TIRANA, June 18 /ATA/ – Services and construction industry have best performed in the first half of this year.
The collected revenues from the profit tax amounted to 15.1 billion lek, 3.7 billion lek more or 32.3% higher than during the first five months of 2020.
Profit tax collection analyses by sectors shows that services industry recorded a growth of 52.7% compared to the first five months of the previous year, while construction rose by 40.7% compared to the same period of 2020.
Construction industry accounted for 9.2% of the country’s GDP in 2020, up by 0.6 percentage points compared to a year ago, recording highest growth since 2013. Investments in hotels and tourism industry, as well as the post-earthquake reconstruction programme are the main factors.
Revenue tax (profit) represents the amount various businesses pay to the state depending on the profit or revenue generated by them.
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