Update - Algeria Finance Act for 2018

As previously reported, the Algeria Finance Act for 2018 was signed into law on 27 December 2017. Further to the initial report, the Finance Act also includes:

• The introduction of a 1% solidarity contribution on all goods imported for use in Algeria, which is levied in the same manner as customs duties;
• The removal of the DZD 100 million annual revenue threshold for designation as a large company for tax purpose, with new criteria to be issued by the Ministry of Finance (large companies are …