OrbitaxAlgeria Publishes Finance Law for 2022 Including New Individual Income Tax Rates, Reduced Corporate Tax Rate for Reinvestment, and Other Measures
|Approved Changes|Algeria
Algeria's Ministry of Finance has published the Finance Law for 2022 (Law no. 21-16), which was originally published in the Official Gazette on 30 December 2021. Some of the main tax measures of the Finance Law are summarized as follows:
- The individual income tax brackets/rates for annual income are set as follows:
- up to DZD 240,000 - 0%
- DZD 240,001 to 480,000 - 23%
- DZD 480,001 to 960,000 - 2…
