Albania
A. Progress in the implementation of the minimum standard
Albania has 42 tax agreements in force, as reported in its response to the Peer Review questionnaire. Eighteen of those agreements comply with the minimum standard.
Albania signed the MLI in 2019 and deposited its instrument of ratification on 22 September 2020. The MLI entered into force for Albania on 1 January 2021. The agreements modified by the MLI come into compliance with the minimum standard once the provisions of the MLI take effect.
Albania has not listed its agreement with Saudi Arabia under the MLI, but indicated in its response to the Peer Review questionnaire that this agreement did not give rise to material treaty-shopping concerns for Albania. Saudi Arabia has listed its agreement with Albania to be covered under the MLI.
Albania is implementing the minimum standard through the inclusion of the preamble statement and the PPT.1
B. Conclusion
Saudi Arabia has listed its agreement with Albania under the MLI, which amounts to a request to implement the minimum standard in that agreement. Albania indicated in its response to the Peer Review questionnaire that while this agreement did not give rise to material treaty-shopping concerns for Albania, Albania intends to implement the minimum standard in this agreement by listing it to be covered in its list of covered tax agreements under the MLI, which will require completion of domestic procedures.
← 1. For its agreements listed under the MLI, Albania is implementing the preamble statement (Article 6 of the MLI) and the PPT (Article 7 of the MLI).