| Title | Zero Taxes for Startups in Albania | |
| Date | Wednesday November 25 2015, @12:54AM | |
| Author | cmn32480 | |
| Topic | ||
| from the US-should-follow-suit dept. | ||
The Prime Minister of Albania Edi Rama announced on a press conference that the government has cut taxes to zero for small businesses whose annual turnover is between 0 – 50.000.000 Albanian LEK, or around 36,400 Euros.
"All businesses that have an annual turnover no more than 36,000 Euros in a fiscal year, will not pay any tax. While any other business that has a turnover between 36,000 – 58,200 Euros (Approximate value), while remain subject to VAT, while the tax on profit while drop from 7.5% to 5%.
Shqip should be easy enough to learn...
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printed from SoylentNews, Zero Taxes for Startups in Albania on 2024-04-20 03:42:02