The introduction of Value Added Tax (VAT) will have a profound impact on the financial services sector in Albania, if the lawmakers will think about as a new horizon for budget revenues and with a wide ranging economic impact.(more…)
The main goal of small business taxation reform is to further participation in the formal economy and build a culture of compliance. Yet in Albania we do have important non-tax barriers to formalization. Minimizing compliance cost goes beyond taxation issues and...
The way we think about the industrial revolution, our grandchildren may well look back on the first quarter of the 21st century as the digital revolution.(more…)
There are multiple reasons for adopting VAT Automation. There is an increased complexity of Value Added Tax (VAT), regulatory pressure on risk management and control, increased attention to VAT by Tax authorities globally, too many transactions to maintain in control,...
