On 20 June 2018, Albania's Council of Ministers approved draft legislation to amend capital gains tax and corporate income tax for smaller business and introduce certain incentives for agritourism businesses. The measures include:
- Setting a 15% tax rate on capital gains realized on the transfer of immovable property, including buildings, land, and agricultural land, with a provision that the transfer of land with a construction site on the basis of an exchange contract is not considered a t…