Budget for 2010 – details

The Budget for 2010 was promulgated by Law No. 09-09 of 30 December 2009. Details of the Budget, which unless otherwise indicated applies from 1 January 2010, are summarized below.

Direct taxation

(a) Corporate taxation.

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Exemption from corporate income tax granted on capital gains derived from Initial Public Offering (IPO) on the Algerian Stock Exchange. This measure applies retroactively fro…