The Algerian government has enacted the Additional Finance Law 2015, which generally applies from the date it was published in the Official Gazette, 23 July 2015. The new Law increases the standard corporate tax rate from 23% to 26% for most sectors, maintains the 23% rate for tourism and construction sectors and reintroduces the 19% rate for manufacturing. The 19% rate and a higher 25% rate had been replaced with a unified 23% rate effective 1 January 2015. When a company performs activities subject to different rates, separate accounting records much be kept to determine the tax base for each...