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Albanian opposition promises a 9% flat tax and zero tax on dividend

By   /   16/02/2017  /   Comments Off on Albanian opposition promises a 9% flat tax and zero tax on dividend

The leader of the Democratic Party, Lulzim Basha promises a reduction of taxes for businesses and the reintroduction of the flat tax, but this time at a rate of 9% or 1% less than during the eight years in office of the former right wing PM, Sali Berisha.

Mr. Basha promised that once the DP comes in power, the 9% tax will be introduced and tax on dividends will be zero. VAT will be 15% and tax for small businesses will be fixed.

“We will introduce a 9% flat tax, preserving the 30 thousand ALL threshold, where no tax is applied. Tax on dividends will be zeroed. VAT will be 15% and tax on small businesses will be 1,5% of the revenues”, Mr. Basha said.

The leader of the Albanian right wing promised that minimum wage must not be any lower than 32 thousand ALL, social allowance must be increased from 1300 ALL per person to 3 thousand ALL per person.

The head of the opposition accuses the socialist government of increasing the tax burden for businesses in the past four years.

“Debt has increased, taxes have increased, public investments have been zero and there have been no increases of salaries or pensions. Debt is a real threat for Albania. Every Albanian owes 1800 USD”, Mr. Basha says. /balkaneu.com/

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