Suchergebnisse

Deposit financial institutions are known for a wide range of providing traditional financial services, from current accounts and systems of planning of savings, to granting loans to companies, clients and countries. At the present time, deposit financial institutions do not limit their services only to those traditional, but quickly begin providing general financial services, such as: securities trading, protection insurance, financial planning, management of pension systems, the provision of advisory services to companies that are in the process of fusion, and other new services. The objective of the paper is to present the deposit financial institutions which operate in the Republic of Srpska and determine their role in the development of the real sector. Research work should show whether the deposit financial institutions, such as financing sources, are the development drivers of the real sector in the Republic of Srpska or limiting factor in the development of this sector.

The paper empirically examines the effects of incentives in the domain of corporate income tax in Serbia between 2007 and 2018. The main aim of the paper is to test for effects of tax incentives on economic growth. To achieve the stated aim, a dataset consisting of 10 indicators will be analyzed by using the Principal Component Analysis method. This method allows the initial set of predictors to be transformed into a set of uncorrelated components, and allows linear regression to be performed. In accordance with the results of the analysis, the proposal for parametric reform should be based on the abolition of certain tax incentives in order to increase the efficiency of corporate income tax and improve business conditions. The analyzed data has shown that certain corporate tax incentives have had a significant effect on economic growth. Taking into consideration the adverse effects of the coronavirus crisis, the authors give recommendations on what should be developed in the domain of corporate income tax.