Article
New Draft Law on Income Tax
Summary of changes 28 August 2015
By the end of July, the Ministry of Finance has circulated amongst the groups of interest the Draft Law on Income Tax, inviting for comments and suggestions until the end of August 2015. This Draft Law covers all types of income taxes: Personal Income Tax (PIT), Corporate Income Tax (CIT) and Withholding Tax (WHT). This Draft Law is expected to be part of the 2016 Fiscal Package and enter into force as of 1 January 2016.
Download the Summary of Changes
The Tax and Legal Department of Deloitte Albania has prepared a technical analysis of the main changes presented by the Draft Law compared to the Current Law "On income tax" no. 8438, dated 28.12.1998, as amended. It is worth pointing out that this merely a draft and subject to discussions and further approvals. As such, we suggest that taxpayers provide their comments, suggestions, and concerns to such groups of interest (i.e., Chambers, Tax Advisors, etc.) including Deloitte professionals in order to bring them to the attention of the decision makers. The following summary does not contain any comments or opinions of Deloitte Albania in relation to these changes.
Draft Law on Income Taxes
