Gabon 2016 Budget Law Measures Include Increased Withholding Taxes, VAT Changes and Others
Gabon's Budget Law 2016 was published in the Official Gazette on 15 February 2016. The main tax-related measures of the law include:
- The withholding tax rate for branch profit's is increased from 15% to 20%;
- The withholding tax rates for interest and royalties is increased from 10% to 20%;
- The withholding tax for payments for services furnished or used in Gabon is increased from 10% to 20%;
- Re…