Tax
From The Report: Algeria 2013
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In conjunction with Mazars Algeria, OBG explores the taxation system, examining Algeria’s investor-friendly environment. This chapter contains a viewpoint from Samir Hadj Ali, Managing Partner, Mazars Algeria.

Articles from this Chapter

Overview

Stable environment: The Algerian tax regime saw few changes in the 2013 financial year
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Unlike in prior years, the annual finance act for 2013 has not been amended by a mid-year complementary act impacting the tax laws. The Algerian tax system maintains its stability, while the finance act has mainly introduced a few adjusting provisions, together with a significant upgrade to procedures related to the documentation of transfer pricing. Both direct taxes (mainly corporate income tax) and indirect taxes (mainly value-added tax, VAT) remain unchanged aside from harmonised procedures…

Viewpoint

Samir Hadj Ali, Managing Partner, Mazars Algeria, on using tax rates to encourage economic recovery
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Tax rates have a marked contribution to the growth of the economy, but each country or region has its specifics. In Algeria, tax rates have been at their lowest level for the last 50 years, but questions remain whether our competitive tax rates contribute to a more attractive business environment. Corporate income tax is at 19% for companies dealing in manufacturing activities and 25% for those dealing in services and trading, while personal income tax is charged at a climbing scale from…