Personal Income Tax – Albania

The Albanian Parliament approved earlier in November 2014 the new 2015 Fiscal Package, which entered into force on January 1, 2015. One of the major highlights of the 2015 Fiscal Package is the increase from 10% to 15% of the individual person income tax, which excludes salary related incomes, and includes other personal incomes such as: dividends, interests, leases, capital gains from the transfer of ownership of immovable properties, royalties, etc.