Every corporation, regardless of its size or industry, is exposed to risks stemming from improper actions that may occur internally or externally. Improper conduct by employees, poor managerial decisions, or the failure to take appropriate action can result in significant financial and reputational damage to the company. Although many corporations have internal mechanisms to manage…
During a tax reassessment, who bears the burden of proving which party is right? Is it the taxpayer or the Tax Administration of Kosovo (TAK)? This fundamental question, which concerns the balance between administrative authority and individual rights, often has no straightforward answer in practice, as taxpayers are frequently required to prove their own “innocence.”…
Author: Florin Lata Kosovo’s legal framework recognizes arbitration as a legitimate and binding mechanism for the resolution of commercial disputes. Two institutional arbitral tribunals operate domestically: the Arbitration Tribunal of the Kosovo Chamber of Commerce and that of the American Chamber of Commerce in Kosovo (AmCham). Yet, emerging jurisprudence from the recently established Commercial Court…
In everyday practice, gifting shares is a frequently used mechanism for transferring ownership in a business entity, whether between family members, business partners, or other closely related persons. However, such transactions are often carried out without a thorough legal and tax analysis, potentially resulting in significant consequences for the parties involved. This article examines the…