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 on dividend payments and other profit distributions from 15% to 8%. Another important measure is the amendment of the source of income rules: To extend the provisions regarding income from immovable property in...