Albania published Decision No. 513 of 1 August 2024 in the Official Gazette on 11 August 2024, which establishes the procedures for the implementation of Country-by-Country (CbC) reporting and notification requirements. The requirements apply from 1 January 2024 for MNE groups meeting an annual consolidated revenue threshold of ALL 105 billion. CbC reports are due within 12 months following the end of the reporting fiscal year and must be submitted using the OECD XML schema. The CbC report requirement applies to ultimate parent entities resident in Albania. It does not apply to non-parent constituent entities. The penalty for non-filing is...