The Niger Finance Law for 2019 was issued on 17 December 2018. The main measures are summarized below: The deduction of payments for overhead costs made to non-resident companies is limited to 20% of their amount (down from 30%); The VAT exemption on bond interest and interest on deposits with a term fixed at more than six months is removed; A reduced VAT rate of 10% is applied for land transport of passengers and goods; and A tax on financial operations is introduced for banks, financial institutions, financial intermediaries, and exchange agents that is levied at a rate of 18%...