Open Data Albania is listing the types of personal income tax, i.e of the individual citizen or resident in the country, based on the type of income he generates (earns and collects). The listing excludes taxes extracted from the salary income or business income, but other revenue the individual generates, such as: rent, bank interests or lending; Property Sale profit – the difference between the initial price and the sale price; donation; gambling; royalties from intellectual property and revenue from supervisory work or from services provided by the individual. These types of taxes are mainly taxes that are paid through self-declaration. In some cases, although the tax is applied on the individual, the obligation to withhold it and pay it to the Tax authorities is borne by the employer institution or entity.<\/p>\n\n\n\n
The businessman, as an individual, is taxed on the Dividend at the 8% of the value of the distributed profit. This is income tax on an individual who owns a business in the country. This tax rate was 15% and became 8% in 2015, being applied with retroactive effects. The Dividend Income Tax rate (income of the individual businessman) is low, compared to other countries in the Region.<\/p>\n\n\n\n