AmCham urges gov’t to present 2018 Budget in due time for suggestions
Discussing and getting informed on the legal initiatives undertaken by the ruling coalition, mainly changes to fiscal laws, is something that has always been demanded by the business community operating in Albania.
In an interview with SCAN, the Executive Director of the American Chamber of Commerce, Enida Bezhani, said that entrepreneurs are now expecting a new fiscal package that will accompany next year’s state budget.
Meanwhile, the business community has urged the government to be “correct” by giving them the needed time to get informed and to respond to this possible intervention.
“Giving an opinion on the fiscal package is one of the Chamber’s traditions. It is one of the processes that we follow attentively each and every year. Now we are expecting by the government the fiscal package of 2018. What remains of great importance to us is that this new fiscal package is presented in time so that we can give our suggestions, our recommendations in due time, because we pursue some internal parameters in the context of the Chamber in order to have a clear panorama of the whole process. As it has been the case with all the fiscal packages over the years, the expected fiscal package will be passed on to all our membership, across the board, through the Law and Taxation Committee, and then to continue a discussion with the Ministry respectively and with the Economy Committee until the its adoption.”
A year ago the focus of the fiscal package was improving tax procedures and administration.
While for this year there is still no draft published by the Ministry of Finance as yet.
But the premature prime minister’s statement on the extension of VAT to small businesses has prompted a “mercurial” climate among this community.
SCAN
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