Algeria Finance Law for 2024 Includes Repeal of Tax on Professional Activity and Introduction of New Local Solidarity Tax
Algeria's Ministry of Finance has published a copy of the Finance Law for 2024, which was originally published in the Official Gazette on 31 December 2023. Key measures of the Finance Law for 2024 include the repeal of the 1.5% tax on professional activity (TAP), along with the introduction of a new local solidarity tax (TLS). Some of the main points of the new TLS are as follows:
- The TLS is …