Businesses Continue to Avoid Taxation

Businesses Continue to Avoid Taxation

In the country, inequality still continues. Many of the businesses continue to flee state tax. A third of the businesses, according to the audience report, turn out to have no fiscal crates, KTV reports. Out of 66 thousand businesses about 20,000 don't own them. But their number is thought to be more [...]

Out of 66 thousand businesses about 20,000 don't own them.

But their number is thought to be greater, as the Kosovo Tax Administration does not have accurate data.

In this regard they have not been declared in ATK.

According to a finance ministry research, last year some 30 percent of the economy in the country has been released.

Musa Limani, professor of economics, shows that the move has great impact on the state budget, but also on business inequality.

For this, he says greater measures must be taken by the ATK Inspectorate, as well as to have co-operation between institutions.

In this regard, the American Economic Ode has also reacted.

Besides the lack of fiscal crates, the challenge remains to oversee this process.

Arian Zeka, director of the American Economic Ode, has said that what is most important in addition to completing fiscalisation is also monitoring business implementation, since many have fiscal cases but do not use it at all.

The process of fiscalization has also been highlighted in last year's audience report.

In it, it was requested by the General Director to provide control and take necessary measures to force businesses to be equipped with fiscal crates.

 

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