On 3 May 2023, Algeria published in the Official Gazette the decree for the ratification of the pending income tax treaty with Denmark. The treaty, signed 30 September 2021, is the first of its kind between the two countries.
Taxes Covered
The treaty covers Algerian tax on global income, tax on profits of companies, tax on professional activity, and royalties and taxes on results relating to activities of prospecting, research, exploitation, and transport by way of pipelines of hydrocarbo…