Question An individual owns several apartments and wants to pay as little property and rental income taxes as possible, in a completely legal manner. Which form of registration is the most acceptable and efficient for tax purposes? Answer The optimal choice depends on the...
In line with real estate market trends, without any consultation with the public and interest groups, referring to Article 102 of the Constitution (Powers of the Prime Minister), the Minister of Economy, Culture and Innovation has issued
The government has approved new average market prices for housing. Compared to 2023, prices have increased in large cities and coastal areas, which are not classified as cities. The government's setting of apartment price benchmarks raises several important questions regarding the...
Municipalities collect their own revenues in two forms: (a) as revenues collected directly by the municipality, as an activity of the municipality, and (b) as revenues collected from the central level (in the following text, indirect revenues) which are transferred...
In the meeting with deputy Minister of Finance, Mrs. Vjero, the highest level responsible for fiscal policies in the country, as well as the General Director for wealth tax, Mr. Sahitaj as well as the drafting staff of the draft...
In a precise definition of the term, the reference price is known as the price that users compare with the price of the completed civil or industrial construction site of a competitor/s or the previously announced price and their average...
Payments as obligations in the case of the transfer of the right of ownership of the apartment/dwelling linked with the transaction between the parties are on the seller's account. The seller The individual who transfers[1] the right of ownership over...
A report published in the United States in 2014 concluded that property tax is often identified as taxpayers' "most hated tax," surpassing both income tax and sales tax in their low estimation. Not that governments seem to be aware of...
Comprehensive property tax reform in Albania is generally acknowledged to be a technically complex and data intensive process, typically involving interaction and coordination between many agencies at both the central and local level. The present property tax in Albania is fairly...
House price volatility is important contributor to macro financial stability. Developments in the housing market have been at the heart of the global crisis, prompting a debate on alternative policy responses. On the other side, housing market has important implications...
