Algeria has enacted the Supplementary Finance Act for 2020, which was published in the Official Gazette on 4 June 2020. The measures of the Act include: An exemption from individual global income tax (IRG) is provided for wages up to DZD 30,000 per month as from 1 June 2020; The withholding tax on foreign companies operating under contracts for the provision of services in Algeria is increased from 24% to 30%; An exemption from customs taxes and Value Added Tax (VAT) is provided for a period of two years on components acquired locally by subcontractors in the mechanical, electrical, and...