TAX POLICY OF SERBIA IN THE FUNCTION OF DEVELOPING THE ECONOMIC SYSTEM

Jugoslav Anicic, Marko Laketa (), Branka Radovic, Dragan Radovic and Luka Laketa
Additional contact information
Jugoslav Anicic: Union University–Nikola Tesla, Faculty of entrepreneurial business, Belgrade
Marko Laketa: Union University–Nikola Tesla, Faculty of entrepreneurial business, Belgrade
Branka Radovic: National Employment Service, Belgrade
Dragan Radovic: Alfa University of Belgrade, Faculty of Management, Novi Sad
Luka Laketa: Vocational high schools for propaganda and public relations-Elit College, Belgrade

UTMS Journal of Economics, 2012, vol. 3, issue 1, 33-43

Abstract: Global mobility of capital and labour impose the issue of optimal tax structure of all countries. In some countries, direct taxes on income and profits are still dominant, while in other the main source of tax incomes are indirect taxes, primarily value added tax (VAT). Tax system of Serbia is specific for its big burdens for work, and smaller burden of profits and property in relation to EU countries. For long-term sustainable economic growth, among other things, more efficient tax system is required. Tax policy should contribute to elimination of essential macroeconomic imbalances of Serbian economy – high unemployment rate and high foreign trade deficit, without endangering international competitiveness of a company and favourable economic environment.

Keywords: tax system; tax policy; economic system; competitiveness (search for similar items in EconPapers)
JEL-codes: H20 R58 (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://utmsjoe.mk/files/Vol.%203%20No.%201/1-A4-Anicic.pdf Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:utmsje:0047

Access Statistics for this article

UTMS Journal of Economics is currently edited by Prof. Ace Milenkovski, PhD

More articles in UTMS Journal of Economics from University of Tourism and Management, Skopje, Macedonia Contact information at EDIRC.
Bibliographic data for series maintained by Assistant Professor. Dejan Nakovski, PhD ().