Albania has published Law no. 4 of 12 March 2022, which amends the effective date of Law no. 113/2021. Law no. 113/2021 provided for the introduction of a new personal income tax table for employment income. The new table includes a general exemption from income tax where monthly income does not exceed ALL 40,000. Where monthly income exceeds ALL 40,000, different brackets/rates apply depending on the monthly income amount as follows:
- Monthly income from ALL 40,001 to 50,000:
- up to ALL 30,0…