Algeria Gazettes 2025 Finance Law

The Algerian Official Gazette Dec. 26, 2024, published Law No. 24-08, implementing the 2025 finance law. The law includes measures: 1) setting the supplementary corporate tax at 20 percent for manufacturers of snuff and chewing tobacco, and 31 percent for manufacturers of smoking tobacco; 2) establishing a temporary VAT exemption until Dec. 31, 2025, for specified goods and services; 3) extending the reduced VAT rate of 9 percent until Dec. 31, 2027, for services connected to tourist activities; 4) exempting from VAT, depreciable assets acquired during the production of electricity and gas by pipeline, until Dec. 31, 2026; 5) extending ...