economic informality Archives

ALTAX Publishes its 14th Report on Tax Burden 2025 and Fiscal Freedom Day 2026 in the Western Balkans

ALTAX, a Fiscal and Economic Research Center in Albania today publishes its 14th annual report, an in-depth comparative analysis of tax burden and Fiscal Freedom Day in six Western Balkan economies. The report “Tax Burden 2025 and Fiscal Freedom Day 2026...

11/04/2026Newsalbania, economic informality, Fiscal Freedom Day, fiscal reform, fiscal simulation, formal employment, regressive VAT, social inequality, tax burden, tax structure, tax wedge, Western Balkans0 CommentsRead more...

Why do only a few Albanians declare their income, while spending like the rich?

In 2025, only 124 thousand individuals submitted the Individual Annual Income Declaration (DIVA) in Albania. This figure represents no more than 25–30% of individuals who have obligation based on the current law and especially on estimates for the active population with...

04/06/2025Newseconomic informality, fiscal inequality, income declaration, institutional gaps, luxury consumption, personal evasion, tax administration, unjustified wealth0 CommentsRead more...

Albania facing an economy outside the Banks

At a time when Albania appears in international reports as a country moving toward economic and fiscal modernization, a stubborn fact reveals the brutal contrast with this narrative: over €4.3 billion are outside the banking system – a 10% increase...

04/05/2025Blogbanking system, cash outside banks, construction sector, economic informality, fiscal evasion, informal economy, institutional failure., monetary policy, property market, trust crisis0 CommentsRead more...