Tax amnesty draft submitted to Parliament: 90.97 bln to be forgiven; gov’t to collect 34.96 bln

The Council of Ministers has submitted to the Parliament the final draft of the tax and customs duties amnesty.

The government has already made public that this process will most probably result in the amnesty for 90.97 billion ALL of tax liabilities.

In its report about the initiative, the Ministry of Finance points out that there are the two types of debts that will be forgiven.

The first category is the debt that will be erased unconditionally, which implies erasing fines without any obligation.

In total, debts that are erased entirely without any obligation are estimated at the level of 29.52 billion ALL. Of this, 28.36 billion ALL are debts to the General Directory of Taxation, while 1.16 billion ALL are debts to the General Directory of Customs.

The second category involves erasing debts for obligations which are conditioned on the payment of debt’s principal. So, in this case the government erases delay interest penalties on the condition of paying the original debt.

From this second category, the Albanian state foresees not only to forgive obligations, but also to benefit from this move.

In total, the amount erased from this category is 61.45 billion ALL, of which 53.20 ALL billion in taxes and 8.265 billion ALL in customs duties.

This process is expected to bring to the coffers of the state around 34.96 billion ALL, which is the amount of principal, that is, the amount of the initial debt that has to be paid in order to obtain erasure of fines or delay interest penalties on this debt.

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