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Algeria Finance Law for 2019 Published

08 January 2019

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Approved Changes

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Algeria

Algeria's Finance Law for 2019 was published in Official Gazette No. 79 of 30 December 2018. The key measures introduced by the Finance Law are summarized below: Gains derived from the reevaluation of non-amortizable fixed assets will not be included in taxable profit, subject to specific conditions; The current exemption granted on dividends, capital gains, and revenue in connection with specific listed securities is extended to the end of 2023; The list of remuneration paid to third parties falling under the obligation to report the identity of beneficiaries to the tax authorities is extended, including fees paid for outsourcing services,...