Yan Sun, an International Monetary Fund (IMF) representative, indicated in a news conference with the Minister of Finance and the Governor of the Bank of Albania that “the proposed law on fiscal amnesty can be deemed an insult to tax morale.”
“Fiscal amnesty includes amnesty from criminal prosecution for those who benefit from a waiver of interest and penalties. The fiscal amnesty measure should be changed to a voluntary self-declaration program. However, he must have met certain requirements in order to do so. That means a current tax administration system as well as a competent implementation technology. Furthermore, the tax administration must have demonstrated capabilities for the public and a trustworthy ability to disclose “, stated an IMF representative.
“The necessity for such a system is to provide the public confidence that tax evaders would be prosecuted and penalized. Another requirement is a framework to combat money laundering and terrorism financing , she added.