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as in other countries in the region, this will last only a few years, until enough IT capital flows in. one noteable exception is bosnia & herzegovina, where th
by medo-bear 5y ago
as in other countries in the region, this will last only a few years, until enough IT capital flows in. one noteable exception is bosnia & herzegovina, where the personal income tax and the company profit tax is 10% flat. moreover, this has always been the case and it is unlikely to change in the near future
- ddorian43 5y agoIt's for every type of export. Previously, it was 0% until $50K. 5% until $125K. 15% after $125K. So pretty near to what we have now. I don't expect it to get worse than that.
- medo-bear 5y agofrom what i can see the tax laws in albania are pretty strict, and tax seems to be applied on world-wide income [0]. i think this is rather problematic for incentivizing foreign investment into startups. compare to general tax rules in bosnia and herzegovina [1] [0] https://taxsummaries.pwc.com/albania/corporate/taxes-on-corporate-income https://taxsummaries.pwc.com/albania/corporate/taxes-on-corp... [1] https://taxsummaries.pwc.com/bosnia-and-herzegovina/corporate/taxes-on-corporate-income https://taxsummaries.pwc.com/bosnia-and-herzegovina/corporat...