ROLE OF TAX REGULATIONS IN THE REPUBLIC OF KOSOVO, COUNTRIES OF THE BALKANS AND THE EUROPEAN UNION, IN DETERMINING TAX POLICY

Abstract

Purpose- In this paper the main purpose is the role of tax regulations in the Republic of Kosovo, countries of the Balkans and the European Union, in determinin tax policy.

Methodology- The paper is handeled in two important spaces of tax rated in Republic of Kosovo, while in the second focus are the comparations of som regional coutries of the Europen Unino, there will be secondary data which are from different authors and these are presented in theirs studies. Empirical methods are used in the data of tax policy, than will be used in the comporative methods.

Findings- With the recent reforms, value added tax has been set at two tax rates, 8% and 18%. Balkan states have constantly reformed tax rates, reducing them and redefining the tax base. There are differences in tax rates, corporate income tax and value added tax. In EU member states tax rates are heterogeneous, which is the result of national traditions and a symbol of their sovereignty. In addition to having different rates of Personal Income Tax (PIT), we also have differences in the tax rate of Tax on Income Tax (TIT) and Value Added Tax (VAT). Hungary has the Lowest Rate of Tax (LRT) of 9%, while Malta has the highest of 35%. The Lowest standard VAT rate is in Luxembourg of 17%, tripled (3%, 8% and 14%), the highest in Sweden by 27% (12% and 6%). Conclusion- In tha end of this paper we will conclude that the tax policy norms in the Republic of Kosovo, the Balkan countries and the member states of the Europian Union, is to adapt the position of national economies and to continuously improve and design of the tax systems.

Keywords

• Taxes
• tax rates
• tax policies
• reforms
• comparison of tax policices

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