Tax
From The Report: Algeria 2014
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In conjunction with Mazars, OBG explores the taxation system, examining Algeria’s investor-friendly environment. OBG talks to Samir Hadj Ali, Chartered Accountant and Managing Partner, Mazars, on encouraging research and development.

Articles from this Chapter

Overview

Paid in full: An outline of important tax regulations for investors
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The Algerian tax system is structured through several different tax codes, as follows: • The Code of Direct Taxes and Related Taxes; • The Code of Taxes on Sales, which is mainly dedicated to value-added tax (VAT); • The Code of Indirect Taxes; • The Code of Registration Duties; and • The Code of Stamp Duties. Another code, the Fiscal Procedures Code, regulates the relation between the tax department and taxpayers, with their respective rights and obligations, in terms of the determination…

Viewpoint

Samir Hadj Ali, Chartered Accountant and Managing Partner, Mazars, on encouraging research and development
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Algeria has in its tax law attractive incentives to enhance research and development (R&D), such as allowing for the deduction of operating expenses incurred for scientific or technical research in the year in which these expenses were incurred. An additional incentive is for companies to deduct expenses incurred within the framework of R&D within a limit of 10% of their profits capped at AD100m (€930,000), provided that the amount allowed in the deduction is reinvested in this research.…