Albania's tax authority issued a notice on 31 March on the submission of tax statements and payments for 2019 and 2020, including extensions due to COVID-19. This includes an extension for the submission of financial statements to 31 July 2020. For taxpayers with annual turnover of up to ALL 14 million, additional extensions are provided as follows:
- Corporate income due for the 2019 tax year may be paid in the second half of 2020; and
- Quarterly income tax installments for 2020 may be paid up to 31 December 2020.
Further, it is provided that for taxpayers subject to simplified profit tax, with annual turnover from ALL 5 million to 8 million, the first and second quarter installments may be paid by 20 October 2020 and the third and fourth quarter installments may be paid by 20 December 2020.