TIRANA, Feb.4 /ATA/- The Albania’s Minister of Finance and Economy (MFE), Anila Denaj held on Thursday a meeting with representatives of public entities in Shkodra, while emphasizing that, the main goal is to communicate the approach of the Albanian government and MFE to the Fiscalization process.
According to the Minister Denaj, Fiscalization is an IT protocol, a software, which according to the increased requirements of the taxation administration provides real-time data in any moment a transaction takes place.
“The Albanian government fiscal incentives undertaken last year in the light of the economic recovery provided tax relief for businesses with an annual turnover of up to 14 million ALL and increased the VAT threshold from 2 million to 10 million,” Minister Denaj said.
There are about 450 businesses in Shkodra, which benefit from fiscal easing measures. Also, there are 92 public entities, 36 businesses engaged in transactions, as well as 167 electronic invoices issued so far in this region. //a.i/
