On 22 December 2016, the Swiss Federal Council announced the entry into force of the protocol to 1999 income and capital tax treaty with Albania on 1 December 2016. The protocol, signed 9 September 2015, is the first to amend the treaty. The main changes include: Amends Article 2 (Taxes Covered) in regard to Albanian taxes; Amends the definition of Switzerland and its competent authority in Article 3 (General Definitions) and the definition of resident in Article 4 (Resident); Adds a withholding tax exemption for interest paid to a pension scheme or government in Article 11 (Interest); Adds an arbitration...