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Home Tax

Japan agree in principle on Algeria tax convention

Fabio Scala by Fabio Scala
July 11, 2022
in Africa, Algeria, Tax
Reading Time: 1 min read
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The Convention includes provisions for the purposes of clarifying the scope of taxation in the two countries, eliminating international double taxation and preventing tax evasion and avoidance

The Government of Japan and the Government of the People’s Democratic Republic of Algeria have agreed in principle on the Tax Convention between the two countries.

The Convention will be signed after the necessary internal procedures have been completed by each of the two Governments

Also read: Niger Algeria and Nigeria reach milestone for Trans-Saharan Gas Pipeline

The Convention includes provisions for the purposes of clarifying the scope of taxation in the two countries, eliminating international double taxation and preventing tax evasion and avoidance, and is expected to promote further mutual investments and economic exchanges between the two countries.

The Convention will be signed after the necessary internal procedures have been completed by each of the two Governments. Thereafter, the Convention will enter into force after the completion of the domestic process in both countries (in the case of Japan, approval by the Diet).

Related

Source: Ministry of Foreign Affairs of Japan
Tags: Algeriadomestic processFeatureJapan agree in principle on Algeria tax conventionPeople's Democratic Republic of AlgeriaTaxTax Conventiontax evasion and avoidanceTaxation
Fabio Scala

Fabio Scala

Fabio Scala is currently a bank director in Mozambique. Previously he served in a UK family office focused on an equity portfolio in Southern Africa. He is also a board member of Uhusiano Capital, a boutique investment firm focused on impact investment, and a board advisor at Digilogic - a pan-EU-Africa network of DIHs focusing on Smart logistics. Prior to his African experience, Fabio has worked in the US, Portugal, and Brazil where he started his career at Caixa Economica Federal - the country’s largest state bank.

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