In series:Global Forum on Transparency and Exchange of Information for Tax Purposes: Peer Reviewsview more titles
Published on July 26, 2016
The Phase 2 review assesses Albania as overall largely compliant with the international standard. Albania’s legal framework generally ensures that ownership, accounting and banking information is available in accordance with the standard, although some deficiencies have been identified in relation to oversight and enforcement of obligations to maintain information in practice. Over the review period, Albania was able to respond to EOI requests in a timely manner and peers were satisfied with the EOI assistance provided by Albania. The report nevertheless identified a few areas for improvement mainly in respect of organisational processes and manpower issues within the Albanian tax administration which can be improved to ensure effective exchange of information. For further information on Albania’s exchange of information practices and to read the full report click here.