Albania introduces windfall tax on electricity producers

Albania and Lithuania signed an income and capital tax treaty on 25 May 2026, according to a release from Lithuania’s Ministry of Foreign Affairs. The agreement seeks to prevent double taxation and fiscal evasion between the two nations. The

Albania has ratified the Multilateral Convention to Facilitate the Implementation of the Pillar Two Subject to Tax Rule (STTR MLI) through Law No. 45/2026, published in the Official Gazette on 20 May 2026. The law gives effect to Albania’s

Albania’s parliament is reviewing a draft law, submitted on 9 March 2026, aimed at ratifying the Multilateral Convention to Facilitate the Implementation of the Pillar Two Subject to Tax Rule (STTR MLI). Albania signed the STTR MLI on 23

Albania's Council of Ministers adopted Decision No. 113 on 27 February 2026, which officially replaced the previous Decision No. 613 from 29 July 2020. The new regulation appeared in the Official Gazette No. 49 on 5 March 2026. The decision

Albania has published Law No. 79/2025 in the Official Gazette No. 11 of 15 January 2026, amending and supplementing Law No. 9920 of 2008 on tax procedures. A key change provides that where a taxpayer fails to submit a VAT return by the deadline,

The Albanian government has approved amendments to the Income Tax Law and VAT Law under Law No. 79/2025, published on 15 January 2026. The standard period for amending annual individual income tax returns has been reduced from 36 to 24 months.