Comoros Tax Measures for 2019 Include New Minimum Tax and Consumption Tax Rates
The Comoros Finance Bill 2019 was signed into law as Law 19-001 on 2 January 2019. The main tax-related measures include:
- The minimum corporate income tax is set at 3% of annual turnover; and
- The consumption tax rate was set at:
- 5% for restaurant services, banking activities, and international transport;
- 7.5% for mobile phone services; and
- 25% for casinos activities.
The measu…
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