{"id":39060,"date":"2022-06-27T17:06:26","date_gmt":"2022-06-27T15:06:26","guid":{"rendered":"https:\/\/euronews.al\/en\/?p=39060"},"modified":"2022-06-27T17:08:22","modified_gmt":"2022-06-27T15:08:22","slug":"fiscal-amnesty-risks-money-laundering-amcham-defies-government-initiative","status":"publish","type":"post","link":"https:\/\/euronews.al\/en\/fiscal-amnesty-risks-money-laundering-amcham-defies-government-initiative\/","title":{"rendered":"Fiscal amnesty risks money laundering, AmCham defies government initiative"},"content":{"rendered":"<p>The American Chamber of Commerce is against an initiative on fiscal amnesty as it believes it triggers money laundering and fiscal evasion.<\/p>\n<p>\u201cIt creates a fertile ground for money laundering and fiscal evasion\u201d, said the President of the American Chamber of Commerce in Albania, Enio Jaco.<\/p>\n<p>Jaci also emphasized that the move, if adopted, undermines market competition.<\/p>\n<p>\u201cIt distorts competition among businesses who regularly pay their taxes and those who hide their revenue\u201d, said Jaco.<\/p>\n<p>The American Chamber of Commerce in Albania called on the government to reflect on its battle against corruption and the full reformation of the procurement system.<\/p>\n<p>\u201cThere should be Open Data for businesses who win public procurements, and their connections with state officials. Perhaps it seems a bit too radical, but we have to consider the current state of things\u201d, he added.<\/p>\n<p>The Business Climate Index published annually by AmCham noted a deteriorating situation for the past three years.<\/p>\n<p>Businesses called on the executive to refrain from altering fiscal laws on a regular basis, referring to the new initiative on the Income Tax law.<\/p>\n<p><strong>YOU MIGHT ALSO LIKE<\/strong><\/p>\n<ul>\n<li class=\"title-post\"><strong><a href=\"https:\/\/euronews.al\/en\/albania\/2022\/04\/20\/e179m-entered-albania-from-fiscal-heavens-in-2021\/\">\u20ac179M entered Albania from fiscal havens in 2021<\/a><\/strong><\/li>\n<li class=\"title-post\"><strong><a href=\"https:\/\/euronews.al\/en\/programs\/shock\/2022\/04\/14\/bushati-casts-doubt-over-real-intentions-behind-fiscal-amnesty-for-immigrants\/\">Bushati casts doubt over real intentions behind fiscal amnesty for immigrants<\/a><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The American Chamber of Commerce is against an initiative on fiscal amnesty as it believes it triggers money laundering and fiscal evasion. \u201cIt creates a fertile ground for money laundering and fiscal evasion\u201d, said the President of the American Chamber of Commerce in Albania, Enio Jaco. Jaci also emphasized that the move, if adopted, undermines [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":39061,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[153],"tags":[270,1676,1236,150,151,1273,1677],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Fiscal amnesty risks money laundering, AmCham defies government initiative - Euronews Albania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/euronews.al\/en\/fiscal-amnesty-risks-money-laundering-amcham-defies-government-initiative\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fiscal amnesty risks money laundering, AmCham defies government initiative - Euronews Albania\" \/>\n<meta property=\"og:description\" content=\"The American Chamber of Commerce is against an initiative on fiscal amnesty as it believes it triggers money laundering and fiscal evasion. \u201cIt creates a fertile ground for money laundering and fiscal evasion\u201d, said the President of the American Chamber of Commerce in Albania, Enio Jaco. Jaci also emphasized that the move, if adopted, undermines [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/euronews.al\/en\/fiscal-amnesty-risks-money-laundering-amcham-defies-government-initiative\/\" \/>\n<meta property=\"og:site_name\" content=\"Euronews Albania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/euronews.al\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-27T15:06:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-27T15:08:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2022\/06\/289098133_5472176446174594_4959779042850979015_n.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\n\t<meta property=\"og:image:height\" content=\"1152\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Euronews Albania\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@euronewsalbania\" \/>\n<meta name=\"twitter:site\" content=\"@euronewsalbania\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Euronews Albania\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/euronews.al\/en\/fiscal-amnesty-risks-money-laundering-amcham-defies-government-initiative\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/euronews.al\/en\/fiscal-amnesty-risks-money-laundering-amcham-defies-government-initiative\/\"},\"author\":{\"name\":\"Euronews Albania\",\"@id\":\"https:\/\/euronews.al\/en\/#\/schema\/person\/40904b56ee024949b80be8199e47e27d\"},\"headline\":\"Fiscal amnesty risks money laundering, AmCham defies government initiative\",\"datePublished\":\"2022-06-27T15:06:26+00:00\",\"dateModified\":\"2022-06-27T15:08:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/euronews.al\/en\/fiscal-amnesty-risks-money-laundering-amcham-defies-government-initiative\/\"},\"wordCount\":210,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/euronews.al\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/euronews.al\/en\/fiscal-amnesty-risks-money-laundering-amcham-defies-government-initiative\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2022\/06\/289098133_5472176446174594_4959779042850979015_n.jpg\",\"keywords\":[\"albania\",\"American Chamber of Commerce\",\"fiscal amnesty\",\"Kryesor 1\",\"Kryesoret\",\"money laundering\",\"tax evasion\"],\"articleSection\":[\"Albania\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/euronews.al\/en\/fiscal-amnesty-risks-money-laundering-amcham-defies-government-initiative\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/euronews.al\/en\/fiscal-amnesty-risks-money-laundering-amcham-defies-government-initiative\/\",\"url\":\"https:\/\/euronews.al\/en\/fiscal-amnesty-risks-money-laundering-amcham-defies-government-initiative\/\",\"name\":\"Fiscal amnesty risks money laundering, AmCham defies government initiative - 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