Algeria: Finance Law for the year 2024 (Law No. 23-22) amending Article 32 of the Supplementary Finance Law for 2010 (Ordinance No. 10-01) entered into force

On 1 January 2024, the Finance Law for the year 2024 (Law No. 23-22) entered into force, amending Article 32 of the 2010 Supplementary Finance Law (Ordinance No. 10-01). Article 70 of the new law expands the VAT exemption framework to include fixed internet services, bandwidth rental for fixed internet, website development and maintenance costs, and local (.DZ) web hosting services. The exemption period, previously ending on 31 December 2020, has been extended to 31 December 2026, with updated technical definitions and a broader scope compared to the original provision.