Albania plans to scrap VAT on imports of PV equipment

Albania plans to scrap VAT on imports of PV equipment Albania's Finance Ministry/All Rights Reserved.

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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