On 30 December 2021, the Finance Ministry Officially published the 2022 Finance Law. Some of the measures of this Act are given below:
Corporate income tax
With some conditions, a reduced 10% corporate tax rate is provided for qualifying manufacturing companies on profits reinvested in the acquisition of capital assets in connection with the company’s activities or invested in the acquisition of shares or other securities representing at least a 90% participation in the capital of another manufacturing, construction, or service company.
Individual income tax
According to the Finance Act, the individual income tax rates for annual income are set as follows
| Annual income (in DZD) | Rate (in %) |
| Up to DZD 240,000 | 0% |
| DZD 240,001 to 480,000 | 23% |
| DZD 480,001 to 960,000 | 27% |
| DZD 960,001 to 1,920,000 | 30% |
| DZD 1,920,001 to 3,840,000 | 33% |
| More than DZD 3,840,000 | 35% |
Deductibility expenses
The Act added new rules in regard to the deductibility of expenses with some conditions, given that for the purpose of determining the tax result, and subject to other conditions in the Tax Code.
WHT rate on dividend
Under the Finance Act, a 5% withholding tax rate is introduced on the income of resident legal persons from the distribution of profits (dividends) that have been subject to corporate income tax or expressly exempted. On the other hand, a 2% withholding tax is introduced on the imports intended exclusively for resale without alteration.
