Contrary to what was announced by Prime Minister Edi Rama, the revaluation of real estate for the purpose of reducing the capital gains tax on sales will not be possible until January 2025. Last July, Rama said the tax would be reduced from 15% to 5% and that the law would come into effect at […]
Real estate sales: Parliament postpones tax cut to 2025 Read More »
The cut tax in the real estate revaluation is due to come into force at the end of September, but the rate will not be the one proposed in Parliament by Socialist MP Blerina Gjylamenti on May 15, namely 3%. During the recent meeting with mayors, Prime Minister Edi Rama said that the new law
Real estate sales: tax cut still under discussion Read More »
In 2021, the new law relating to the tax on the operating profit of legal entities entered into force in Albania. It provides tax exemption for all subjects with an annual turnover of up to 14 million lek (approximately 120,000 Euros) and the rate of 15% for subjects with higher turnover. The legislation provides the
The Albanian tax system: zero tax for small businesses Read More »