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Sierra Leone Finance Act 2021 Approved Including Provisions for the Taxation of Digital Services Tax

|Approved Changes|Sierra Leone
Sierra Leone

Sierra Leone has reportedly approved the Finance Act 2021, which took effect on 1 January 2021. Some of the key measures of the Act concern the taxation of digital services, including the introduction of a digital services tax that applies at a rate of 1.5% on the turnover from digital and electronic transactions, with further plans to introduce withholding on payments for digital services. Fur…

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