- In July 2020, the Ministry of Finance and Economy drafted the bill “On fiscal and penal amnesty for entities making a voluntary declaration of assets,” even before it was sent to Parliament for approval.
- The draft law provided exemptions for high-ranking state officials and individuals with criminal records, as well as three tax brackets of 51%, 71%, and 101% depending on the speed of voluntary disclosure.
- This text was not approved as it was. The process continued beyond 2020, with significant discussions and changes, until it was finalized into the law currently in effect.
- For the terms and rates that apply today, rely on our updated guide, not this 2020 draft bill.
In July 2020, the Ministry of Finance and Economy drafted the bill “On Fiscal and Penal Amnesty for Entities That Make a Voluntary Declaration of Assets,” with the aim of quickly submitting it for approval to the Assembly. This was an intermediate stage of the process, following the April 2020 political announcement and before the law as it is known today.
From our daily work, we see that some clients still confuse the text of this draft bill with the current law, believing that the terms or percentages proposed back then are the ones that apply today.
Read also: Fiscal Amnesty 2026 and Forgiveness of Tax Penalties: Complete Guide under Law No. 86/2025, for the current conditions, and Fiscal amnesty: from the 2020 promise to today's law in effect., for the entire course of the process.
What did the July 2020 draft law provide?
Proposed beneficiaries and exclusions
According to the text at the time, Albanian citizens would benefit regardless of place of residence, as would natural and legal persons who are tax residents in Albania. Excluded were senior state officials, from the president and prime minister to civil servants, prefects, directors, prosecutors, judges, and police chiefs, as well as individuals with criminal records or accused of financing terrorism.
The three proposed tax brackets
The draft law provided for a tax of 5% on declarations submitted within four months of the law's entry into force, 7% for the second quarter, and 10% for the third. These were figures proposed at that stage of the draft, not necessarily those that were ultimately adopted.
Every time there is a tax or financial change that affects your business, we notify you directly by email with a practical explanation.
Send me free notificationsWhy does it matter today?
The final text was changed; the current law is No. 86/2025.
The July 2020 draft law was not immediately enacted into law. The debate continued, with reservations from international institutions regarding money laundering controls, until the fiscal amnesty was finalized in the form of Law No. 86/2025, with conditions and percentages that may differ from the original proposal.
How we handle this with our clients
When a client brings us this draft bill or similar figures, we immediately clarify that it refers to a historical stage and direct them to the provisions of the current law in effect.
Frequently asked questions
Was the draft law approved as originally planned?
Not as a final text. The process continued and was later finalized into the law currently in effect, with revised conditions.
Where can I find the current terms of the tax amnesty?
To Our complete guide to the 2026 fiscal amnesty, based on Law No. 86/2025.
