Property Tax as a Path to Local Economic Independence
Local governments in the Western Balkans are striving to achieve greater economic and political independence. Property tax is the largest own source revenue of municipalities, which they are able to allocate on their own. Yet some, if not many, avoid collecting it to the full potential. How can that be? In this video, we explore why property tax is crucial for the decentralization process in Serbia (and the Western Balkans at large), the challenges encountered and the solutions that are proving effective.
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