Ministry of Finance and Economy in cooperation with the Secretariat of Albania Investment Council held an open discussion with businesses from the sectors of agri-processing, active inward processing regime (fason regime) and export with regard to the 2019 VAT Reimbursement Strategy and the Fight against Informality. The meeting was chaired by the Minister of Finance Mrs. Denaj and attended by the General Tax Director, Mr Enton Duro.
Key messages delivered by Minister Denaj, were focused in 3 main pillars:
- MFE has developed a plan for the payments of VAT reimbursement on a quarterly basis for the above categories as per First-In, First-Out (FIFO) principle;
- Informality is a factor which has conditioned time after time the state budget and therefore it is requested a bigger awareness of the business community not only to address this issue but also to initiate the dialogue as relates to suitable economic models which guarantee economic growth and non-repetition of such cycles;
- MFE together with GTD will focus its efforts on the awareness of the business as relates to informality in the country, and together they have planned the reforming of the tax administration and in particular tax investigation.
For more information please visit: www.investment.com.al