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 »
The Albanian government has presented a proposal to Parliament to restart the property revaluation process, align housing prices with current market values and reduce tax on home sales from the current 15% to 3%. The proposal includes apartments, commercial units and land owned by both private citizens and businesses. If the bill is approved, the
Proposal to reduce tax on home sales from 15 to 3% 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 »