The following information is valid and applicable until December 31, 2023, following the entry into force of the new Law No. 29/2023 On Income Tax. Please browse our website for more details and updated information at: https://alprofitconsult.al/tatime/
For every income declared in the Annual Individual Income Tax Return, the taxpayer, in case of a request from the tax authority, must submit the following documentation to the latter:
For gross income from wages or employment compensation, a certificate from the employer regarding annual income and withheld taxes on wages.
For gross income from dividends from participation in a commercial company or from business activities, copies of the decision of the partners' or shareholders' meeting approving the financial result and profit allocation.
For gross rental income, copies of the rental agreement and the document proving payment of income tax on rent;
for gross income and capital gains from the sale of real estate owned by the declarant, a copy of the contract and the document proving the payment of capital gains tax from the sale of real estate.
For gross income from bank interest, the bank document that proves this income.
For net capital gains, generated from investments in securities or real estate, copies of the investment contract and tax payment order;
for gross amounts won from lotteries or other gambling games, copies of the verification from the organizer of gambling games or lottery, for winning the amount of money won, and copies of the payment order from the organizer of the withholding tax, as the difference between the amount won and the amount played by the player.
For gross income from intellectual property, licenses, exclusive rights, and other assets, consisting solely of rights and lacking physical form, copies of licenses/permits and proof of withholding tax payment.
For capital gains from donations, copies of supporting documents to justify the origin of income and proof of paid tax.
Gross income earned outside the territory of the Republic of Albania, any supporting document justifying the origin of the income and the tax paid.
For other gross income not mentioned above, any document justifying the realization of income.
For sums of bank interest on loans taken out for education, for oneself or for children and dependents, copies of the contract with the bank, specifying that the loan taken is for education, as well as copies of the payment orders for bank interest paid during the year.
For the justification of deductible medical expenses for oneself or for children and dependents, for the portion not covered by compulsory health insurance, copies of invoices and payment orders made for medical treatment in health institutions up to the amount determined by the Decision of the Council of Ministers. no. 94, dated 9.2.2011.
In the case of the head of household or spouse completing the declaration, a copy of the certificate of family, issued by the civil status offices in the year the declaration is completed, shall be attached to the declaration.
Taxpayers' financial and accounting data and information are kept by at least 5 years, starting from the end of the tax year to which the documents belong.
Source: General Directorate of Taxes.