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Better reimbursement of VAT, says taxation department

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19 years ago
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TIRANA, March 9 – The Taxation administration has had better results in reimbursement of the value added tax during 2005-2006, the taxation department said. During the last two years there were reimbursed 4.5 billion leks or $47 million, which is 10% of the VAT collected from the authorities. That is much higher compared to 3-5% reimbursed during 200-2004. some 80 percent of the reimbursement was made for those companies which import good into the country.

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Prof. Dr. Alaa Garad is President and Founding Partner of the Stirling Centre for Strategic Learning and Innovation, University of Stirling Innovation Park, Scotland. He is actively engaged in health tourism, higher education and organisational learning across the Western Balkans, including the Global Health Tourism Leadership Programme in Albania.

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