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Senegal Tax Changes in Finance Law for 2021

09 March 2021

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Approved Changes

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Senegal

Senegal has introduced several tax measures as part of the Finance Law for 2021 (Law No. 2020-33 of 22 December 2020). The main measures of the law are summarized as follows: A temporary beneficial tax regime is introduced for licensed tourist accommodation establishments and specified media companies with effect from 1 October 2020 to 31 December 2021, including: an exemption from VAT on services performed; an exemption from the payment of taxes on the salaries of employees and the lump sum contribution (payroll tax) for employers; and an exemption from the payment of corporate tax, income tax on profits, flat-rate...