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Latest Treaty Updates: Albania

Switzerland - Albania

23/11/2015

The Swiss Federal Council on November 11 adopted a dispatch on a protocol to the double tax agreement with Albania.


Switzerland - Albania

17/9/2015

Switzerland signed a DTA Protocol with Albania on September 9, 2015.


Iceland - Albania

2/10/2014

Iceland reported on September 26, 2014, that it had signed a treaty with Albania.


United Arab Emirates - Albania

18/3/2014

The United Arab Emirates and Albania signed a DTA on March 13, 2014.


Albania - United Kingdom

18/2/2014

The DTA signed between Albania and the United Kingdom entered into force on December 30, 2013, HM Revenue and Customs confirmed on February 13, 2014.


Albania - Kosovo

13/2/2014

According to preliminary media reports, Albania and Kosovo held a round of negotiations towards a DTA on January 17, 2014.


India - Albania

20/1/2014

In a notification published on January 6, 2014, India confirmed the DTA signed with Albania entered into force on December 4, 2013.


India - Albania

9/7/2013

India and Albania signed a DTA on June 8, 2013.


United Arab Emirates - Albania

17/5/2013

The United Arab Emirates and Albania discussed amendments to their existing DTA at a three-day meeting concluding on May 13, 2013.


United Kingdom - Albania

27/3/2013

The United Kingdom and Albania signed their first DTA on March 26, 2013.


Qatar - Albania

18/10/2012

According to preliminary media reports, on October 15, 2012, Qatar ratified the DTA signed with Albania on October 18, 2011.


Azerbaijan - Albania

24/8/2012

According to preliminary media reports, Azerbaijain and Albania held a first round of negotiations towards a DTA during three days of meetings which concluded on July 20, 2012.


Albania - Morocco

1/2/2012

According to preliminary media reports, Albania and Morocco initialled a DTA text on January 27, 2012.


Albania - Germany

29/12/2011

The Albanian Ministry of Foreign Affairs has confirmed the signing of a DTA between Albania and Germany on December 23, 2011.


Qatar - Albania

20/12/2011

According to preliminary media reports, the Albania-Qatar DTA, signed in October 2011, was ratified by Qatar on December 13, 2011.


Ireland - Albania

2/11/2011

According to the Irish tax authority, the DTA signed between Albania and Ireland on October 16, 2009, will enter into force on January 1, 2012.


Albania - Qatar

21/10/2011

A DTA between Albania and Qatar was signed on October 18 in the Albanian capital, Tirana.


Albania - Qatar

27/9/2011

According to preliminary media reports, the text of a DTA between Qatar and Albania was agreed and initialled by both governments on September 22, 2011.


Albania - Singapore

22/7/2011

According to preliminary media reports, the DTA between Albania and Singapore entered into force on July 19, 2011. The treaty was signed on November 23, 2010.


Spain - Albania

8/6/2011

The DTA was signed on July 2, 2010. In Spain, it applies to income tax, corporation tax, income tax on non residents, and local income taxes. In Albania, it applies to income taxes, and the tax on small business activties. It provides permanent establishment, business profit, resident, immovable property rules, and for the elimination of double taxation and the exchange of information. Divdend withholding tax is charged at: 0% where the beneficial owner is a company (other than a partnership) holding directly at least a 75% state in the paying company; 5% where the beneficial owner is a company (other than a partnership) holding directly at least a 10% stake in the paying company; and 10% in all other cases. Interest withholding tax is charged at 6%, except in the case of one of the states, its central bank, or a political subdivision/public authority, interest paid by reason of a loan or credit due to that State or one of its central authorities, political subdivisions, or local credit agency for export, or granted, issued, guaranteed or insured by them, is a financial institution, interest paid on account of a debt arising as a result of the sale on credit of any equipment or materials, goods or services, or a pension fund approved by tax purposes by that state and is generally tax exempt in that state, when a 0% charge applies. Royalties are exempt.


Albania - Spain

8/6/2011

The TIEA been signed on July 2, 2010, and applies from May 4, 2011.


Ireland - Albania

26/5/2011

The DTA was signed on September 16, 2009. In Ireland, the DTA applies to income tax, corporation tax and capital gains tax. In Albania, the DTA applies to income tax, tax on small business activities, and the capital gains tax. It sets out permanent establishment rules, rules relating to immovable property, and business profits rules, and provides for the elimination of double taxation and for the exchange of information. Dividend withholding tax is charged: at 5% where the beneficial owner is a compnay (other than a partnership) holding at least 25% of the capital of the paying company; and at 10% in all other cases. Dividends are exempt when arising in a contracting state and paid to the government of other state. Interest withholding tax is charged at 7%, except in the case of certain government institutions, including the Central Banks of both states, and Ireland's National Treasury Management Agency and National Pension Reserve Fund. Royalties withholding tax is limited to 7%.




Treaty Updates by Territory

Latest News

Swiss Double Tax Agreements Enter Into Force

28/12/2016
Amendments to Switzerland's double taxation agreements with Norway and Albania have entered into force, the Swiss Federal Council has announced.

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Swiss Council Adopts Dispatch On Albania DTA Protocol

12/11/2015
The Swiss Federal Council has adopted a dispatch on a protocol to the double tax agreement with Albania.

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Switzerland Signs New DTA Protocols

10/9/2015
Switzerland has signed protocols to its double taxation agreements with Norway and Albania.

