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Algeria's Draft Finance Law 2015 Presented

|Proposed Changes|Algeria
Algeria

On 1 October 2014, Algeria's Minister of Finance presented the draft Finance Law 2015 to the country's parliament. Key tax measures are summarized as follows:

  • The current corporate tax rates of 19% and 25% (depending on industry) will be replaced with a single tax rate of 23%
  • The maximum revenue amount for the special lump-sum tax regime will be increased from DZD 10 million to DZD 30 million

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