Tax Measures of Algeria's Finance Law for 2023

Algeria's Ministry of Finance has issued a communiqué on the main tax measures of the Finance Law for 2023, which was published in the Official Gazette on 29 December 2022. The main measures include the following:

• Relaxed conditions for the deduction of expenses for global income tax (IRG) and corporate income tax (IBS) purposes:
  • an increase in the threshold allowed for the deductibility of expenses paid in cash from DZD 300,000 to DZD 1,000,000; and
  • allowing the deduction of expenses paid …