A comparative analysis of consumption taxes in former Yugoslav countries

• Main Author: Славен Савић
• Format: Article
• Language: English
• Published: University of Banja Luka, Faculty of Economics 2015-07-01
• Series: Acta Economica
• Subjects: value added tax; excise duties; GDP; personal consumption
• Online Access: http://ae.ef.unibl.org/index.php/AE/article/view/55

In modern tax systems consumption taxes occupy a signifcant place. This is particularly important in the case of value added tax, although excise duties approximately equally contribute to flling the country’s budget. If appropriate legislation of these taxes is set, and especially if they are properly implemented, the effects can not be excluded. However, the importance of some form of taxation can not be viewed solely from a fiscal point of view. Equally important is the question of their participation in the gross domestic product, as well as in personal and fnal consumption. The purpose of this study is to provide comparative analysis of tax systems in several similar, yet different countries, identifying the factors that have led to differences in the dynamics of the movement of certain tax categories in the analyzed countries.