TIRANA, July 17/ATA/- In the first six months of 2019, state budget revenues collected from customs and taxes recorded an increase of ALL 8.4 billion more than the same period of the previous year.
According to the official data published by the Albania’s Ministry of Finance, in the first six months of 2019 revenues from customs, taxes, social security and other sectors reached ALL 225.5 billion, increasing by 3.9% compared to the same period of the previous year.
Meanwhile, income from profit tax increased by 14%, or 2 billion more than anticipated, indicating that expectation has been surpassed.
Local government has collected 31% more income and revenues from special funds (social health insurance) recording an increase of about 6% on an annual basis.
Income from VAT, accounting for 29% of the total tax revenues, in January-June of 2019 decreased by 3%.//a.i/
