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Voxpress:

Albania is a "haven" for LUXURY cars with owners who have not declared their income!

2025-05-28 23:00:53Aktualitet SHKRUAR NGA REDAKSIA VOX

 

Albania is a "haven" for LUXURY cars with owners who have not declared

The Specialized Control Directorate at the Tax Administration has announced the launch of controls on luxury vehicles purchased by individuals not registered with the tax authorities.

According to the announcement of the financial authorities, referring to data made available by the General Directorate of Road Transport Services, it results that 400 vehicles were purchased during 2023-2024 by persons who have no declared income.

The Tax Administration suggests that individuals declare the income used to purchase these assets in order to avoid penalties.

All individuals who own luxury vehicles will be included in the process of verifying the income declared to the tax administration, the compliance with the value of the assets owned, and the supporting documentation of the financial source.

On the other hand, financial authorities explain that taxpayers who do not pay their obligations on time risk having their personal or business vehicles impounded.

The Tax Administration has signed an agreement with the DPSHTRR, based on which it is possible to search for data on taxpayers' assets in real time in the tax system.

All taxpayers, in accordance with the legislation in force, must meet the deadline for the payment of all tax obligations, otherwise the tax administration will impose security measures on the assets and will implement all collection procedures by force.


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