Tax Services

Our tax services team can provide guidance to multinational and local groups of companies in developing their tax strategies that can maximise tax planning benefits and meet all compliance requirements of local tax legislation. Drawing from experience and expert knowledge we can provide professional assistance to businesses in domestic and international tax planning. Structuring international transactions in a tax efficient manner demands a degree of specialization that requires the expertise of a tax professional advisor. Our team has this knowledge to assist Clients meet their tax planning objectives. Our goal is to deliver comprehensive and practical tax solutions that help businesses meet their local and worldwide tax and statutory responsibilities. Our tax services team should help to achieve cost efficiencies in line with each company’s risk profile.

Our tax services include the following:

 Corporate tax
 
Indirect Tax (VAT)
 
Expatriate Tax
 Transfer Pricing

Corporate tax

Our tax teams handle issues ranging from straightforward compliance to complicated tax planning. In fact compliance is only the beginning. Our proactive tax service ensures that all our clients maximise the opportunities available to them.

Whether your business is owned domestically or from abroad, our corporate tax specialists bring to each assignment a professional thoroughness and a wealth of knowledge of local corporate tax law and business conditions.

Our services include:

 Advising on tax compliance requirements and preparing the necessary returns and declarations.
 
Negotiating with Albanian tax authorities to secure rulings and resolve disputes
 Advising on available tax incentives and preparing the claims
  Advising on the structuring of transactions
 Carrying out due diligence into the tax affairs of acquisition targets

Indirect Tax (VAT)

Businesses trading internationally inevitably come up against a complex array of foreign indirect taxes. Depending on the nature of the goods or services they supply and depending on the countries in which they trade, these can include value added tax (VAT), goods and services tax (GST), sales taxes, customs duties and excise duties.

Indirect taxes are generally a cost for the consumer to bear. The burden of administering them however usually falls on the supplier, and for the business which gets it wrong, an unforgiving battery of stiff financial penalties lies in wait.

Baker Tilly International member firms’ tax specialists guide multinational clients through the complexity of the world’s indirect tax systems. The following are some of the areas in which we can provide valuable support:

Businesses trading internationally inevitably come up against a complex array of foreign indirect taxes. Depending on the nature of the goods or services they supply and depending on the countries in which they trade, these can include value added tax (VAT), goods and services tax (GST), sales taxes, customs duties and excise duties.

Indirect taxes are generally a cost for the consumer to bear. The burden of administering them however usually falls on the supplier, and for the business which gets it wrong, an unforgiving battery of stiff financial penalties lies in wait.

Baker Tilly International member firms’ tax specialists guide multinational clients through the complexity of the world’s indirect tax systems. The following are some of the areas in which we can provide valuable support:

 Information about the indirect taxes in force in Albania and in more than 100 countries worldwide. Advice on business structures that mitigate the effects of indirect taxes and give a competitive advantage
 Preparation of VAT periodic returns. The filing of returns can produce VAT refunds which the business has itself incurred
 Acting as a VAT representative for businesses in Albania. Tax authorities in Albania insists that foreign businesses make such an appointment as a precondition for their being allowed to trade in the country
 Negotiations with Albanian tax authorities and the resolution of disputes

Expatriate Tax

International groups which have staff working on assignment overseas will understand the benefits to be gained from supporting their employees whilst in their temporary working location and ensuring they are free to concentrate on their work.
Support in relation to expatriate taxes and social security requirements is key and careful planning can minimise the burden for both employees and employers.
We provide international groups with a full spectrum of expatriate tax services. Some of the ways in which we can help include:

Entry interviews to familiarise newly arrived expatriates with the tax and social security systems
The preparation of tax returns for expatriates for the duration of their secondment
Dealing with any other filings with which they will need to comply during their stay Exit interviews at the end of the secondment, to tidy up any loose ends.
Preparing letters of assignment for employees moving abroad
Payroll implications of employees moving abroad
Dealing with immigration requirements. Read our global mobility brochure.

 

Travel Mapp

An essential tool for multinational groups with business travelers. Your proactive tool for tax and immigration compliance.

Transfer Pricing

Transfer pricing compliance requirements, country by country reporting and an ever changing landscape, makes transfer pricing one of the most fundamental tax issues facing multinational businesses, as demonstrated by our International Tax Survey.

Transfer pricing refers to the pricing policies adopted by groups of companies for transactions between companies in the group, such as the sale of goods, the provision of services, or the licensing and use of technology and intangible assets.
Many countries now have transfer pricing legislation empowering their tax authorities to tackled pricing perceived not to be at ‘arm’s length’.

All groups trading internationally can expect to be the subject of transfer pricing enquiries across the globe.
Our worldwide transfer pricing specialists collaborate efficiently to deliver global solutions for our clients that protect against the challenges posed by transfer pricing rules and interpretations.
Read our transfer pricing brochure.

 

Tax Mapp  

Tax Mapp gives users access to the latest global tax news and content at the touch of a button. Tax Mapp now includes PE Tracker, which is designed to quickly and efficiently detect PE risk.

At a glance, here is how we can help you:

Advising on appropriate pricing for transactions with affiliates, using proven economic databases which minimise the risk of successful challenges by national tax authorities.
Preparing Annual Notification in relation to transfer pricing.
Advising on the documentation of a group’s transfer pricing policies. Albania has transfer pricing legislation which gives to tax authorities the power to demand to see such documentation and to impose heavy financial penalties if it does not exist or if it is perceived to be inadequate.
Defending a group’s transfer pricing policies when they come under attack by Albanian tax authority
Negotiating Advance Pricing Agreements (APAs) with local tax authorities. Albania offers an APA facility, under which a group’s transfer pricing policies are voluntarily disclosed to the authority and discussions ensue as to whether they are fair. In some circumstances this can be the right way to proceed.

International Business Helpdesk  

As a member of the Baker Tilly International network, we can engage the independent members of the network worldwide, for instance if you require another country’s’ involvement and expertise. Are you interested in finding out what we can do for you? Then contact our International Business Helpdesks for advice.

How can I help
you?

Want to know what we can do for you?
Just contact Baker Tilly , with no
obligation, of course.

Gerond Begolli

Senior Manager
gbegolli@bakertilly.al

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