On 17 April 2014, the Albanian Parliament approved the Law on Tax Amnesty for Penalties Imposed as a Result of Tax Inspections Performed during the Period 1 March – 31 August 2013.
Tax penalties assessed or booked in the registers of the tax authorities in the indicated period will be forgiven.
The same applies for penalties assessed in this period for non-declaration (or late declaration) of employees, non-installation of fiscal equipment and non-issuance of fiscal cash register receipts.
The amnesty is limited to the above mentioned penalties and does not include tax liabilities, relating to late payment interest as well as penalties assessed for infringements of the Law “On Tax Procedures” generated automatically by the information database system of the tax authorities.
This law has been published on the Official Gazette of May 14, 2014 and enters into force 15 days after the publication.
Based on the Law, taxpayers that have already paid the penalties as described by the law will be fully reimbursed. The refund procedure will be regulated with an instruction of the Ministry of Finance and the Ministry of Economic, which is expected to be available soon.