On 27 December 2017, Israel ratified the pending income tax treaty with Albania. The treaty, signed 3 May 2021, is the first of its kind between the two countries. Taxes Covered The treaty covers Albanian income taxes, including corporate profits tax, personal income tax, and capital gains tax from the alienation of the movable or immovable property, and the tax on small business activities. It covers Israeli income tax and company tax (including tax on capital gains), and the tax imposed on gains from the alienation of property according to the Real Estate Taxation Law. Residence If a person other...