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NZ Emissions 'Tax' Attacked

15/3/2010
The ACT New Zealand Party, a member of the country’s present coalition government, has continued its opposition to New Zealand’s new carbon emissions trading scheme, calling it a tax that will increase inflation in the economy.

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Hong Kong Property Taxes Reviewed

16/3/2010
Hong Kong’s Financial Secretary, John C Tsang, made the traditional post-budget speech at the Joint Business Community Luncheon on March 12 and, in particular, reviewed the tax measures taken to increase the transaction cost of property speculation so as to reduce the risk of a property bubble being created.

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Malaysia Not Cancelling GST

12/3/2010
After a government meeting, Malaysia’s Second Finance Minister, Datuk Seri Ahmad Husni Hanadzlah, has rejected any suggestion that the proposed introduction of a goods and services tax has been cancelled.

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Australia Promised Full Debate On Tax Review

15/3/2010
Following indications that the Australian government was thinking of a delay to the release of the Henry tax review, the Treasurer, Wayne Swan, has now confirmed that it will be issued in good time for a full debate on any proposed tax changes.

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Orascom Loses Algerian Tax Appeal

12/3/2010
Egyptian telecom company, Orascom Telecom, has announced that its Algerian subsidiary, Orascom Telecom Algérie, has received a rejection to its appeal, made in December last year, against the notice for taxes and penalties it had received from the Algerian tax authorities the month previously.

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Switzerland, Slovakia Initial Revised DTA

12/3/2010
It has recently emerged that Switzerland and Slovakia have initialled a revised bilateral double taxation agreement, containing the Organization for Economic Cooperation and Development’s standard on tax information exchange.

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UK Budget To Hit The Rich

12/3/2010
Wealthy individuals may have less than two weeks to put plans in place to reduce the tax impact of the Chancellor’s pre-election Budget, warns PKF Accountants and business advisers.

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Germany Approves Liechtenstein TIEA

15/3/2010
Germany’s Cabinet has recently approved a bill pertaining to the bilateral tax information exchange agreement with Liechtenstein.

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UAE Completes VAT Study

12/3/2010
Authorities in the United Arab Emirates are inching closer to the introduction of a value-added tax.

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OECD Urges Fiscal Policy Shift

12/3/2010
Governments must now gear their economies towards jobs, international competitiveness and increasing the tax-take, the Organization for Economic Cooperation and Development has said in its latest ‘Going for Growth’ report, analyzing the next step for recovering economies.

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BVI To Review Taxes And Fees

15/3/2010
British Virgin Islands Prime Minister, Ralph O’Neal has said that the territory will run a budget surplus during 2010, although the government still intends to review indirect taxes and fees on financial services.

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IRS Offers Help To Struggling Taxpayers

14/3/2010
The US Internal Revenue Service has announced several additional steps it is taking this tax season to help people having difficulties meeting their tax obligations because of unemployment or other financial problems.

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Baucus Seeks Trade Preference Reform

15/3/2010
Senate Finance Committee Chairman Max Baucus is leading efforts for reform of US trade preference programs accorded to developing countries.

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Jersey Riding Out Onshore Storm

15/3/2010
Jersey will overcome the evolving challenges being faced by offshore international financial centres, Geoff Cook, Chief Executive of Jersey Finance, told participants at a Breakfast Briefing in London.

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Tax Relief For California Storm Victims

11/3/2010
The State of California’s Franchise Tax Board on March 9 announced special tax relief for California taxpayers affected by the recent severe winter storms that started in January.

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Amazon Retaliates Against Colorado

11/3/2010
Amazon.com cut ties with its Colorado affiliate marketers on March 8 after the US state forged ahead with its plan to introduce a mandatory Internet sales tax on e-businesses with an annual turnover exceeding USD100,000.

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Norway Urged To Revise Fiscal Policy

11/3/2010
The Organization for Economic Cooperation and Development has called on Norwegian authorities to revise fiscal policy in light of the nation’s recovering economy.

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Bahrain And UK Sign DTA

11/3/2010
The Kingdom of Bahrain’s Minister of Finance, Shaikh Ahmed bin Mohammed Al Khalifa, and UK ambassador, Jamie Bowden, signed a comprehensive double taxation agreement between the two countries in Manama on March 10.

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Australia And Chile Sign DTA

11/3/2010
Australia’s Assistant Treasurer, Nick Sherry, has announced that Australia and Chile have signed a comprehensive bilateral double taxation agreement – the second such agreement between Australia and a South American country.

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Swiss-German Tax Talks Resume

12/3/2010
During a recent visit to Berlin, Switzerland’s State Secretary Michael Ambühl, Head of the State Secretariat for International Financial Matters in the Federal Department of Finance, met with representatives of Germany's Federal Ministry of Finance and Federal Chancellery to exchange ideas on current financial and tax policy issues.

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US Senate Approves Tax Extenders Bill

12/3/2010
US Senate Finance Committee Chairman Max Baucus has applauded the Senate’s passage of legislation to extend tax cuts, unemployment insurance benefits and eligibility for unemployment benefits and health care for unemployed workers through the end of 2010.

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MEPs Push EU Tobin Tax

12/3/2010
In a recently adopted resolution, the European Parliament has emphasized the need to develop plans for a global tax to discourage excessive risk-taking by financial institutions and to ensure that the financial industry pays for damage caused by the financial crisis.

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