Albanian Tax INSIGHT – Changes in Income Tax Law

Albanian Council of Ministers on 30/05/2012 approved proposed changes in the Law on Income Tax in relation to prepayment of Corporate Income Tax. Starting from 01/01/2013 all entitites subject to Corporate Income Tax are required to make prepayments quarterly as follows: 30-th March, 30-th June, 30-th September and 30-thDecember. The existing law has a requirement to make…