News

42
January 20, 2019

On 1 January 2019, Albania’s Income Tax Act was amended with respect to imposition of new rules on the indirect transfer of ownership of assets situated in Albania. The new rules deal with the taxation of gains arising from such indirect asset transfers. An indirect transfer occurs when an Albanian company owning assets in Albania decides to sell said assets to a third party, but such third party merely purchases the shares/quota in the Albanian company holding the assets or…

September 9, 2017

Albania performs reasonably well overall with respect to the quality of its energy (electricity and natural gas) sector. A recent EBRD energy law reform assessment, for example, shows that the country’s regulatory independence remains strong although private sector participation and market framework are the key weaknesses. Within the electricity sector, Albania has a regulatory framework in place that is relatively compliant with EU requirements, with partial market opening. Major challenges remain the country’s singular dependence on, aside from imports, hydro…

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42
January 20, 2019

On 1 January 2019, Albania’s Income Tax Act was amended with respect to imposition of new rules on the indirect transfer of ownership of assets situated in Albania. The new rules deal with the taxation of gains arising from such indirect asset transfers. An indirect transfer occurs when an Albanian company owning assets in Albania decides to sell said assets to a third party, but such third party merely purchases the shares/quota in the Albanian company holding the assets or…

September 9, 2017

Albania performs reasonably well overall with respect to the quality of its energy (electricity and natural gas) sector. A recent EBRD energy law reform assessment, for example, shows that the country’s regulatory independence remains strong although private sector participation and market framework are the key weaknesses. Within the electricity sector, Albania has a regulatory framework in place that is relatively compliant with EU requirements, with partial market opening. Major challenges remain the country’s singular dependence on, aside from imports, hydro…

42
January 20, 2019

On 1 January 2019, Albania’s Income Tax Act was amended with respect to imposition of new rules on the indirect transfer of ownership of assets situated in Albania. The new rules deal with the taxation of gains arising from such indirect asset transfers. An indirect transfer occurs when an Albanian company owning assets in Albania decides to sell said assets to a third party, but such third party merely purchases the shares/quota in the Albanian company holding the assets or…

September 9, 2017

Albania performs reasonably well overall with respect to the quality of its energy (electricity and natural gas) sector. A recent EBRD energy law reform assessment, for example, shows that the country’s regulatory independence remains strong although private sector participation and market framework are the key weaknesses. Within the electricity sector, Albania has a regulatory framework in place that is relatively compliant with EU requirements, with partial market opening. Major challenges remain the country’s singular dependence on, aside from imports, hydro…

42
January 20, 2019

On 1 January 2019, Albania’s Income Tax Act was amended with respect to imposition of new rules on the indirect transfer of ownership of assets situated in Albania. The new rules deal with the taxation of gains arising from such indirect asset transfers. An indirect transfer occurs when an Albanian company owning assets in Albania decides to sell said assets to a third party, but such third party merely purchases the shares/quota in the Albanian company holding the assets or…

September 9, 2017

Albania performs reasonably well overall with respect to the quality of its energy (electricity and natural gas) sector. A recent EBRD energy law reform assessment, for example, shows that the country’s regulatory independence remains strong although private sector participation and market framework are the key weaknesses. Within the electricity sector, Albania has a regulatory framework in place that is relatively compliant with EU requirements, with partial market opening. Major challenges remain the country’s singular dependence on, aside from imports, hydro…