The General Directorate of Taxation reminds all taxpayers (commercial companies / legal entities) that the deadline for declaring and paying the withholding tax on dividends is August 20, regardless of whether or not the payment of dividends to the beneficiaries .
In the case of non-declaration or non-payment of dividend tax, the provisions of Law No. 9920, dated 19.05.2008 “On Tax Procedures in the Republic of Albania”, as amended, provide for: a penalty of 10,000 ALL for failure to submit a declaration of the withholding tax, as well as a penalty equal to 0.06% of the amount of unpaid debt on any day during which the payment has not been made.
The General Directorate of Taxation remains committed to informing taxpayers on the correct implementation of legislation, as well as for declarations by deadlines.
News Source: GDT