Local businesses see 100% tax on Serbia

Local businesses see 100% tax on Serbia

Kosovo companies have seen 100 percent of the move on Serbian and Bosnia and Herzegovina products. They have begun to increase capacities in their working environments by employing new workers. Only at the company “Meka Hallall Food” have three employees been employed since the tax was imposed. [...]

The government of Kosovo's decision to impose a 100 per cent move on Serbian products and Bosnia and Herzegovina has quickly produced positive effects. Kosovo companies, except that they have increased labour force capacities, similar signals have been given in establishing commercial exchange volumes with Albania. But Kosovo business representatives are demanding even greater effects of this tax.

Kosovo's Afarism Oda Director Skender Krasniqi, in a statement to the newspaper “Voice”, has said it takes a time to assess this tax more with the effects of employment and increased internal production revenues. “Taxa is giving continuous effects. What business needs is that the effects look even more. The effects are clear. Of course, it takes a while to assess this tax even more with the effects of employment and increased domestic production revenues”, Krasniqi has indicated.

It has mentioned several obstacles in the production sector. And what has been preventing and constantly hindering the production sector is that part of the first class businesses have received from these two countries, and the state has not taken into account that these can have counter-effects and can damage until they find new trends.

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