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Annual individual statement within April 30

TIRANA, April 8 /ATA/- Anyone who has an income of over 2 million ALL a year is obliged to submit an individual annual income statement until April 30. The General Directorate of Taxation notifies taxpayers who have this level of income to respect the deadline for filing the statement.

The GDT said that the Individual Income Statement is compulsory for non-resident individuals either who make a taxable income in the Republic of Albania amounting to over 2,000,000 (two million) ALL.

Tax administration informs that individuals are required to declare taxable income such as: Gross income from wages or remunerations from employment relations; Gross income from dividends; Gross income from rent; Profit from the sale of immovable property owned by the declarant; Gross income from bank interests; Capital gains generated by investment in securities or real estate; Gross amount earned by lottery or other games of fortune; Gross income from intellectual property, licenses, franchises and other assets, consisting of only rights and no physical form; Capital gain from donation; Gross incomes realized outside the territory of the Republic of Albania; Other gross income not mentioned above.
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