POST?CRISIS TAX STRATEGY OF THE EUROPEAN UNION AND LESSONS FOR BOSNIA AND HERZEGOVINA

Authors

  • Динка Антић Faculty of Law, University of Apeiron, Banja Luka

Keywords:

tax system, tax strategy

Abstract

Balancing between tax sovereignty of the Member States guaranteed by the Constitution of the Union and the need for tax coordination, the EU have announced a strategy for reform of the EU tax system. The new EU tax strategy is based on three main pillars: the quality of taxation in the context of economic coordination, the contribution of tax policy to the sustainable growth and good governance in the tax area. Parallel with the reforms in the area of public expenditures, and following the efforts of the EU, fiscal authorities of BiH should focus their activities on increasing functionality and efficiency of the complex tax system in BiH within the current constitutional framwork. Adoption of the adequate solutions from the new EU tax strategy should bring substantial benefits to BiH. Seen as a part of way out strategy from the recession, tax reforms, designed in the spirit of the EU strategy, should be aimed at speeding up the process of fiscal consolidation and economic recovery, contriburing to the integration of the economic space in BiH and enabling permanent harmonisation of domestic legislation with the EU law and practice.

Downloads

Download data is not yet available.

References

Антић, Д. Макроекономска стабилност и фискални федерализам у Босни и Херцеговини. Мостар: FIRCON, 2009.

Council Regulation (EU) No 904/2010 of 7 October 2010 on administrative cooperation and combating fraud in the field of value added tax (recast).

European Commission, „Promoting Good Governance in Tax Matters”, COM(2009)201 final, Brussels, 28.4.2009.

European Commission,„Tax and Development, Cooperating with Developing Countries on Promoting Good Governance in Tax Matters”, COM(2010)163 final, Brussels, 21.4.2010

European Commission, „Taxation of the Financial Sector”, COM(2010)549/5, Brussels, 7.10.2010.

European Commission, „Green Paper On the future of VAT Towards a simpler, more robust and efficient VAT system”, COM(2010) 695 final, Brussels, 1.12.2010.

European Commission, Taxation trends in the European Union, 2010 Edition, EUROSTAT, 2010.

European Commission, „Tax policy after the crisis”, Monitoring tax revenues and tax reforms in EU Member States 2010,working paper No 24, 2010.

European Commission, „Towards a new Energy Strategy for Europe 2011‐2020”, www.europa.eu.

European Commission, Communication from the Commission, Europe 2020, A Strategy for smart, sustainable and inclusive growth, www.europa.eu.

EUROSTAT, Euroindicators, News Release, 157/2010 ‐ 22 October 2010

EUROSTAT, Euroindicators, News Release, 170/2010 ‐ 15 November 2010

EUROSTAT, Government finance statistics, Summary tables — 2010 Edition, Data 1996‐2009, Luxembourg, 2010.

IBFD, International VAT Monitor, Amsterdam, izdanja: 2008‐2010

IMF World Economic and Financial Surveys, Fiscal Exit: From Strategy to Implementation, Fiscal Monitor, Washington, November 2010.

IMF World Economic and Financial Surveys, Europe: Building Confidence, Regional Economic Outlook, Washington, November 2010.

IMF Survey Magazine: IMF Research, Global Financial Crisis, Tax Policies Made Countries More Vulnerable to Crisis, Washington, June 16, 2009.

Mirrlees J., „Mirrlees Review: Reforming the tax system for the 21st century – Tax by Design”, preliminary edition, Institute for Fiscal Studies, London, UK, November 2010.

Mirrlees J. , „Mirrlees Review: Dimensions of Tax Design”, preliminary edition, Institute for Fiscal Studies, London, UK, November 2010, http://www.ifs.org.uk/mirrleesReview

Monti M., „A New Strategy for the Single Market – At the service of Europe's Economy and Society”, Report to the President of the European Commission José Manuel Barroso, 9 May 2010.

OECD, „OECD’s Current Tax Agenda”, June 2010.

OECD, „Tax policy reform and fiscal consolidation”, Tax Policy Brief , December 2010.

OECD, The Global Forum on Transparency and Exchange of Information for Tax Purposes, A Background Information Brief, 19 October 2010.

Terra B.J.M., Wattel P.J., „European Tax Law”, 5th Edition, Kluwer Law International, Alphen aan den Rijn, Netherlands, 2008.

Treaty on European Union and the Treaty on the Functioning of the European Union, consolidated version, OJ C 115, 9.5.2008.

Downloads

Published

2011-02-11

How to Cite

Антић, Д. (2011). POST?CRISIS TAX STRATEGY OF THE EUROPEAN UNION AND LESSONS FOR BOSNIA AND HERZEGOVINA. Acta Economica, 9(14), 201–232. Retrieved from http://ae.ef.unibl.org/index.php/AE/article/view/167

Issue

Section

Review article