Although Law No. 87/2019 "On electronic invoice and the turnover monitoring system” (known as the law on fiscalization) was published in the official gazette in January 2020, penalties for non-compliance with the law on fiscalization were postponed for a limited category of taxpayers until 30th June 2022.
Start of penalty execution for non-compliance with fiscalization rules in Albania
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Albania
Author: Kristina Dosen
Category:
Fiscal subject related
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632
Content accuracy validation date:
04.07.2022
Content accuracy validation time:
08:21h
As a reminder for taxpayers, from June 30th, 2022, penalty execution for noncompliance with fiscalization rules will be applied to:
- Taxpayers registered for the simplified corporate income tax on small businesses that are not registered for VAT and carry out only cash sales to final customers who are nontaxable persons;
- Taxpayers that supply water to final consumers;
- Taxpayers operating in the regulated electricity sector; and
- Banks or financial institutions concerning the notification of e-invoice payments issued by taxpaying entities.
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