18 minutes agoThe critical setting for Government Guidance: It will cause chaos, prices of imported goods will rise
Periskopi(2 years ago)
(2 years ago)MP from the Democratic League of Kosovo ranks, Avdullah Hoti, has said that the Administrative Guide for placing tax quotas in import, which was approved by the government last week, would cause chaos in imports, re-organise trade abroad between Kosovo companies and countries where imports come from, and would be unable [...]
According to Hoti, the consequences of this UA will bear citizens, since prices of imported goods will increase, Express reports.
Hoti has expressed surprise at the failure to react to the economic options on the issue.
It is not surprising how some of the economic options are reacting to this abnormality in commercial politics. Instead of measures to support local producers to replace goods from import, these governments approve guidelines for managing imports.
Unfortunately, in these four years of government there has been no substantial economic policy. As a result, the trade deficit has deepened for 2.2 billion euros. If Fiscal Policy 2.0 measures alone were implemented, left at the Mustafa Government in 2017, the economic situation would be quite different”, Hoti wrote.
In the end, it has listed these measures, which have not been implemented because of changes in government:
1. Release from customs taxes for products considered a raw material for products not produced in the country, according to the ATK producers' registry.
2. Eliminating the excise rate in the mazure for production and reviewing the forms of accysis remigration in the summer.
3. The change and completion of the list of products subject to the reduced 8% VAT rate for cultural, artistic, sports, tourism, acomoment and recreation and fish processing.
4. Administrative Guide for Tax Breaks to foster investments in particular sectors with potential for development and employment in Kosovo: agriculture (agrro-procession), tourism and IT, for a certain period of time.
6. The extraction of the sublegal act for the specific conditions under which losses from decay, evaporation or loss of weight to products under EU norms are accepted for tax purposes.
7. Establishing new tariff codes for certain products, according to EU practices.
8. Establishment of the company's new list of taxes, respect for employment legislation and other legislation, which benefits particular treatment in administrative procedures.
9. Licenses: Establish transparency portal.
10. Exercise.
11. Reviewing the Law for the Fate Games in order to harmonise legal requirements with the best international practices and harmonisation with other institutions.
Twelve. The list of local producers receiving special administrative treatment.
13. The amendment of the Law to the Orders of Corporations and Law to the Personal Orders to Address: (i) the taxing of insurance companies and (ii) the revision of the tax held at the source for agricultural product collectors.
14. The change and completion of the VAT Law to address the tax on international passenger road transport activities in order to harmonise fully with EU VAT directives.
15. Treating import of mobile phones through added and joint activities of ATK and DK.
16. Fixing on-line sales market.
17. The excise's gradual revision into soda and not gas.
18. Treating the import of raw production equipment.
Nineteen. Ethic alcohol ax for medical use.
20. Treating samples in the case of extenuation.
21. The release of Special Research Management Guide for the Investable Arship in order to treat the gold sector in line with international practices.
22. Maintaining fair competition through review of potential monopolies in the market.
