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Orbitax

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On 11 November 2012, the Draft Finance Law for 2013 was adopted by the National Assembly. The most important features, which will generally apply from 1 January 2013, are as follows:

09 February 2013

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Approved Changes

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Algeria

- increase of the net wealth tax minimum threshold from DZD 30 million to DZD 50 million and revision of the net wealth tax brackets as follows: Net taxable wealth (million DZD) Rate (%) up to 50 0 50 – 100 0.25 100 – 200 0.50 200 – 300 0.75 300 – 400 1.00 over 400 1.50