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Finance Law 2013 – direct taxation

|Approved Changes|Togo
Togo

The Finance Law for 2013 was enacted by the parliament on 29 December 2012. Details of the Law on direct taxation, which unless otherwise indicated apply from 1 January 2013, are summarized below.

-   The corporate tax rate is reduced from 30% to 29%.
-   The withholding tax rate on income from movable capital derived by resident and non-resident p…

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