Jedinstveni porezni sistem
A Single Tax System or a Unique Basis for the Tax System?

Summary/Abstract: The debate concerning tax reform in Yugoslavia is largely reduced to redistribution of financial competences between the federation and the republics while the functional basis of the system of taxation — its aims and efficiency — is neglected. Instead of arguing whether there should be a single system or several orchestrated ones the question which ought to be considered is how to establish a tax system that would be suitable to a market economy. In this context the author discusses the specific features of fiscal federalism and, referring to Oates, makes the point that in market economics all tax systems are of a federal nature in a higher or lesser degree and that the real problem is to find out how far it is suitable to decentralize them. Two aspects of fiscal federalism are given special consideration: the division of financial competences between the federal government and the authorities in the federal units, and inter-budget transfers

• Details
• Contents