Tax Revenue Growth and Formalization Republic of Kosovo

Among western Balkan countries, Kosovo had the largest growth in tax revenue in percent of GDP over 2021-22. While part of this strong performance could be explained by increased activity, surging inflation, and buoyance, a sizable part of it is related to increased formalization. This paper analyze...

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Bibliographic Details
Main Author: Edwards, Amanda
Other Authors: Ozturk, Ezgi, Thaci, Selim
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2023
Series:Selected Issues Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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651 4 |a Kosovo, Republic of 
653 |a Revenue administration 
653 |a International Organizations 
653 |a Public finance & taxation 
653 |a Monetary economics 
653 |a Taxes 
653 |a International agencies 
653 |a International organization 
653 |a Informal Economy 
653 |a Business Taxes and Subsidies 
653 |a Taxation, Subsidies, and Revenue: General 
653 |a International institutions 
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653 |a International Economics 
653 |a Personal Finance -Taxation 
653 |a Tax administration and procedure 
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653 |a Taxation 
653 |a Personal Income and Other Nonbusiness Taxes and Subsidies 
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653 |a Monetary Policy 
653 |a Money and Monetary Policy 
653 |a Spendings tax 
653 |a Revenue 
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520 |a Among western Balkan countries, Kosovo had the largest growth in tax revenue in percent of GDP over 2021-22. While part of this strong performance could be explained by increased activity, surging inflation, and buoyance, a sizable part of it is related to increased formalization. This paper analyzes the extent to which tax revenue increases may have grown due to gains in formalization, both of workers and businesses, by applying a simple accounting framework to disentangle the sources of tax collection increases