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Update - Algeria Publishes Overview of 2020 Finance Act Measures

|Approved Changes|Algeria
Algeria

The Algerian tax authority (DGI) has issued a general release providing an overview of the main tax measures of the Finance Act for 2020. In addition to measures previously reported, important measures include the following:

  • The 80% tax base reduction for withholding on computer software payments is reduced to 30%, meaning the effective withholding tax rate is increased to 16.8% (24% on 70% o…

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