The Tax Administration of Kosovo hereby wants to remind the citizens that it has issued the Public Explanatory Decision No. 02/2019 on Tax Treatment of Long-Term Construction Contracts on February 2019.
The purpose of this Public Explanatory Decision is to clarify tax treatment in terms of Value Added Tax (VAT), Personal Income Tax (PIT) and Corporate Income Tax (CIT) related to long-term construction contracts.
This Public Explanatory Decision applies to persons engaged in construction activities, namely taxpayers who deal with long-term construction projects and contracts.
TAK, in cooperation with the IMF, in implementation of the project “Compliance in the Construction Sector”!
Tax Administration of Kosovo