Baku-APA. Albanian Prime Minister Edi Rama said at a meeting with tax administration officials on Saturday that the current tax legislation should be rewritten in a very near future, according to ATA, APA reports quoting XInhua.
According to the Premier, "the existing tax legislation, due the constant changes it has undergone, creates high potential discordances and conceptual disputes between the state and the taxpayers."
Rama said that the legal framework will be amended in cooperation with the International Monetary Fund (IMF) and leading international experts in this field. The Head of the Government also said that income tax legislation will be rewritten within the first six months of 2014.
Rama said completing the legislation appropriately requires close cooperation and full commitment of the tax administration and business community.
In his remarks, the Premier also pointed to the business concern over the delayed refund of the value added tax (VAT).
"The extreme delay in refunding VAT is unacceptable and we will refund it within 60 days to put an end once and for good to this epoch," Rama pledged, adding that failure to refund VAT has ruined private and national economy.
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