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New General Tax Code to be enacted

|Proposed Changes|Senegal
Senegal

It has been reported that Senegal is undertaking a major reform of its tax system. A new General Tax Code is expected to be enacted by this year-end and will therefore replace the current Tax Code which is in force since 1992.

The most important features of the tax reform include:

-   the standard corporate income tax rate will be increased from 25% to 30%;
-…

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