- Accelerated depreciation of investments and tax relief for Exporters
- News on depreciation, depreciation of assets, exporters, investments, exchange rate, tax relief, expenses, technology
- In the context of the exchange rate crisis, there has been no movement from the government regarding the requested 40% depreciation of investments until the beginning of 2025
- Accelerated depreciation is seen as a hindrance for businesses, especially those that have invested in infrastructure and modern technology
- Allowing businesses to depreciate up to 40% of their investments in a year can help improve liquidity and reduce tax burden
- Businesses can see a quicker return on expenses made during the depreciation period
- Allowing businesses to depreciate up to 40% of their investments in a year can help ensure that investments can be paid off more quickly, reducing the tax burden on businesses in the investment year.
Source: altax.al
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.