Are Algerian sovereign bonds and Sukuk exempt from IRCM?

Yes, yields from public Treasury bills, sovereign investment bonds, and Islamic Sukuk issued by the Algerian state are statutory exempt (0% tax) to promote domestic national savings.

Is IRCM tax considered a final withholding tax for individual taxpayers?

Yes, the 10% withholding is full and final (libératoire), meaning individual depositors do not need to report it again on their annual personal income tax return.

AlgeriaUpdated for 2026Taxes

Algeria Bank Deposit Interest & IRCM Tax Calculator 2026

Calculate gross yields, net returns, and IRCM withholding tax deductions on term deposits (DAT), savings books, and bonds in Algerian banks.

Taxes & Duties Interest & Yields Banking & Accounts

Calculated Result

Final Maturity Balance (Principal + Net Profit)

2,189,000DZD

Calculator Inputs

Deposit Account / Investment Vehicle

Principal Deposit Amount (DZD)

Contractual Annual Interest / Profit Rate (%)

Investment Tenure (Years)

Final Maturity Balance (Principal + Net Profit)

2,189,000DZD

Gross Annual Interest Return

70,000 DZD

Annual IRCM Withholding Tax

7,000 DZD

Net Annual Interest Return

63,000 DZD

Cumulative Taxes Withheld

21,000 DZD

This calculator is a mathematical model for general financial estimation, planning, and educational guidance. Results depend on your inputs and standard formulas, and do not constitute binding financial, tax, or investment advice. Always consult a qualified professional before making financial decisions.

Official Statute: المادة 45 من قانون الضرائب المباشرة والرسوم المماثلة (CIDTA) المنظمة للضريبة على مداخيل رؤوس الأموال المنقولة والاقتطاع من المصدرLast Verified: 2026-09-08

Frequently Asked Questions

IRCM (Tax on Movable Capital Income) is a withholding tax collected directly by banks. It applies at a flat discharging rate of 10% on fixed-term deposits (DAT) and corporate debt instruments, and 1% on regulated passbook savings.