Tax
From The Report: Algeria 2016
View in Online Reader

In conjunction with Mazars, OBG explores the taxation system, examining Algeria’s investor-friendly environment. The chapter includes a viewpoint from Samir Hadj Ali, Chartered Accountant and Managing Partner, Mazars Algeria, on corporate income tax rates.

Articles from this Chapter

Overview

Streamlining the code: Authorities focus on simplifying tax regulations
OBG
plus

The key message for manufacturing companies that are still encouraged by incentives is that the 2016 Finance Act has not significantly changed the Direct Taxes Code or the Code of Taxes on Sales despite the continuing fall of oil prices. The Supplementary Finance Law of 2015, published in July of that year, had already granted reduced rates of corporate income tax for manufacturing activities, after serious lobbying by the leaders of the Forum of Enterprises and the construction sector. Stable…

Viewpoint

Three is the magic number: Samir Hadj Ali, Chartered Accountant and Managing Partner, Mazars Algeria, on corporate income tax rates
OBG
plus

Viewpoint:Samir Hadj Ali In the current context – with fiscal resources having dropped significantly as a result of the substantial recent decline in hydrocarbons tax revenues – it seems that additional government income will not be raised at the expense of the profitability of companies via an increase in corporate income tax. The solutions for enhancing tax revenues seem to be predominantly oriented on the consumption of goods, while corporate tax rates remain stable. Current Algerian…