Published on September 3, 2015 13:24
After entry into force of the new fiscal package and Administrative Instructions No. 03/2015 on applying the Law on Value Added Tax, the Tax Administration of Kosovo has undertaken all actions to provide services on applying new fiscal package.
TAK staff in all regional offices of the Service and Education Department for the taxpayers is in full willingness to provide necessary clarifications about legal changes.
Also the Tax Administration of Kosovo has notified continuously the taxpayers for the content of new fiscal package and will continue to deliver seminars for the taxpayers and all business community to inform them about applying the laws particularly for the changes done on the Law on Value Added Tax. (more…)
Published on September 1, 2015 13:14
Starting from today, September 01, 2015 begins the implementation of the new fiscal package, such as:
- Law No. 05/L-037 on Value Added Tax
- Law No. 05/L-028 on Personal Income Tax
- Law No. 05/L-029 on Corporate Income Tax and
- Law No. 05/L-043 on Public Debt Forgiveness
Minister of Finance has signed Administrative Instruction No. 03/2015 for the implementation of the Law on Value Added Tax, which is applicable from today.
Administrative Instruction No. 03/2015 on VAT, except other explanations includes also the Annex 1, which contains items that will be taxed at the reduced rate of 8%.
All taxpayers who are declarers of VAT, starting from today, September 01, 2015 must apply the rate of 8% and 18%, depending on the supply of goods or services. (more…)