Category

Taxes
01
June

The advance installment for a category of taxpayers is being reviewed, with a minimum expenditure of 30% initially included.

The General Directorate of Taxation has published the following announcement on its official website regarding the revision of profit tax installments for the category of...
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25
April

Review of prepaid income tax payments when income falls

Key points: The review of prepayments is allowed when the business anticipates that the year's tax will be significantly lower than that of the previous year.
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23
April

General Profit Tax Scheme: Legal Entity (Entity)

Read more at https://alprofitconsult.al/tatimi-mbi-te-ardhurat-e-korporates-dispozitat-e-llogaritjes-se-tatimit-mbi-te-ardhurat-e-korporates-ndryshimet-ligjore-pas-janar-2024/ for the determination of corporate income tax for individuals and here https://alprofitconsult.al/ndryshime-ligjore-tatimi-i-profesioneve-te-lira-nga-janari-2024/ for the determination of liberal professions.
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23
April

General income tax scheme: natural person

Read more at https://alprofitconsult.al/tatimi-mbi-te-ardhurat-personale-baza-tatimore-e-te-ardhurave-personale-dhe-dispozita-te-llogaritjes-se-llogaritjes-se-tatimit-ndryshimet-ligjore-pas-janar-2024/ for the determination of income tax for sole proprietorships and here https://alprofitconsult.al/ndryshime-ligjore-tatimi-i-profesioneve-te-lira-nga-janari-2024/ for the determination of freelance professions...
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22
April

Profit Tax Collection Arrangement (Legal Changes after January 2024)

Annual tax declarations. 1. Every person, subject to this law, is obligated to declare to the tax authority all income, whether it be...
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04
April

Inheritance, Gift, and Gambling Winnings Tax (Legal Changes after January 2024)

Chapter VI of this law applies to individuals and entities who are: a) residents in the Republic of Albania, who receive a gift...
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18
March

Corporate income tax: General provisions on determining profit: Tax on ownership changes for specific sectors (legal amendments after January 2024)

This article applies to entities that: a) hold rights to exploit mineral resources, rights to exploit hydrocarbon resources, or rights….
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20
February

Corporate Income Tax: General Provisions on Profit Determination: Depreciation, Inventory Valuation, Bad Debt, and Loss Carryforward (Legal Changes after January 2024)

Depreciation 1. For the determination of taxable profit, depreciation for business fixed assets is calculated and deducted from: a) the owner of the business assets, with...
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14
February

Law No. 4/2024 For the approval of the normative act, with the force of law, No. 7, Dated 14.12.2023, “On some additions and amendments to Law No. 29/2023, ‘On income tax’,” as amended

In support of Article 101 of the Constitution, upon the proposal of the Council of Ministers, the ASSEMBLY OF THE REPUBLIC OF ALBANIA DECIDES: To approve the normative act, with the force...
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12
February

Corporate Income Tax: General Provisions on Profit Determination: Part Three (Legal Changes After January 2024)

Deductible expenses Deductible expenses are all expenses incurred by a person subject to this law during the tax year, to the extent...
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