In Algeria, the most important sources of government revenue have been oil and gas royalties. Algeria’s tax system has been streamlined through the replacement of a number of different taxes by a value-added tax, a personal income tax, and a corporate profits tax. The corporation tax was 45% on distributed profits and 20% on reinvested earnings. Many fiscal advantages have been granted to developing and expanding industries, especially to private investment. For established domestic industry and commerce there is a tax on production (a single tax that was passed on to the consumer) and a tax on industrial and commercial activities.

Algeria’s 1993 investment code offered foreign investment companies a three-year exemption from VAT, a property tax abatement, lower customs duties, and a two to five year exemption from corporate income taxes. The tax break was meant to stimulate investment in Algeria’s export market. After 1993, foreign workers whose monthly salaries exceeded $1,333 per month paid a 20% income tax, instead of one up to 70%.

Coordinates: 28°N 2°E / 28°N 2°E / 28; 2

Algeria ⁱ/ælˈdʒɪəriə/ (Arabic: الجزائر‎, al-Jazā'ir; Berber: ⴷⵣⴰⵢⴻⵔ Dzayer), officially the People's Democratic Republic of Algeria (الجمهورية الجزائرية الديمقراطية الشعبية, al-Jumhūriyyah al-Jazāʾiriyyah ad-Dīmuqrāṭiyyah ash-Shaʿbiyyah), also formally referred to as the Democratic and Popular Republic of Algeria, is a large country in the Maghreb region of Northwest Africa with Algiers as its capital.

When referring to its land area, Algeria is the largest country in Africa, Maghreb and the Arab World. It is also the largest of the countries bordering the Mediterranean Sea; it is also the tenth-largest country in the world. The country is bordered in the northeast by Tunisia, in the east by Libya, in the west by Morocco, in the southwest by Western Sahara, Mauritania, and Mali, in the southeast by Niger, and in the north by the Mediterranean Sea. Its size is almost 2,400,000 square kilometres (926,645 sq mi) with an estimated population of 37.1 million as of 2012. Algeria is a member of the African Union, the Arab League, OPEC and the United Nations. The country is also a founding member of the Arab Maghreb Union.

Willard Christopher "Will" Smith, Jr. (born September 25, 1968), also known by his stage name The Fresh Prince, is an American actor, producer, and rapper. He has enjoyed success in television, film and music. In April 2007, Newsweek called him the most powerful actor in Hollywood. Smith has been nominated for four Golden Globe Awards, two Academy Awards, and has won multiple Grammy Awards.

In the late 1980s, Smith achieved modest fame as a rapper under the name The Fresh Prince. In 1990, his popularity increased dramatically when he starred in the popular television series The Fresh Prince of Bel-Air. The show ran for nearly six years (1990–1996) on NBC and has been syndicated consistently on various networks since then. In the mid-1990s, Smith moved from television to film, and ultimately starred in numerous blockbuster films. He is the only actor to have eight consecutive films gross over $100 million in the domestic box office and the only one to have eight consecutive films in which he starred open at #1 spot in the domestic box office tally.