Albanian Tax INSIGHT – Changes in Income Tax, VAT and Tax Procedures Laws

Just before the year ended 2012, the Albanian Parliament has approved several amendments and changes in taxlegislation, which the most important ones are summarized in this news letter. Additions and amendments to Law no. 8438, dated 28.12.1998 ‘On Income Tax’ Income excluded from the calculation of income tax: Benefits to the compensation received by final decisions of the courts, as well as certain compensation for court costs; Income earned from state institutions for…