The Luxembourg parliament has approved the draft law for the ratification of the pending income and capital tax treaty with Albania, with the Council of State voting to waive the required second constitutional vote on 26 November 2024. The treaty, signed 14 January 2009, is the first of its kind between the two countries. The pending protocol to the tax treaty has also been approved, 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...