DPT with Major Taxpayers for Fiscalization Reform!

The General Directorate of Taxes is continuing its information campaign for businesses on the fiscalization process, the first phase of which went into effect on January 1 of this year.

For this reason, the Tax Administration held a meeting today with some of the representatives of the Major Taxpayers, present in person at the DPT while observing COVID-19 regulations, and online.

The purpose of this event was to inform and raise awareness among VIP companies about issuing invoices through the solutions. Certified Software, before legal obligations.

On July 1, 2021, fiscalization of cashless transactions between taxpayers, i.e., B2B, will begin, while on September 1, 2021, it will begin for cash transactions by taxpayers, or as it is otherwise known, B2C.

Regardless of the obligation to adopt the cash register system by the above deadlines, the Tax Administration wishes to clarify that all entities have the option to fiscalize their transactions before those deadlines.

Source: General Directorate of Taxes.


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About the author

Andi Haxhillari is an economist and the founder of AlProfit Consult, an accounting, tax advisory, and financial management firm in Tirana, established in 2015. For more than ten years, he has worked as an external economist for small and medium-sized businesses in Albania.

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