- Algeria’s Ministry of Finance released the Finance Law 2025 on 26 December 2024
- The 9% reduced VAT rate for tourism-related services is extended to 31 December 2027
- VAT exemption and a 5% customs duty rate for importing frozen white meat and coffee are valid until 31 December 2025
- VAT exemptions are extended for imports and sales of pulses, rice, fresh local fruits, vegetables, eggs, broiler chickens, and turkey until 31 December 2025
- VAT credit refund procedures now require applications to be submitted by the 20th of the month following the quarter of accrual
- The VAT rate for advertising has increased from 1% to 2%
- Tax audit procedures have been updated to include new penalties
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
