Algeria Publishes Finance Law for 2022 Including New Individual Income Tax Rates, Reduced Corporate Tax Rate for Reinvestment, and Other Measures

Algeria's Ministry of Finance has published the Finance Law for 2022 (Law no. 21-16), which was originally published in the Official Gazette on 30 December 2021. Some of the main tax measures of the Finance Law are summarized as follows:

• The individual income tax brackets/rates for annual income are set as follows:
  • up to DZD 240,000 - 0%
  • DZD 240,001 to 480,000 - 23%
  • DZD 480,001 to 960,000 - 27%
  • DZD 960,001 to 1,920,000 - 30%
  • DZD 1,920,001 to 3,840,000 - 33%
  • over DZD 3,840,000 - 35%
• The pr…