Municipal taxes and fees are waived, who benefits? - From the obligations on the building, land and use of public spaces
Businesses that have unpaid local taxes, fines, and late payment interest will benefit from the amnesty law.
The Law on the Forgiveness and Extinction of Obligations, which has begun implementation, will free entities from obligations accumulated over the years towards municipalities.
But who benefits? According to the law, all entities registered in the active, passive or deregistered register for tax obligations to the local tax administration will be beneficiaries.
Specifically, referring to Article 6 of the law, for unpaid local taxes/fees belonging to the tax periods from January 1, 2015 to December 31, 2019, 50% of the local tax or fee is forgiven, if the remaining 50% is paid all at once within 30.6.2026.
Also, 25% of the local tax/fee is waived if the remaining 75% of the tax/fee is paid by 31.12.2026.
But in both cases, if a business pays 50-75% of the principal obligation, the fines and late payment interest for the relevant periods are completely waived.
In the case where the principal has been paid and the taxpayer has only outstanding fines and late interest on his account, all fines and late interest are waived.
For the 2020-2024 tax period, fines and late payment interest are fully waived if local obligations are paid within 2026.
This law does not benefit entities that have been convicted by a final court decision or are in judicial proceedings or criminal investigation for offenses in the tax or customs field.
But what are the local obligations that are part of the amnesty law? Among the main taxes and fees are building tax; land tax; agricultural land tax; hotel accommodation tax; temporary educational infrastructure tax; table tax; cleaning fee; fee for the use of public space, etc.
According to the law, by January 31, 2027, the relevant bodies shall publish on the institution's official website the complete list of 3,000 taxpayers/entities that have resulted in the largest write-off/extinguishment of liabilities. In any case, the list shall include all entities whose liabilities have been written off for no less than 5 million lek.
Trade activity increases in the Port of Durres - APD: 43.7% more exports than a year ago
The Durres Port Authority announces that the first four months of 2026 have brought a positive performance for commercial activity and the local economy......
"EU, no return to Russian oil and gas" - Economy Chief Dombrovskis: We must strengthen sanctions
European Commissioner for Economy, Valdis Dombrovskis, said the EU "should not" seek help from fossil fuels and cheap Russian gas as the energy crisis......
Construction boom drives material imports to record highs/ Paints and refinishing products hit record highs in April
The high activity in construction, reconstruction and tourism investments is increasingly reflected in imports of construction materials. Data show that......
How did this week end for the major currencies?
The US dollar closed this week in volatility after fluctuating in value compared to the previous day, as it was bought this morning at 81.6 lek and sold at......
“Red Zone” for Oil Market - IEA Chief's Warning. It Could Arrive in July-August
Rising demand for fuel during the summer, combined with a lack of new oil exports from the Middle East and dwindling reserves, could push the oil market into......
Financial support for the needy - The Government of Kosovo provides 100 euros each to four categories of citizens
The acting government of Kosovo has approved the Inflation Response Package 2.0, which provides one-time financial support of 100 euros for pensioners,......
Germany is no longer a strong country - Foreign investors are fleeing due to high taxes and costs
Germany is becoming less and less attractive to foreign investors. France and the United Kingdom are faring better in this regard. The main obstacles that......
Britain cuts VAT for more tourists - Reeves: It will be 5% as part of cost of living support
Britain's Treasury Secretary Rachel Reeves said she would cut VAT to 5% on summer attractions such as theme parks and play centres during school holidays as......
