Project Budget of the Albanian Government for 2014

Our media approach aims at protecting your interest by expressing our reluctance on the Fiscal policies intended to be applied by focusing more on the risky effort to replace the flat tax with the progressive one.

We have made our opinion known loudly and clearly and shall continue doing so till the Government (this one and the future ones) appreciate the fact that they should make time for the business community and listen to our concerns which are based on proven expert advice.

We have elevated our advocacy by emphasizing the fact that the process of consultation has not been given the appropriate consideration and time as it should by a Government with good governance, while we are happy to remind the Government that one of the most specific promises of Mr. Rama during the electoral campaign was ‘not to take any important legislation without talking to people’.

We have emphasized that so far- the new draft budget does not present any kind of productive strategy in support of the business, but instead considers the business a its unlimited reserves to charge and use as seen fit. That is why we are still insisting to negotiate with the Government in regard to 2014 budget.

First of all, Albania is surrounded by regional countries which currently withhold an income taxation level of about 10%. If our Government applies the new progressive tax, the big business in Albania shall be taxed by more than 15% and consequently the country shall lose its market competitiveness compared to the foreign investors.