Tax Directory collected less revenues from VAT and PIT in 2016

The government action against informality launched two years ago seems to lack the predicted effects on the state budget.

Referring to the annual report of the Directory General of Taxation, revenues from two major taxes such as value added tax and tax on personal income, are not realized as planned.

According to the report, tax revenues from Value Added Tax, on the projected value of ALL 37.6 billion, were realized in the amount of ALL 33.9 billion.

Compared with the same period of 2015, when ALL 30.6 billion were cashed, VAT revenues marked a collection of 3.3 billion more, or 10.90% more.

While the tax on personal income was planned at the level of ALL 32.1 billion and it was implemented at the level of ALL 31.5 billion.

Compared with the same period last year, ALL 29.8 billion, the trend is growing in value by 1.7 billion, or 5.88%.

The action against informality began two years ago and the government claimed that through the formalization of the economy, it would increase revenue from VAT.

It also claimed that it would increase revenues through the formalization of employees and their inclusion into the insurance scheme.

SCAN

*Material i përgatitur nga portali SCAN. Ripublikimi mund të bëhet vetëm kundrejt citimit të autorësisë dhe burimit origjinal.