The change that affects the VAT Law is the treatment with reduced VAT rate of 10% of the supply of agricultural inputs (except for agricultural genetic modifiers). However, the list of categories of agricultural inputs will be determined later in time. This measure is expected to contribute to reducing informality, strengthening the economy, and ensuring the guarantee of agricultural products.
Source: mondaq.com
Latest Posts in "Albania"
- Albania Introduces Pre-Filled VAT Returns for Streamlined Reporting Starting April 2025
- Albania Needs New Fiscal Rules for Stability and Fairness in Budget Management
- Understanding VAT Rules for Service Exports from Albania: When to Charge 0% or 20% VAT
- Albanian Tax Administration Clarifies Invoice Exemption for Legally Registered Street Vendors
- Tax Administration Introduces Pre-Filled VAT Declarations for April 2025 E-Filing System