Profit transfer reaches record during first quarter

Tirana Times
By Tirana Times June 27, 2019 19:42

Profit transfer reaches record during first quarter

Story Highlights

  • A change in the fiscal package of 2019 aims to reduce dividend taxation to 8 percent from 15 percent, with a retroactive effect even for previous years. Thus, both domestic and foreign companies are forced to distribute profits by the end of September.

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TIRANA, June 27- Foreign companies took abroad 102 million euros during the first quarter of this year in the form of profit and interest payments transferring. According to the Bank

Tirana Times
By Tirana Times June 27, 2019 19:42