Fiscal Package for 2017 – Albania

 

Thin capitalization measures

Strating from 01.01.2018, for loans from related parties, the excess of net interest over 30% of earnings before interest, taxes, depreciation and amortization (EBITDA) will be considered as a nondeductible expense. This excess net interest will be allowed for carry forward and deducted in subsequent years.

Taxation on luxury vehicles

Vehicles with a price up to ALL 5,000,000 will be considered luxury vehicles and will be subject to luxury vehicle taxes (previously the price threshold was ALL 7,000,000). 

Excise Taxes

Increase of  the excise tax for tabacco not produced domestically.

Customs tariff

Customs tariff levels on certain items determined in Annex 1 of the law have been reduced to 0%.

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