Benin to Reduce Corporate and Minimum Tax Rates as Part of Draft Finance Bill for 2025
Benin's Ministry of Economy and Finance has reportedly released the draft 2025 Finance Bill. One of the main measures of the bill is a reduction in the standard corporate tax rate from 30% to 20%. With the reduction in the standard rate to 20%, the current reduced rate of 25% for certain taxpayers would no longer apply. In addition to the standard corporate tax rate reduction, the minimum tax r…
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