- Albania requires multinational companies providing digital services to appoint a tax representative for VAT compliance.
- The initiative is part of the Medium-Term Revenue Strategy 2024–2027 and the Tax Administration Strategy 2024–2028.
- Companies must apply a 20 percent VAT on sales to non-taxable persons in Albania.
- VAT for taxable persons registered in Albania is handled through the reverse charge mechanism.
- Services affected include telecommunications, broadcasting, web services, software, media, and distance teaching.
- Companies must register for VAT, declare, and pay VAT liabilities.
- The Tax Administration aims to increase transparency, expand the tax base, and ensure fair competition.
- Non-compliance will result in administrative and legal actions.
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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