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Albania Introducing New Personal Income Tax Table for Employment Income

|Approved Changes|Albania
Albania

Albania published Law no. 113/2021 in the in the 17 December 2021 edition of the Official Gazette. The law provides for the introduction of a new personal income tax table for employment income. The new table includes a general exemption from income tax where monthly income does not exceed ALL 40,000. Where monthly income exceeds ALL 40,000, different brackets/rates apply depending on the mont…

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