More than 223,000 taxpayers benefit from 465 million euro tax debt write-off

TIRANA, Nov 9 /ATA/ – More than 223,000 taxpayers have so far benefited from the government’s tax amnesty law, with a total of 465.1 million euros in tax liabilities written off, the General Directorate of Taxes said on Monday.

Value-added tax (VAT) accounted for the largest share of the write-offs, at around 145.1 million euros, followed by corporate income tax liabilities at approximately 141.9 million euros, according to the tax administration.

The measure also covered outstanding social and health insurance contributions, withholding tax, simplified profit tax and personal income tax liabilities.

The tax administration said the law aimed to ease the burden of accumulated tax debts on businesses and individuals, provide taxpayers with greater financial flexibility and improve relations between taxpayers and fiscal authorities.

It added that it would continue providing information and assistance to taxpayers to ensure the process remained clear and transparent.

/r.e/u.sh/

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