Albania

The tax rate for inheritances, gifts and gambling income under this article is 15%, without deduction of any costs. However, the following are exempt from taxation:

• Gifts and inheritance received from/or between the legal heirs in the first and second place, as well as gifts and inheritance between siblings;
• Gifts and inheritances received, up to 5,000,000 ALL for taxpayers for immovable assets and up to 1,000,000 ALL for movable assets for taxpayers;
• The transfer of the right of ownership to the legal heirs, namely through gifts and/or relinquishment of property, when the property derives from the compulsory co-ownership acquired on the basis of law no. 7501, dated 19.7.1991, "On land", amended.