The Algerian Cabinet of Ministers has reportedly approved draft budget measures for 2016. The main measures include: Mining companies will subject to the 23% reduced corporate income tax rate that was introduced along with an increased standard rate of 26% in the Additional Finance Law 2015 approved in July ({News-2015-07-29/A/6- previous coverage}); The deduction of R&D expenses, which is limited to 10% of taxable profits with a cap of DZD 100 million, will also require the submission of an expert report prepared by the relevant government body; Supplies of gas oil, mobile Internet services, and electricity consumption above 125 kWh...