Within economic policy, fiscal policy remains a dynamic category that directly influences both small and large businesses. Tax levies play a key role in business projections and planning, while tax considerations are essential for successful management. In a growing economy, cooperation between tax administrations increases, making good knowledge of local and EU tax regulations essential for anyone wanting to expand their operations. Countries in the Western Balkans are in the process of harmonizing their tax legislation with EU and OECD rules. For example, Serbia ratified the OECD Convention on mutual administrative assistance in tax matters and reached double taxation agreements […]
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