Burkina Faso - Taxation



The contribution of direct taxation of all kinds to the governmental revenue is relatively low. Individuals pay a single income tax, varying from 2-30% on salaries, tips, and other remuneration, and 10-45% on business income. Companies pay a tax on profits, a forfeit tax, and taxes on income from debt and investments. There are also a number of real estate taxes. Sales and transaction taxes are shared by most of the population. Indirect taxes include customs duties and license fees.

There are consumption taxes on specified items, such as petroleum products and tobacco, and local taxes on motor vehicles.

Also read article about Burkina Faso from Wikipedia

User Contributions:

Comment about this article, ask questions, or add new information about this topic: