Algeria generated 90 billion dinars (9000 billion centimes) in revenue for the public treasury through its voluntary tax reconciliation process. The General Directorate of Taxes managed this initiative following the enactment of the 2026 Finance Bill. Article 93 of this legislation officially established the voluntary tax reconciliation procedure, which set a deadline for participants to finalize their filings by 31 December 2026. The funds collected contribute to the current national fiscal targets outlined by the government. Taxpayers utilized this window to settle outstanding obligations under the established regulatory framework. All proceeds from this reconciliation effort have been directed into the public treasury to support national budgetary requirements.
Implementation of Reconciliation Procedure
Taxpayers participating in the 2026 reconciliation procedure gained the ability to declare previously undeclared amounts at a single tax rate of 8 percent. This measure eliminated penalties for those who chose to settle their outstanding obligations within the specified window. The Ministry of Finance issued a formal decision on 24 February 2026 to outline the specific requirements for this process. This administrative document provided the necessary instructions for the implementation of the tax reconciliation procedure across Algeria. Officials designed these guidelines to ensure that participants could finalize their filings in accordance with the 2026 Finance Bill. By establishing this fixed rate, the ministry aimed to encourage compliance among those holding undeclared funds. The procedure remains available to eligible taxpayers until the final deadline on 31 December 2026.
Proposed Fiscal Measures for 2027
The 2027 Finance Bill introduces a new voluntary tax reconciliation system specifically tailored for resident individuals. Under the current proposal, participants would be subject to a single tax rate of 12 percent on their disclosed assets. This potential measure marks a shift in the rate structure compared to the previous reconciliation procedure established under the 2026 Finance Bill.
Members of the Finance and Budget Committee of the National People's Assembly conducted formal hearings regarding the proposed 2027 Finance Bill on 13 October and 14 October 2026. These legislative sessions allowed committee members to review the fiscal adjustments outlined in the draft legislation. The hearings focused on evaluating the impact of the proposed tax reconciliation system and other budgetary provisions intended for the upcoming fiscal year. Officials are currently assessing the feedback collected during these sessions to refine the bill before it proceeds through the final stages of the legislative process in Algeria.