On the key amendments to the law “On national taxes”

Following the information on the Fiscal Package 2019, the General Directorate of Taxes would like to inform all taxpayers on the key amendments to the Law No. 9975, dated 28/07/2008 “On national taxes”, as amended.

More specifically:

• The percentage of the mineral royalties for the content of metal mineral in the mineral by-product shall be as:

- 3/7 of the royalty rate for 2019,

- 3/8 of the royalty rate for 2020,

- 1/3 of the royalty rate for 2021 and on-going.

• The percentage of the mineral royalties for “Chrome minerals for export” shall be:

- 7% as of 1 January 2019,

- 8% as of 1 January 2020,

- 9% as of 1 January 2021 and on-going.

• The carbon tax shall not be paid for the quantities of gasoline and gasoil exported.
• The tax on plastic materials/items and plastic packaging imported, shall be 35 ALL/kg, excluding raw materials in primary condition.
• The tax of glass packaging on packaging imported and manufactured domestically, shall be 5 ALL/kg
• The tax of raw materials in primary condition imported and used for domestic manufacturing of plastic products, shall be 25 ALL/kg.

The General Directorate of Taxes shall continuously inform the taxpayers of every range of turnover on the amendments to the tax legislation.