Meeting of FIAA’s Tax Committee and Double Taxation Draft Law

Meeting of FIAA’s Tax Committee and Double Taxation Draft Law

February 9, 2024
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FIAA Tax Committee members, under the leadership of Mrs. Alba Paparisto, during the monthly meeting of February had in its focus some of the main issues which are hampering the business operations. The committee agreed on collecting a list of top ten issues that need to be addressed at the government to ensure that Albania’s business climate remains attractive for foreign investors. This list will be the basis of FIAA’s negotiations with the government in the tax areas for the upcoming months.

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One important issue that has been raised many times by this committee, was “the implementation of agreements for the avoidance of double taxation from business” which was also addressed to the Minister of Finance, Mr. Ervin Mete during the launch of FIAA’s Business Environment Survey last October, has finally caught the necessary attention. The Ministry of Finance has prepared the draft law “On the implementation of agreements for the avoidance of double taxation and the prevention of fiscal evasion”, which is now in the consultation phase with the business community. FIAA appreciates this important step and is now working with its membership and its Tax Committee on preparing a set of recommendations to be shared with the Ministry of Finance.

This Draft Directive was drawn up with the aim of clarifying and facilitating the procedures for implementation of MTDs by taxpayers operating in Albania.