The procedure includes built and old unbuilt properties - adopting 40 percent of the sale price when it is difficult to determine the acquisition price. The tax authorities have established a new method for calculating the capital gain resulting from the sale of built and unbuilt properties subject to the overall income tax (IRG), in cases where it is difficult to know the original price of the property at acquisition or the value of its construction. This procedure comes to facilitate the calculation of taxes on old properties or those resulting from the division of family ownership or undocumented transfers, or when the property price does not appear in official documents such as property registers. According to the new instruction, 40 percent of the sale price is adopted as an estimated value...
Ouargla - Today, Wednesday, in the provinces of Menia and Ghardaia, preparations continue to commence the construction of the railway line from Laghouat to Tamanrasset, through intensifying field monitoring and assessing the readiness of the logistical and technical means allocated for this project, under the supervision of local authorities.
aps.dzMoscow - Representing the President of the Republic, Mr. Abdelmadjid Tebboune, the Prime Minister, Mr. Saïfi Ghrib, participates in the third Russia-Africa Summit and the Economic and Humanitarian Forum, which commenced today, Wednesday, in the Russian capital, Moscow.
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Sidi Bel Abbès - A total production exceeding two million quintals of various types of grains is expected in the Sidi Bel Abbès province, as part of the recently launched plowing and sowing campaign, according to what the provincial agricultural services directorate reported today, Wednesday.
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