Albania Providing Additional Tax Relief Measures in Response to COVID-19

Albania has published Normative Act No. 18 of 23 April 2020 in the Official Gazette, which provides additional tax relief measures in response to the COVID-19 pandemic. As per a notice issued by Albania's tax authority, the main measures include:

• an exemption from advance profit tax installment requirements in 2020 for taxpayers with turnover of up to ALL 14 million;
• a deferral of the deadline for advance profit tax installments for the second and third quarter, April-June and July-Septembe…