Sierra Leone's Finance Act 2023 was reportedly signed into law on 24 April 2023. One of the key measures of the Act is the introduction of a new minimum alternate tax (MAT) at a rate of 3% on turnover, which is payable if greater than the calculated corporate income tax (CIT). Provisions are also included for a MAT credit that can be carried forward for up to 10 years and offset against CIT in …