Albania to Introduce Several Reforms for 2019 Including Reduced Dividends Tax Rates and Expanded Rules for Taxation of Gains from the Alienation of Property
On 31 October 2018, Albania's Council of Ministers approved draft legislation for various reforms in 2019 in relation to corporate tax, value added tax, excise tax, tax administration, and other areas. One of the key measures is the reduction of the tax rate on dividend income and income derived as a partner's profit from 15% to 8%, as well as a corresponding reduction of the withholding tax o…
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