The income and capital tax treaty between Algeria and the UK entered into force on 16 June 2016. The treaty, signed 18 February 2015, is the first of its kind between the two countries. Taxes Covered The treaty covers Algerian tax on global income, tax on the profits of companies, tax on professional activity, and royalties and taxes on results relating to activities of prospecting, research, exploitation and transport of hydrocarbons by way of pipelines. It covers UK income tax, corporation tax and capital gains tax. Residence If a company is considered resident in both Contracting States, the competent authorities...