Of state public debt and budget deficit are among the hottest topics this fall and raised controversy over how to fund deficit will hardly fade away quickly. Albanian government, through a Normative Act (No. 6, dated. 4 October 2013), made some changes Law No. 119/2012 "On the Budget 2013." In this normative act have a review eld of the budget deficit which runs from 49 billion (projected in December 2012) to 83.5 billion (evaluation in October 2013), with a growing budget deficit of 34.5 billion (or 245 million euros), a rise caused by a decrease in revenues of 38.7 billion programmed coupled with a reduction in spending of 4.2 billion. At 9 months eld there is an increase of 70% (!) Annual deficit that has as its only because of the strong decline in budget revenues.
The government, eld in a situation that sees alarming, are you covering eld this budget hole by taking loans as the domestic market (taking advantage of the interest rate of Treasury Bills in free fall) as the international (initially addressing International Monetary Fund and World Bank). However, low economic growth that characterizes our country and our main economic partners, and the level of debt, which, since it was liberated by seat belts that held law stuck at the level of 60% of GDP (GDP), is like a building without a permit, which from year to year increase roof (the latest forecast eld level of debt leads to 73% of GDP), do that in the coming years to cover the deficit with new debt be a bumpy road ever more intense. No other way than that of the spending review eld on the one hand (trying to make the economy therefore increase the effectiveness of each lek spent) eld and revenue growth on the other.
Revenue growth, eld in general, is not easy since they mainly grow if the economy is growing. Over the years, the Albanian eld governments eld have used the sale of public assets (privatization) as an easy way to give the state less oxygen ark. Abuse of the process of privatization have been numerous arrive so far as national assets are privatized and that each country deems strategic and necessarily public. But state assets will one day come to an end, then privatization can not be seen simply as a way to create income which cover budget holes and a failure to collect taxes, so much the worse for covering the costs of election campaigns.
So, to increase the income of the state budget and there remains only one way: to bringing to light that part of the Albanian economy booming unperturbed by any income tax or other taxes. Some hypotheses on the level of informality eld in the Albanian economy reach 50% of GDP. There are about 600 billion escape official statistics on which no tax is paid.
Tax evasion is not Albanian phenomenon, but one of the most acute economic problems facing the developing eld world today. Some studies estimate tax evasion in Europe at the level of 1.000 billion euros per year. However, varies from country to country intensity eld of evasion, ie the ratio of the informal economy (or gray economy) in relation to GDP, and its perception and stigmatization by the public. Scandinavian countries, to remain in Europe, have historically been a vanguard and exemplary model to follow.
The fight against tax evasion and the informal economy is not an easy course. This is best illustrated by the example of Italy, the country where civic awareness and the fight against tax evasion eld and organized crime are at much higher levels than us, and where informal economy again reaches a high proportion in the national economy (Institute study Italian Statistics estimates the level of tax in the country at 17% of GDP, but newer studies raise the level to 23% of GDP).
This does not mean that the fight against tax evasion is lost without starting. Not at all! Will systematically work by the Tax Administration eld and public awareness on this issue. Without being aware Albanians eld tax evasion is a crime because:
Secondly, eld it provides a basic and essential contribution to the creation of dirty money (as much, maybe even more than, activities that are perceived by the public as more serious, such as narcotics trafficking, trafficking human beings, exploitation of prostitution eld and smuggling), and are the main source of criminal activities eld and whose activities are funded out of the net that represent the face of pure criminal organizations.
From another angle, that of free competition, tax creates an unfair competitive advantage
No comments:
Post a Comment