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Comoros Tax Measures for 2019 Include New Minimum Tax and Consumption Tax Rates

19 February 2019

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Approved Changes

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Comoros

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 measures apply from 1 January 2019.