Algeria Finance Act for 2018 Signed into Law

On 27 December 2017, Algerian President Abdelaziz Bouteflika signed into law the Finance Act for 2018. The tax measures of the law are relatively limited, and include a VAT and customs duty exemption for specified input materials used to manufacture medical products, the removal of the VAT exemption for certain services for ships and aircraft (subject to 19% rate from 2018), the increase of ex…
Continue Reading