Albania cuts taxes to zero for startups

Albania cuts taxes to zero for startups

Published at: 2015-11-18 10:57 | Author: CIJ Journal
The government of Albania has cut taxes to zero for small businesses whose annual turnover is less than around €36,400 said prime minister Edi Rama on Monday. He added that while those with annual turnover amounting to no more than €58,200 would still have to VAT, the tax rate on their profits would be reduced from 7.5 percent to just 5 percent according to local media.

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