Tuesday, February 7, 2012

Tirana decides, tax for Albanian emigrants



Tax for Albanian emigrants
The new law for the personal income statement obliges even Albanian emigrants to declare the income from their work in emigration, when they create incomes even in Albania.

The implementation of this law is obligatory also for those emigrants who are fiscal residents in Albania, who live in Albania less than 183 days per year. Albania has a tax agreement with most of the main countries where the Albanians have emigrated.

This means that the emigrants that work in the formal market and who have paid taxes in the emigration country, do not pay additional taxes when they make the personal income statement in Albania.

But this measure could create another problem. Many of the Albanian emigrants work in the black market, and are unable to document their income. According to the government, the amnesty law for the emigrants has enabled them to declare their incomes in the countries where they work, with a tax of 3% of the value.

After amnesty deadline, each emigrant who will declare his income will have to pay a 10% tax in Albania. The realization of this measure seems difficult for the moment.

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