- Introduction of Fiscal Reforms: The Algerian government has presented the 2026 draft Finance Law to Parliament, proposing extensive fiscal reforms impacting corporate and personal income taxes, VAT, customs, excise, and environmental taxes, alongside new administrative measures.
- Key Tax Changes for Non-Residents: The draft law suggests the abolition of the optional real profit regime for non-resident companies without a permanent establishment, requiring them to be taxed under the real-profit system. Additionally, it mandates that profits from non-resident businesses engaged in EPC contracts in Algeria be fully taxable, promoting tax equity between domestic and foreign entities.
- VAT Exemptions and Reductions: The proposed legislation extends VAT exemptions for essential food imports and sales until the end of 2026 and expands the 9% reduced VAT rate to cover various services, including the renovation of residential buildings and public transport, aiming to provide targeted relief while ensuring fair treatment for all businesses operating in Algeria.
Source vatabout
Latest Posts in "Algeria"
- 2026 Finance Bill: Extended VAT Exemptions and Reduced Rates for Key Goods and Services
- Algeria establishes reporting requirements for data on physical goods production
- Algeria Sets Conditions and Deadlines for Contesting VAT Refund Decisions in New Amendments
- Guidelines for VAT Credit Refunds Clarified by National Tax Administration
- Clarification on VAT Taxable Events in Real Estate Development by National Tax Administration
