| The scheme of VAT, radical changes |
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| Thursday, 10 September 2009 | |
 The expanding of the big businesses that pays the VAT (Value Added Tax) in Albania will be next challenge of the fiscal system. The leader of the general directory of taxes, Artur Papajani, says that from the tax inquiry were found almost 3500 businesses that have revenue of more than 8 million lekë and that most probably hate declared less than that. Their status will change at the beginning of the next year.“From our inquiry we have seen that the numbers that the small business has declared in Mars is not real. About 10% of all taxpayers of the small business in the entire country had revenue of more than 2 million lekë. After the investigation we have found at least 3500 subjects that are ready to be considered big businesses and that have surpassed the figure of 2-3 million lekë that have declared in the local jurisdiction”, said Papajani. This only the beginning but the real change will be made after cutting the limit of the businesses to be included in the VAT from 8 million to 4 million lekë. “We have proposed the cutting of this limit to the minister of Finances because our fiscal system can accept a change like this one and we have the capacity to administer the change”, said Papajani. He talked also for the VIP businesses included in the bankrupting processes. “The court will take the decision, but the tax administrate has only applied a legal request that is obligatory for the administrate” This way the fiscal reform will enter in a second phase. The obligatory tax paying system for the businesses has resulted in an excess of the revenue for this period of the year. Adi Darsi |
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