The income and capital tax treaty between Algeria and Demark entered into force on 17 December 2023. The treaty, signed 30 September 2021, is the first of its kind between the two countries. Taxes Covered The treaty covers Algerian tax on global income, tax on profits of companies, tax on professional activity, patrimony tax, and royalties and taxes on results relating to activities of prospecting, research, exploitation, and transport by way of pipelines of hydrocarbons. It covers Danish state income tax and municipal income tax. Residence If a person other than an individual is considered resident in both Contracting States,...