The Normative Act has been published in the Official Gazette, aiming to reimburse the installments paid in advance for income tax for the category of self-employed professionals who pay those installments.
Reimbursement beneficiaries
Self-employed individuals and entities with gross annual revenues of up to 14 million lek that provide professional services as defined by law and the relevant decisions.
Refund of installments
Advances or installments paid/generated under Article 63 will be refunded or canceled by the tax administration by December 30, 2024.
Reimbursement mechanism
The installment amounts will be credited to the appropriate income class and transferred to the taxpayer's bank account through the treasury branch.
Procedural rules
The Director General of Taxation will approve the internal regulations for the implementation of the provision.
Normative Act
No. 4, dated November 27, 2024
For an amendment to Law No. 29/2023, “On Income Tax,” as amended
In support of Article 101 of the Constitution, on the proposal of the Minister of Finance, the Council of Ministers
SET:
Article 1
After paragraph 5 of Article 69, “Transitional Provisions,” of Law No. 29/2023, “On Income Tax,” as amended, paragraph 6 is added, with the following content:
“6. Advance payments/installments paid or generated in accordance with Article 63 of this law by self-employed persons, as well as entities with gross income of up to 14 million lekë per year that provide professional services in accordance with the provisions of paragraph 1 of Article 4 and analytical table no. 2, of Council of Ministers Decision No. 753, dated December 20, 2023, “On the implementing provisions of Law No. 29/2023, ‘On Income Tax’,” repealed by Decision No. 52, dated June 27, 2024, of the Constitutional Court of the Republic of Albania, shall be refunded to taxpayers or removed by the tax administration by December 30, 2024.
The total amount of installments paid will be reflected in the appropriate revenue class and, through the treasury branch, the tax administration will issue the refund to the taxpayer's bank account.
The Director General of Taxes, by internal act, approves the procedural rules for the implementation of this provision.
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