Algeria's Ministry of Finance has published a copy of the Finance Law for 2024, which was originally published in the Official Gazette on 31 December 2023. Key measures of the Finance Law for 2024 include the repeal of the 1.5% tax on professional activity (TAP), along with the introduction of a new local solidarity tax (TLS). Some of the main points of the new TLS are as follows:
- The TLS is levied on the basis of turnover derived in Algeria by taxpayers that carry out:
- the activity of tran…