TIRANA, July 6/ATA/The Albanian Minister of Finance and Economy, Anila Denaj, announced on Tuesday that, until January 1, 2022, no penalties will be applied, deriving from the implementation of the Fiscalization Law.
“Our approach to business will be educational and advisory in order to increase the effectiveness of the process, ease implementation and real-time reporting,” Minister Denaj said.
The Minister Denaj said today that, since January 1, 2021, the process of Fiscalization has started between taxpayers and public institutions, while as of July 1, 2021, this process included taxpayers who perform cashless transactions between them, and on September 1, 2021 the Fiscalization process is expected to end, as the taxpayers who conduct transactions with clients through cash will also join the process.
Following the approval of the normative act “On an addition to the law ‘On tax procedures in the Republic of Albania’, as amended”, will not be applied, until January 1, 2022, penalties arising from the implementation of the law “On the bill and the traffic monitoring system”. //a.i/
