After-earthquake business convenience – Costs reduced, deadline for application until March 10

Along with the reconstruction process, the government has provided a package of fiscal facilities to businesses affected by the November 26th devastating earthquake. The General Directorate of Taxation, informs the entities that they will be recognized as deductible expenses for earthquake damages. Specifically, the carrying amount of the goods as well as the carrying amount of the assets that have been damaged or destroyed due to natural disasters in areas which, by the definition given in the applicable civil protection legislation, have been declared as deductible expenses, shall be recognized as deductible expenses.

To benefit from these fiscal amenities, taxpayers affected by this natural disaster must submit to the Regional Tax Directorate a detailed description of the damaged or destroyed goods and assets, including the amount for each type; Invoices for the purchase of defective goods or documentation of defective property; Report from the relevant competent authority for the disposal of non-current assets. All taxpayers affected by the earthquake have until March 10 to file with the Regional Tax Directorate where the required documentation.

SCAN

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