Open AccessValue Added Tax Efficiency in the Western Balkan Countries
Publication year - 2021
Publication title -
godišnik na unss/godišnik na unss
Language(s) - English
Resource type - Journals
eISSN - 2534-8949
pISSN - 1312-5486
DOI - 10.37075/yb.2021.1.10
Subject(s) - value added tax , revenue , economics , value (mathematics) , tax revenue , consumption (sociology) , tax reform , indirect tax , ad valorem tax , international economics , public economics , economic policy , business , economy , accounting , computer science , social science , machine learning , sociology
An important feature of the tax systems of the Western Balkan countries is the large share of consumption taxes in total tax revenue. Despite its relatively short existence, VAT in particular has proven to be an important fiscal tool, due to its many advantages. The aim of the article is to outline the main developments in VAT in these countries in the past two decades and to analyse its efficiency. The main result of the article is that the tax has good overall revenue performance in the Western Balkans, as measured with the C-efficiency ratio.