Tax Alert - 02 / 17

To keep you up-to-date with the latest economic and financial developments, this bulletin prepared by our Tax Team provides information that may affect the operation of your business in Albania.

Issue 02/17

New Amnesty Law

The Albanian Parliament passed on 30.03.2017 the Law no. 33/2017, dated 30.03.2017 "On Payment and Cancellation of Tax Obligations, Customs Obligations, and on the Procedure of Removal from Circulation of Vehicles after Cancellation of Tax Obligations" (the "Amnesty Law"). This Law is published in the Official Gazette no. 86, dated 21.04.2017, and entered into force on 06.05.2017.

The Amnesty Law provides for the payment and waiver of tax and customs obligations, as well as defines the procedure of removal from circulation of vehicles after cancellation of unpaid tax obligations.