VOL. XXXIV
NO. 47
26-AUGUST-1991
Algeria
Algerian Government Proposes Law Amendment to Avoid Double Taxation for USand Japanese Oil Companies
The Algerian Government has submitted to parliament an amendment to the 1986hydrocarbons law with a view to ensuring that foreign oil companies enteringinto production sharing agreements in Algeria are not encumbered by doubletaxation. Under the present law, the companies' tax obligation to Algeria inrespect of profit oil accruing to the companies under...
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