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Albania

Albania signs double tax treaty with UK

Albania/May 2013 On March 26 2013, Albania and the UK signed a double tax treaty on income and capital. The treaty generally follows the OECD model convention. The withholding tax at source for dividends is set at 5% if the…

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Albania

New Fiscal Package Brings Changes

Albania/March 2013 Last December, Albanian Parliament approved a fiscal package which affects VAT, income tax, tax procedures, excise and customs tariffs. The change that the VAT law undergoes has to do with VAT exemptions. Concretely it is the law no:…

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Albania

M-Tax and E-Payment Inaugurated in Albania

Albania/March 2013 In February 2012, the Albanian government inaugurated two innovative services, M-tax and e-payment intending to save taxpayers’ time, costs as well as to increase transparency and efficiency of the Albanian tax administration. M-tax is a ALL13 million investment…

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Albania

Priority to Cash Registers to Cut Down on Fiscal Evasion

Albania/February 2013 The installation of the cash registers and their use is becoming very important in Albania given the efforts to consolidate the free competition rules in the market as well as fighting the fiscal evasion. The installation of the…

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Albania

What is attractive about Albania beyond the 10% flat tax

Albania/February 2013 Albania has been applying an attractive flat tax of 10% since 2008. The same flat tax is approximately implemented in the last decade by most of the regional countries. Thus, the question naturally arises: Since most of the…

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