According to a notice from Iceland's Ministry of Foreign affairs dated 14 December 2016, the income tax treaty between Albania and Iceland entered into force on 6 January 2016. The treaty, signed 26 September 2014, is the first of its kind between the two countries. Taxes Covered The treaty covers Albanian personal income tax, corporate profits tax, and the tax on small business activities. It covers Icelandic income tax to the state and income tax to the municipalities. Service PE The treaty includes the provision that a permanent establishment will be deemed constituted when an enterprise furnishes services within a...