Kosovo current as of september 2012 download print version in pdf comments related to any information in this note should be addressed to aparna ravi table of contents i. Agency for international development concerning associate award no. Jun 04, 2015 tax treaties and related documents between the uk and kosovo. Findings from an ifes survey conducted in february 2011. While customs tax rates 10% and vat 16% remain the same and will be applied to the vehicles value. Tensions in north kosovo in july 2011 tensions increased after kosovo special police forces tried to take control of the two border crossings in serbdominated northern kosovo north of the river ibar. Kosovo introduction kosovo1 is a lowermiddle income country with a gross national income gni of usd 3 240 per capita in 2009 and a population of 1. Kosovo european forum for democracy and solidarity. This information is intended to familiarize military personnel with local customs and area knowledge to assist them during their assignment to kosovo. This is a visible consequence of both the ruling of the international court of justice icj recognising that the unilateral declaration of. All vat and other tax returns for all past tax periods have been submitted. Republika e kosoves republika kosova republic of kosovo.
The taxable income for a tax period is considered the deference between gross income received or accrued during the tax period and the deductions allowable with. The law introduces laws defining which companies will apply which accounting standards, and it defines the powers of responsibilities of the newly formed kosovo council for financial reporting kcfr. Page 1 page 2 mars 2014 republika e kosoves republika kosova. In this booklet you will find important information about taxes in kosovo. The reproduction of a legally published work is permitted without the consent of the author, with a special compensation, as. Forum on tax administrations earlier work on vat abuses and compliance risk management in general. Marija ristic former members of the kosovo liberation army guerrilla group who are allegedly responsible for killings, abductions, torture and other human. In the longterm, the kosovo corporate tax rate is projected to trend around 10. We advise you against making any decision without first seeking professional advice, as laws and interpretations are subject to change. Elibrary of the kosovo judicial institute is powered by eprints 3 which is developed by the school of electronics and computer science at the university of southampton. Constitution of the republic of kosovo, pursuant to article 4 of regulation no. Article 2 scope the provisions of this administrative instruction shall be mandatory to the tax administration of kosovo and to all other persons under the scope of the law no. Republika kosovarepublic of kosovo kuvendi skupstina.
Ky ligj rregullon marredhenien e punes ne sektorin publik edhe ne ate privat. Na osnovu clana 16 stav 2 i clana 76 stav 1 zakona o beleznistvu br. Tax revenues constitute a large portion of budget revenues in kosovo. Duke pasur parasysh konventat e organizates nderkombetare te punes, legjislacionin e bese dhe parimet. Together, the 2011 survey and this 2012 study constitute a rich data resource allowing for new and more indepth analysis. Ne qershor 2011 behen gjashte muaj qe nga hyrja ne fuqi e ligjit te punes. Unfortunately, analysis on the tax laws in kosovo resulted in identification of a number of.
The eu is still divided on accepting kosovos independence. A study conducted by amcham kosovo in 2011, titled kosovo business agenda 2011 concluded that the main issues that businesses face in terms of taxes are. Kontratat e punes ne kosove sipas ligjit te ri, nga. Detailed description of taxes on corporate income in kosovo. Njoftim tatimor audit, consulting, advisory, and tax. Reduction in the interest rates for delayed tax contributions payments iv. Kodi i punes i azhornuar pdf download 87c6bb4a5b 8 h.
Personal income tax rate in kosovo is expected to reach 10. General information on taxes in kosovo administrata. This booklet is not intended to be a comprehensive or exhaustive study of kosovo taxation laws. Inconsistencies in the tax legislation in kosovo rit scholar works. Kosovo country handbook this handbook provides basic reference information on kosovo, including its geography, history, government, military forces, and communications and transportation networks. In 2012, 71 percent of revenue was collected at the border in the form of trade taxes and value added tax vat.
Republika e kosoves republika e kosoves republic of. Republika kosovarepublic of kosovo qeveria vlada government raport mbi hulumtimin grate ne procesin e punes dhe vendimmarrjes ne kosove zyra e kryeministrit office of the prime minister ured premijera agjencia per barazi gjinore agencija za ravnopravnost polova agency of gender equality prishtine 2011. It should be used only as a guide to the taxation environment in kosovo. Per kete arsye nevojitet perfundimi i reformave ne kodin penal, kodin e procedures penale dhe ligjeve te tjera ne menyre te studiuar dhe duke. The vehicles value except the new ones is determined by kosovo customs through the international catalogues on vehicles amortization and value. To the northeast, the kosovo plain and ibar valley are drier with total precipitation of about.
Taxation a critical discussion of the present tax system in. Republika kosovarepublic of kosovo kuvendi skupstina assembly law no. Republika e kosoves kuvendi ballina kuvendi i kosoves. Republika e kosoves republika kosovarepublic of kosovo. Kosovo has a simple tax system and relatively low tax rates. A new law on accounting, financial reporting and auditing has been approved in kosovo. The dispute between kosovo and serbia over north kosovo continues while direct negotiations over this and other matters between the two sides began on 8 march 2011.
A risky feature of kosovos tax system is the high dependence on border taxes. Ligji per familjen i kosoves elibrary of the kosovo. A critical discussion of the present tax system in kosovo. The tax system of the republic of kosovo consists of tax treaties, tax laws, administrative instructions, regulations, individual and public rulings, decisions, and other official documents pertaining to the application of the cit provisions. In the longterm, the kosovo personal income tax rate is projected to trend around 10.