On 4 September 2015, officials from Albania and Switzerland signed a protocol to the 1999 income and capital tax treaty between the two countries. The protocol is the first to amend the treaty and includes the following main changes:
- 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 definition of resident in Article 4 (Resident);
- Adds a withholding tax exemption for interest pa…