On 1 October 2014, Algeria's Minister of Finance presented the draft Finance Law 2015 to the country's parliament. Key tax measures are summarized as follows:
- The current corporate tax rates of 19% and 25% (depending on industry) will be replaced with a single tax rate of 23%
- The maximum revenue amount for the special lump-sum tax regime will be increased from DZD 10 million to DZD 30 million
- A 5-year exemption from corporate tax, individual income tax and the tax on professional activities …