Tax Alert 2016

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.

2016 Fiscal Package

Several amendments of the tax legislation ("2016 Fiscal Package"), approved by the Parliament by mid of December 2015, have been now published in the Official Gazette. Below we present a summary of the most important amendments introduced by the 2016 Fiscal Package.

Amendments to Law no. 9975, dated 28.07.2008 "On National Taxes"

The new law no. 141/2015 "On Some Amendments and Additions to Law no. 9975, dated 28.07.2008 "On National Taxes" introduces a new national tax and also changes the rates and method of calculation for some existing taxes.