TIRANA, January 5 – The Fiscal Peace agreement entered into force on 1 January. The scheme offered large businesses a voluntary arrangement with the tax administration. In exchange for advance tax payments on an increased base, companies avoided tax audits and adjusted financial statements without penalties.

Economist Klodian Muço first referred to unpaid liabilities accumulated before 2024. He said these obligations accounted for about 68% of total tax debt. Muço explained that authorities could address these liabilities pragmatically, as many related to bankrupt companies that no longer operated.

He then focused on entities benefiting from a reduced 5% payment for liabilities generated after 2014. Muço noted that the measure supported businesses facing accumulated obligations. At the same time, he underlined the importance of ensuring equal treatment for companies that had consistently met their tax duties.

Muço also addressed the option to revise financial statements for the last three years. He said the measure allowed businesses to regularize past informality. He added that this process contributed to higher revenues for the state budget. However, he stressed the need for careful monitoring to preserve transparency and system integrity.

The economist highlighted the construction sector as one of the most affected by the scheme. He explained that advance sale and conditional sales contracts allowed companies to shift payments and revenues over time. According to him, this structural feature required close oversight.

In conclusion, Muço said fiscal agreements required clear rules and consistent enforcement. He explained that predictable policies strengthened tax compliance and supported a culture of regular tax payments.

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