Albania has local Transfer Pricing (TP) rules in place, but no specific TP legislation. The existing TP rules include the relevant legal provisions stated in the income tax legislation including the specific TP regulation of the Minister of Finance, tax procedure legislation, the effective DTT-s, etc.
From the point of view of projects, last year was characterised by a
stall in the legal market because of the international crisis. "The fact
that there is not much movement in projects means that the market is
not moving so much," one partner says....
CONTEXT AND TRENDS
Presently, Albanian legislation only recognises mergers between companies with their principal place of business in the country itself. Nevertheless, Albania is obligated to align itself with EU law and recently the Ministry of Economy, Trade and Energy introduced a draft law, concerning the relevant EU Directive, for discussion on cross-border mergers....