EIRP Proceedings, Vol 1 (2006)

Abstract

The essential feature of market economy is the balance between independent economic agents and the autonomous ones, as this type of economy functions without any restrictions imposed by the state, thus each economic agents being  free to spend, use, produce and save as much as they consider fit in order to follow their own economic interests in the general context of matching them with the real needs and interests of society. Under such circumstances, the new commercial companies (firms) have become autonomous subjects for economy. Consequently, the relationships between the state and the commercial societies achieved a fiscal nature, in most of the cases, where the state exercises its fiscal supremacy. Thus, companies are compelled to give up a part of the net internal product they yield or earn on the market, in form of duties and taxes.