On 24 September 2024, Luxembourg's Council of State approved the ratification of the pending income and capital tax treaty with Albania, which was signed on 14 January 2029. The Council of State also approved the ratification of the pending protocol to the tax treaty, which was signed on 21 October 2020 and includes amendments to bring the treaty in line with the minimum BEPS standards as well as certain other changes. Both the protocol and the treaty will enter into force once the ratification instruments are exchanged and will apply from 1 January of the year following their entry into...