Tax News in congo....Actualités Impôts en rdc

Art. 1. Articles 5, 6, 9 and 20 of Ordinance-Law 89-017 of February 18, 1989 authorizing the revaluation of the fixed assets of companies are amended and supplemented as follows: Non-depreciable fixed assets must be reassessed according to the usefulness that their possession presents for the company on December 31, 1997, at their estimated cost of acquisition or reconstitution as is.

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Art. 1. This ordinance-law is applicable to any company subject to professional contribution, or which is temporarily or definitively exempt from it, whatever its legal form.

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