Post by account_disabled on Jan 24, 2024 7:16:57 GMT
All undeclared cash or immovable assets will be able to be declared after the tax amnesty comes into force. The new draft for fiscal and criminal amnesty for the voluntary declaration of assets has been submitted for consultation and will benefit immigrants, Albanian residents, businesses and foreign citizens who are taxpayers in Albania. Only functionaries and high officials, politiciansThe government's initiative for fiscal and criminal amnesty, previously opposed by the International Monetary Fund and the European Union, was put up for public consultation a few weeks ago. according to the document, the beneficiaries of the voluntary declaration are Albanian citizens, regardless of whether they live in the country or not, and resident foreigners, regardless of citizenship.
This law was launched two years ago. Fiscal and criminal amnesty Job Function Email Database for non-declaration of assets The government's initiative foresees a full fiscal amnesty (unpaid obligations due to non-declaration of income are forgiven) but also criminal (exempting them from tax investigation and criminal proceedings for hiding assets). In the revised draft law, unlike the first draft, the limitation is set that the movable and immovable property that is allowed to be declared voluntarily must not exceed the maximum value of 2 million euros. All entities that have the legal obligation to declare assets, pursuant to the law, "On declaration and control of assets, financial obligations of elected officials and some public servants", as amended, will not be able to declare hidden assets. as well as the persons in the composition of their family certificate (politicians, ministers, deputies, president, judge, prosecutor, etc.
Excluded from amnesty benefits are all subjects of the law on the prevention of organized crime and trafficking, individuals who have been declared or are in the process of being declared for financing terrorism. Those entities for which criminal proceedings have been initiated for tax and customs evasion do not benefit. Special Unit for voluntary asset declaration According to the draft, in order to carry out the declaration of wealth, the Unit for the Supervision of the Voluntary Declaration of Wealth will be established, which is subordinate to the Director General of Taxes. This unit, which will be organized and will operate by order of the Ministry of Finance, will have to ensure the preservation of the confidentiality of the information it has from the voluntary declarants, and at the same time it must receive information from many institutions involved in the voluntary declaration process.
This law was launched two years ago. Fiscal and criminal amnesty Job Function Email Database for non-declaration of assets The government's initiative foresees a full fiscal amnesty (unpaid obligations due to non-declaration of income are forgiven) but also criminal (exempting them from tax investigation and criminal proceedings for hiding assets). In the revised draft law, unlike the first draft, the limitation is set that the movable and immovable property that is allowed to be declared voluntarily must not exceed the maximum value of 2 million euros. All entities that have the legal obligation to declare assets, pursuant to the law, "On declaration and control of assets, financial obligations of elected officials and some public servants", as amended, will not be able to declare hidden assets. as well as the persons in the composition of their family certificate (politicians, ministers, deputies, president, judge, prosecutor, etc.
Excluded from amnesty benefits are all subjects of the law on the prevention of organized crime and trafficking, individuals who have been declared or are in the process of being declared for financing terrorism. Those entities for which criminal proceedings have been initiated for tax and customs evasion do not benefit. Special Unit for voluntary asset declaration According to the draft, in order to carry out the declaration of wealth, the Unit for the Supervision of the Voluntary Declaration of Wealth will be established, which is subordinate to the Director General of Taxes. This unit, which will be organized and will operate by order of the Ministry of Finance, will have to ensure the preservation of the confidentiality of the information it has from the voluntary declarants, and at the same time it must receive information from many institutions involved in the voluntary declaration process.