Kosovo Publishes New Corporate Income Tax Law with Retroactive Effect

On 27 July 2019, Kosovo reportedly published Law No. 06/L-105 in the Official Gazette, which replaces the prior corporate income tax law, Law No. 05/L-029. Key changes include:

• A reduction in the loss carry-forward period from six years to four years;
• A reduction in the turnover threshold from EUR 50,000 to EUR 30,000 for the flat tax on gross income for small taxpayers;
• A change in the tax base and rate for insurance companies from a 5% tax on gross premiums accrued to a 10% tax (standard r…