TIRANA, May 6 /ATA/ – The Value Added Tax (VAT) refunds for businesses has reached the highest value in the first quarter of this year. Business VAT returns amounted to $ 12 million, increasing by 28% more than the same period last year, the Albania’s Finance and Economy Minister, Anila Denaj stated during a joint press conference with the representative of the International Monetary Fund Jan Kess Martijn and Governor of the Bank of Albania Gent Sejko.
In her speech, Minister Denaj emphasized that, the government’s commitment to significantly increase VAT refund rates, is expected to reach normal VAT rates within this quarter.
“We have taken the commitment to pay all overdue refunds in a timely manner, while only in the first four months of 2019 there have been paid about $ 12 million or 28% more refunds than the same period last year, Denaj said.//a.i/
