Session

Management, Business and Economics

Description

The paper is oriented towards the use of the mathematical-statistical model, in order for the result of this model to show the right way of tax strategy used by corporations in Kosovo. The main purpose of the research is to select a certain sample of financial items from the financial statements to use the Monte Carlo model, with the main purpose of real research of the tax strategy used by corporations in Kosovo. Avoiding corporate taxes has been a significant public concern, especially since the 2008 global financial crisis. The Monte Carlo model has a 5-10% forecast deviation, which has enabled the company to make earlier securities risk forecasts so that the planning for the fiscal year is accurate.

Keywords:

Tax Strategy, Kosovo, Monte Carlo

Session Chair

Bashkim Nurboja

Session Co-Chair

Florin Aliu

Proceedings Editor

Edmond Hajrizi

ISBN

978-9951-437-96-7

First Page

124

Last Page

130

Location

Lipjan, Kosovo

Start Date

31-10-2020 3:15 PM

End Date

31-10-2020 4:45 PM

DOI

10.33107/ubt-ic.2020.314

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Oct 31st, 3:15 PM Oct 31st, 4:45 PM

Use of the Monte Carlo Model in the Corporate Tax Strategy in Kosovo

Lipjan, Kosovo

The paper is oriented towards the use of the mathematical-statistical model, in order for the result of this model to show the right way of tax strategy used by corporations in Kosovo. The main purpose of the research is to select a certain sample of financial items from the financial statements to use the Monte Carlo model, with the main purpose of real research of the tax strategy used by corporations in Kosovo. Avoiding corporate taxes has been a significant public concern, especially since the 2008 global financial crisis. The Monte Carlo model has a 5-10% forecast deviation, which has enabled the company to make earlier securities risk forecasts so that the planning for the fiscal year is accurate.