Businesses present proposals for new taxes
The business community came up with a series of requests regarding the fiscal package for the next year. The propositions affect the main taxes, from VAT to income taxes. The community wants every business to be involved in the VAT scheme, but for those with an annual turnover of 10 million ALL, the tax should be at 0%. Another proposition with a huge budget impact, according to the business associations, is the changed income tax. As for the tax on profit, businesses want a progressive tax.
Source: Vizion Plus/Ora News