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Republic of the Congo Providing Several Tax Relief Measures in Response to COVID-19

|Approved Changes|Congo
Congo

The Republic of the Congo government issued a Decree on 15 April 2020 that provides several relief measures in response to the COVID-19 pandemic. These include the following:

  • A reduction of the corporate tax rate for 2020 from 30% to 28%;
  • A reduction of the tax rate under the simplified tax regime for 2020 to:
    • 5% (from 7%) of turnover exclusive of taxes generally; and
    • 8% (from 10%) of the an…

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