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"Fiscal Peace", Rama: Tax liability forgiveness will be done in four forms

2025-11-19 12:28:00, Politikë CNA

"Fiscal Peace", Rama: Tax liability forgiveness will be done in four

Prime Minister Edi Rama, during his speech in the Assembly, also spoke about "Fiscal Peace." Rama said that this draft law will further increase the union between entrepreneurship and the tax administration and will ease the administrative costs of entrepreneurship.

The head of government said that the forgiveness of tax liabilities will be done in four forms. With "Fiscal Peace", Rama said that businesses will have the opportunity to correct previous declarations and financial statements.

"We talked here about a great pardon, it is true, it is a great pardon that through the "Fiscal Peace" will be given to all businesses, giving them the opportunity to close all old issues, further nurturing mutual trust and cooperation between businesses and the tax administration and facilitating the relationship between them, and also easing the administrative costs of businesses. Therefore, I invite all businesses to carefully read our fiscal package and refer to the forgiveness of tax obligations that will be made in four forms;

- Complete cancellation of unpaid debts older than 10 years,

- 50% cancellation of obligations for the period of 5-10 years, if the remaining amount is paid immediately, with total cancellation of fines and interests.

-Writing off 25% of the obligations for the period of 5-10 years, if the remaining amount is paid in installments within the year, also with the cancellation of fines and interests.

-And the cancellation of fines has been delayed for a period of 1-5 years, provided that the tax and contribution for that period are paid in full.

Thus, businesses will not only be able to be relieved of this old burden, but will also be able to correct previous financial statements and statements. For the voluntarily corrected difference between the old and the new declaration, the profit tax will be only 5%. The enterprise can commit to increasing the taxable profit by 18% compared to the previous year and any profit above this level will be taxed at only 5%.

"This is a new agreement, a meaningful agreement and a transparent agreement in order to strengthen the economy and, without question, also in order to facilitate companies and further growth of the economy ," Rama said. /CNA





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