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Finance Law for 2013 – direct taxation

04 May 2013

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Approved Changes

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Gabon

The Finance Law for 2013 was promulgated by the President of the Republic on 8 January 2013. Details of the Finance Law, which unless otherwise indicated apply from 1 January 2013, are summarized below. Corporate taxation -   The standard corporate tax rate is reduced as follows:     -   from 35% to 30% for companies other than those operating in the oil and mining sectors; and -   from 35% to 25% for tourism companies and companies holding intellectual property rights. -   The corporate tax rate is increased from 20% to 25% for companies licensed to operate...