Bojana Vasiljević Poljašević
- University of Banja Luka, Faculty of Law, Vojvode Stepe Stepanovica 77, 78000 Banja Luka, Republika Srpska, Bosnia and Herzegovina
Abstract:
Since the early 18th century, theory and practice have sought universal principles for a “solid” tax system. These principles help assess existing tax policies and review proposed innovations. Taxes are not just fees for living in a society; they shape the civilization citizens want to live in. The state's decisions on taxation profoundly affect the economy, resource allocation, and public satisfaction. This research examines key tax principles necessary for any good tax policy, focusing on how taxes support economic growth and other specific fiscal and parafiscal goals. The analysis also explores the role and importance of a solid tax system. Using the Republic of Srpska’s tax system as a case study, the paper assesses distortions in its current tax system. The author concludes that while no universal tax principles are ideal for all countries and times, certain principles lead to a solid tax system in any country
Tenth International Scientific-Business Conference LIMEN Leadership, Innovation, Management and Economics: Integrated Politics of Research - LIMEN 2024 - International Scientific-Business Conference – LIMEN 2024: Vol 10. Conference Proceedings , December 5, 2024
Conference Proceedings published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia
ISBN: 9788680194929 , ISSN: 26836149 , DOI: 10.31410/LIMEN.2024
Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission.
