Oil refiner’s tax debts mount to €135 mln after a decade of failure in private hands

Tirana Times
By Tirana Times January 7, 2018 15:58

Oil refiner’s tax debts mount to €135 mln after a decade of failure in private hands

Story Highlights

  • ARMO had accumulated 18.2 billion lek (€135.7 million) in debts to tax authorities in 2016, ranking the country's largest debtor company in a list dominated by energy, construction and gambling companies, according to a report by the Supreme State Audit. A considerable part of its accumulated debts are regularly pardoned under electoral tax amnesties, most recently in 2017 which fully pardoned pre-2011 tax and customs debts

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