The Investment Council (IC) hold its regular meeting this time focused on “Formalization and Competitiveness in Tourism.” Chairing this Council, Minister Ahmetaj said that “Although the tourism sector has a substantial growth, its formalization remains a challenge for the country. During the last tourism season, many tax control structures were engaged, although in the focus were not penalties, but taxpayers’ education and, of course, further formalization. ”
Following, Head of the IC Secretariat, Ms Diana Leka delivered a presentation on the Secretariat’s analysis focusing on the impact of informal activities and fiscal evasion in the competitiveness of the sector. The objective of the analysis was identification of the fiscal, legal and regulatory measures, necessary to address sector’s high informality and their alignment with the general framework of policies and strategies for the development of the sector.
For more information please visit: https://www.investment.com.al/6408/