AmCham Meets with Insurance Companies

Prishtina, April 21, 2017 – AmCham Kosovo organized a meeting with insurance companies and Nexhat Miftari, Director of Insurance Supervision Department.

Discriminatory practice of taxation on insurance companies, thus imposing a 5% tax on income was on focus of discussion in this meeting. During this meeting CBK representative said that CBK has already discussed this issue with relevant public institutions as well as with the International Monetary Fund and that it is willing to amend with law. Also, during the meeting was emphasized that the pressure towards Ministry of Finance and other stakeholders needs to be increased in order for this change to happen as soon as possible.

AmCham expressed its willingness to help push this process further.