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Albania plans to scrap VAT on imports of PV equipment

Albania's Finance Ministry/All Rights Reserved.

TIRANA (Albania), April 17 (SeeNews) - Albania plans to abolish value added tax (VAT) levied on imports of photovoltaic equipment, finance and economy minister Arben Ahmetaj has said.

The standard VAT rate in Albania is 20%. Taxable transactions include goods and services supplied domestically as well as imports.

The plan will be discussed by the government this week, Ahmetaj said in a statement last Sunday.

 ($ = 0.80890 euro)

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