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Republic of Congo 2021 Finance Law Tax Measures

28 January 2021

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Approved Changes

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Congo

The Ministry of Finances and Budget of the Republic of Congo has published a copy of the Finance Law for 2021, which was approved as Law No. 66-2020 of 31 December 2020. Tax measures of the law include the following: A reduction in the corporate income tax rate from 30% to 28% for mining and quarrying, and real estate companies A reduction in the corporate income tax rate from 35% to 33% for non-residents carrying out activities in the Republic of the Congo without a permanent establishment; A reduction in the special (minimum) tax on companies (TSS) rate from 2%...