Amendments to the Law no. 8438, dated 28.12.1998, “On Income Tax”

Lawno. 106/2020. 106/2020

Pursuant to the Law no. 106/2020, published in the official gazette no. 154, dated 26.08.2020, starting from 1st of January 2021, the tax rate for Corporate Income Tax, will be the following:

1. For taxpayers with annual turnover of 14,000,000 ALL –0%
2. For taxpayers with annual turnover over 14,000,000 ALL –15%