new taxation LAW in Kosovo

Kosovar Parliament today on 11th of Dec.2008 voted pro changes into the taxation law

so as of 1st of January 2009 Kosovars will benefeit from new regulations on taxes,
VAT has ben increased for 1% from 15% to 16%

Corporate tax have been decreased for 50%, from actual 20% to 10%
Persoanl Income Tax has been increased by 50% as well.

so everyone will be beneffiting from this, i hope this will make people re-conisder investing in Kosovo as this is one of the main reasons why Kosovo Goverment made this changes.

c yaaa
edon