2024 Government Initiative: Streamlining Tariffs and Tax Policies

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2024 Government Initiative: Streamlining Tariffs and Tax PoliciesThe Albanian government plans to phase out reduced tariffs and tax exemptions over the next two years. In an official document addressing the alignment of Albanian legislation with European Union directives, the government acknowledges the ongoing challenge of harmonization. The document outlines priorities and plans until 2030, emphasizing the need to streamline tax … Read More

Corporate Income Tax / Legal changes after January 2024

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Corporate Income Tax / Legal changes after January 2024Starting from January 2024 related party transactions must adhere to market principles. If the conditions of taxable profits from controlled transactions align with those that would apply between independent parties in similar circumstances, they are considered in line with market principles. Rules and procedures for implementing these guidelines are approved under the … Read More