samedi 04 fvrier 2012 10:52:36

Economy : Oil Tax Climbs To 20mln/dlrs

PUBLISHED : 30-08-2010 | 23:50

Tax oil revenues of Algeria have reached 1.500.4 Bln da (20.5 Mln/dlrs) up to September 2010 against 1.238.7 mln/da during the same period 2009,I,e an evolution of 21% according to Tax general department . This progression is due to oil prices on international market and the regulation of tax liquidities discounts on oil revenues and tax on the remuneration of Sonatrach partners in 2009. As for regulation funds of revenues (frr), it hasn’t been supplied in the first semester because provisional Oil tax revenues fixed by the finance law 2010 to 1.836Mln/da, hasn’t yet been reached. According to DGI estimations, the FFR is to intervene in the current of the month . It’s worth recalling that the positive differential between oil tax revenues and those foreseen by the finance law  is versed to the FRR. For ordinary oil tax, it amounts to 704.6 mln/da from Jan up to June against 644.06 mln/da I,e an evolution of 9% .As for the recovering of global oil tax of the state during the first semester, it went up to 2.205.06mln/da, against 1.882.8Mln/da in the first semester 2009, or a progression of 17% in regard to figures delivered by the department. In the ordinary tax category, direct tax payment (IRG, IBS) are of 344.05 mln/da against  286.5mln/da, which represent an increase of 20% and a realization rate of 187%. The recovery of tax salary payment has reached 112.8 mln/da against  41.5 mln/da.

  • Published in :
  • Oil
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