Confindustria: Businesses Categorization Based on Annual Exchange
Albanian Daily News
Published May 15, 2016

One of the principal requests that will be submitted by Confindustria to the executive during the consultations process for the Fiscal Package 2017 will be the businesses categorization in accordance to their annual exchange. The current legislation divides the businesses in two different categories. Small businesses with an annual exchange up to Lek 8 million benefit a partial or complete exclusion from the taxes. Confindustria will ask that the fiscal support for the small businesses to be based on their profit margin and not the annual exchanges, in accordance to the most developed European countries practice. According to the Conindustria experts the current legislation generates a high level of fiscal evasion due to the small business reluctance to issue bills to the large business.   






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