Personal Income Tax Policy Analysis: Albania vs. United States
Personal income tax has become an important part of the Albania’s revenue system. Revenue from personal income tax was more than 27.9 billion ALL for the year of 2011 which makes up a 3% increase when compared to the previous year. This paper compares and contrasts Albanian and American income tax...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
EconJournals
2012-12-01
|
| Series: | International Journal of Economics and Financial Issues |
| Online Access: | https://econjournals.com/index.php/ijefi/article/view/305 |
| _version_ | 1797911908024582144 |
|---|---|
| author | Agim Binaj Ilir Binaj Irini Limaj |
| author_facet | Agim Binaj Ilir Binaj Irini Limaj |
| author_sort | Agim Binaj |
| collection | DOAJ |
| description |
Personal income tax has become an important part of the Albania’s revenue system. Revenue from personal income tax was more than 27.9 billion ALL for the year of 2011 which makes up a 3% increase when compared to the previous year. This paper compares and contrasts Albanian and American income tax systems by describing many similarities as well as distinctive characteristics that were found. Professor Agim Binaj of Agricultural University of Tirana highlights the need for a fair personal income tax reform in Albania. This paper concludes with recommendations and an agenda for future research on tax policy using lessons from the United States tax system.
Keywords: Individual income tax; tax system; revenue; uncollected taxes; fiscal reform
JEL Classifications: E62; H3
|
| first_indexed | 2024-04-10T11:48:02Z |
| format | Article |
| id | doaj.art-18e31673a0184c6a8be56a91a4dfffc1 |
| institution | Directory Open Access Journal |
| issn | 2146-4138 |
| language | English |
| last_indexed | 2024-04-10T11:48:02Z |
| publishDate | 2012-12-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Economics and Financial Issues |
| spelling | doaj.art-18e31673a0184c6a8be56a91a4dfffc12023-02-15T16:17:16ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382012-12-0131Personal Income Tax Policy Analysis: Albania vs. United StatesAgim BinajIlir Binaj0Irini LimajUNYT, Albania Personal income tax has become an important part of the Albania’s revenue system. Revenue from personal income tax was more than 27.9 billion ALL for the year of 2011 which makes up a 3% increase when compared to the previous year. This paper compares and contrasts Albanian and American income tax systems by describing many similarities as well as distinctive characteristics that were found. Professor Agim Binaj of Agricultural University of Tirana highlights the need for a fair personal income tax reform in Albania. This paper concludes with recommendations and an agenda for future research on tax policy using lessons from the United States tax system. Keywords: Individual income tax; tax system; revenue; uncollected taxes; fiscal reform JEL Classifications: E62; H3 https://econjournals.com/index.php/ijefi/article/view/305 |
| spellingShingle | Agim Binaj Ilir Binaj Irini Limaj Personal Income Tax Policy Analysis: Albania vs. United States International Journal of Economics and Financial Issues |
| title | Personal Income Tax Policy Analysis: Albania vs. United States |
| title_full | Personal Income Tax Policy Analysis: Albania vs. United States |
| title_fullStr | Personal Income Tax Policy Analysis: Albania vs. United States |
| title_full_unstemmed | Personal Income Tax Policy Analysis: Albania vs. United States |
| title_short | Personal Income Tax Policy Analysis: Albania vs. United States |
| title_sort | personal income tax policy analysis albania vs united states |
| url | https://econjournals.com/index.php/ijefi/article/view/305 |
| work_keys_str_mv | AT agimbinaj personalincometaxpolicyanalysisalbaniavsunitedstates AT ilirbinaj personalincometaxpolicyanalysisalbaniavsunitedstates AT irinilimaj personalincometaxpolicyanalysisalbaniavsunitedstates |