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Parliament adopted three new laws |
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AmCham informs its members that Tax Administration of Kosovo (TAK) has announced that three new laws have been approved by the Parliament of the Republic of Kosovo. In order to keep you updated with the new laws and regulations which may affect you, below please find a translated version of the TAK announcement which was published in all local dailies today.
Republic of KosovoGovernment of KosovoMinistry of Economy and FinanceTax Administration of Kosovo Announcement for Taxpayers Prishtina: 10/02/2010, Tax Administration of Kosovo announces that three laws have been approved by the Parliament of the Republic of Kosovo and enacted by the President: Law for Personal Income Tax, Law for Corporate Income Tax, and the Law for the Value Added Tax. The Law for Personal Income Tax No. 03/L-161, was approved by the Parliament of the Republic of Kosovo on December 29, 2009, and enacted by the President of the Republic of Kosovo, by decree No. DL-001-2010, on January 8, 2010. The Law for Corporate Income Tax No. 03/L-162, was approved by the Parliament of the Republic of Kosovo on December 29, 2009, and enacted by the President of the Republic of Kosovo, by decree No. DL-003-2010, on January 8, 2010. The Law for the Value Added Tax No. 03/L-146, was approved by the Parliament of the Republic of Kosovo on December 29, 2009, and enacted by the President of the Republic of Kosovo, by decree No. DL-002-2010, on January 8, 2010. The Law for Personal Income Tax and Law for Corporate Income Tax, were published in the Official Gazette No. 64 on February 1, 2010, and therefore, based on the provisions of the Constitution of the Republic of Kosovo, these two laws are applicable from February 16, 2010, while the Law for the Value Added Tax, was published in the Official Gazette No. 65 on February 5, 2010, and as such is applicable from February 21, 2010. The legal effects for all three laws will be from January 1, 2010. The Laws can be found on TAK Website, www.atk-ks.org |
