The impact of tax incentives and changes in VAT rates on economic development and social stability
Journal Title: Acta Economica - Year 2014, Vol 12, Issue 21
Abstract
Value added tax, as a general consumption tax, significantly influences the formation of price policy as well as economic competitiveness and economic development of country. This is especially evident in the changes in tax rates. The reason for this is the fact that, due to the existence of several types of tax rates, certain goods and services are taxed differently, and thus categorized differently. This categorization, ie. distribution of goods on luxury goods and goods of the wider public interest, has a direct impact on their consumption, as well as on their competitiveness, especially when it comes to the competitiveness of the same products in the markets of different countries. This paper will provide an analysis of the impact of tax rates (i.e. changes in their height) on these categories in the Republic of Serbia. In addition, we will point out certain social aspects of prices, since the level of these costs has influence on the level of real wages.
Authors and Affiliations
Драган Јањић
Keywords
Related Articles
- EP ID EP43799
- DOI https://doi.org/10.7251/ACE1421123S
- Views 285
- Downloads 0
A Sustainable Growth Rate Analysis of Non-Financial Companies Listed on the Banja Luka Stock Exchange
In this research project and paper, we propose to assess the sustainable growth rates of non-financial companies listed on the Banja Luka Stock Exchange. A company’s sustainable growth rate is the maximum rate its sales...
Analysis of possibilities for use of the integrated costs management in large production companies in Bosnia and Herzegovina
Integrated costs management through the value chain represents a comprehensive approach which observes the activities of purchasing, production and distribution as a single, undividable whole. This opens a wide range of...
Human Capital, Entrepreneurship and Rural Growth of the Serbian Economy
In the new economy, based on knowledge and innovation, the concept of human capital is becoming an increasingly important factor of growth (and development) not only for urban, but also for rural areas. The studies deali...
Insurance against professional liability in function of protection of the interests and stability of the company business and the managers
On the markets of developed countries, insurance against general and professional liability presents the foundation in protection of stability of the company business. There are various lines of these products which as t...
IMPACT OF THE NATIONAL ECONOMY ON FINANCING THE HEALTH SYSTEM OF THE REPUBLIC OF SRPSKA
Health is the first priority of every individual, and therefore of each community. Or at least it should be. The unobstructed functioning of the healthcare system is crucial for every society. The disturbance of its func...