state, and the power that the Republic of Kosovo has. VAT is a tax on consumption, and if seen from the buyer's point of view, it is a tax on the purchase price; while from the seller's point of view, it is a tax on the added value of the product or service. VAT revenues comprise the main part of Kosovo's budget financing, where comparative data from 2006 to 2017 are given in this paper, showing the extent of VAT participation in the total revenues of the state of Kosovo. Due to this, the tax system including the VAT, which was established by advancing in harmony with the EU directives and regulations, but maintaining the specific features of the state of Kosovo, has recently changed. Owing to legal changes, among others, the Government of Kosovo raised the VAT tax rate from 16% to 18% in most products, while reduced the VAT from 16% to 8% mainly on basic food products, medications. The state of affairs between the states is relatively different, being influenced by many factors, making it impossible to present consistent scale-level comparisons between them.

Suggested Citation

  • Azem Duraku, 2021. "Development of Value Added Tax in Kosovo – Comparative and Research Aspects 2006-2017," European Journal of Marketing and Economics Articles, Revistia Research and Publishing, vol. 1.
    • Handle: RePEc:eur:ejmejr:32
    DOI: 10.26417/ejme.v1i3.p102-109
    as

    Download full text from publisher

    File URL: https://revistia.com/index.php/ejme/article/view/1205
    Download Restriction: no
    File URL: https://revistia.com/files/articles/ejme_v1_i3_18/Duraku.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.26417/ejme.v1i3.p102-109?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eur:ejmejr:32. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Revistia Research and Publishing (email available below). General contact details of provider: https://revistia.com/index.php/ejme .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.