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Côte d'Ivoire and IMF in total disagreement over budget deficit: All eyes on employers

04/12/2020
Source : Le Nouveau Réveil
Categories: Economy/Forex

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The population expects a lot from the private sector, which will certainly have several meetings with the government to work on the 2021 tax annex. The private sector will have to stand up for the population by getting the government to lower certain claims that will only raise consumer prices. The employers had wished not to register new taxes in the 2021 tax annex. “Mr. Prime Minister, we would like to ask for your involvement in freezing Côte d'Ivoire Metrology's operations pending a review of the agreement and the discussion on agreed rates. Similarly, we request the cessation of all collection procedures initiated decided by the District of Abidjan, whose taxation does not seem to be subject to any legal provisions. Still in this difficult context, with regard to the 2021 tax annex, we request that it not include any new taxation, but, on the other hand, that it correct previous situations that were harmful to certain sectors of activity, and a source of inequity& tax; tax. For example, we are still waiting for the BIC tax rate in the telecom sector to be reduced from 30 to 25%, as for all other sectors.

That the tax on rubber owed by machinists in the Hévéa industry be definitively abolished today. It is also essential that the flat-rate minimum tax, already suspended by the 2020 tax annex, be definitively abolished”, stated Jean Marie-Ackah, president of the General Confederation of Enterprises of Côte d'Ivoire (CGECI), during a meeting with the Prime Minister, Hamed Bakayoko. The private sector must therefore stand its ground and defend the interests of companies to the great satisfaction of the population.

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