NEWS #finance

In light of new decrees signed on December 7, 2023 and published in the official journal in the special issue of December 14, 2023 relating to the rate of property tax and the tax on rental income as well as the methods of collecting the 'IRL on housing allowances for employees in the city of Kinshasa, we have the advantage of inviting you to a tax morning that the FEC is organizing on January 18, 2024 from 10:00 a.m. to 12:30 p.m. at its headquarters.

The new 3% tax on consumers of electrical energy from the national electricity company (SNEL SA.) in the Democratic Republic of Congo has not yet been implemented on its customers, we have learned Tuesday from an administrative source. “This tax is not yet applicable to domestic customers. It will only concern high-voltage mining customers,” declared Fabrice Lusinde Wa Lusangi, general director of SNEL. For him, this information was only a circular that the national electricity company received from the Electricity Sector Regulatory Authority (ARE).

The National Electricity Company comes in our circular to inform high voltage customers, consumers of electrical energy, of the introduction of the new tax set at 3%, which will apply from the invoice for the month of January 2024 . With reference to the interministerial decree

PROVINCIAL GOVERNMENT CITY OF KINSHASA PROVINCIAL MINISTRY OF FINANCE AND ECONOMY ORDER OF THE PROVINCIAL MINISTER N°015/CAB/MIN. PROV/END. ECO/2023 OF DECEMBER 07, 2023 AMENDING THE ORDER OF THE PROVINCIAL MINISTER No. 016/CAB/MIN.PROV/FIN.ECO/2022 OF OCTOBER 14, 2022 SETTING THE TAX RATES ON RENTAL INCOME……………… …………….………………………………………..5

Comment les taxes environnementales peuvent-elles accroître la durabilité de la croissance économique dans les pays à faible revenu ? Les taxes environnementales peuvent être définies comme toute taxe imposée sur une base dont l’impact négatif sur l’environnement est avéré, par exemple les droits de douane à l’importation sur les matières plastiques, les taxes sur les embouteillages ou les accises sur les engrais. Ils ont été largement promus comme un moyen de réduire les dommages environnementaux tout en augmentant les revenus des pollueurs. Parce qu’ils sont généralement calculés sur des produits et des volumes tangibles, ils sont également souvent considérés comme plus difficiles à éluder que d’autres impôts basés sur des concepts plus abstraits, ce qui en fait des instruments attrayants pour les pays à faible revenu. La taxe environnementale qui a fait le plus l’objet de discussions est sans aucun doute la taxe carbone, qui est prélevée sur la teneur en carbone de différents biens, fortement corrélée à la quantité de combustibles fossiles nécessaires à leur production. Les taxes sur le carbone sont considérées comme un outil essentiel pour réduire les gaz à effet de serre, et leur introduction fait l’objet d’un soutien presque universel dans le monde entier. Cela inclut l’Afrique subsaharienne, avec les Nations Unies, le Fonds monétaire international et l’OCDE qui promeuvent tous leur mise en œuvre dans divers pays de la région à différents moments. La taxation du carbone à la rescousse : mais l’est-elle vraiment ? Cependant, il y a peu de preuves que les gouvernements africains les considèrent comme une priorité nationale. Selon le tableau de bord de la tarification du carbone de la Banque mondiale, seuls le Gabon et le Sénégal envisagent actuellement leur introduction, après l’introduction d’un tel tableau en Afrique du Sud en 2019, qui n’a sans doute pas abouti à grand-chose à ce jour. En soi, ce n’est pas surprenant, car l’Afrique a les émissions par habitant les plus faibles au monde

Article 1: This Order establishes the conditions for being subject to value added tax by option in application of the provisions of Article 14 of Ordinance-Law No. 10/001 of August 20, 2010 establishing the tax on added value, as amended and supplemented to date. Article 2: Legal entities and natural persons whose annual turnover is below the value-added tax liability threshold may opt for the value-added tax regime.

The introduction into the structure of the Congolese tax system of corporate tax and personal income tax calls for the modification of law n°004/2003 of March 13, 2003 relating to tax procedures. These modifications relate particularly to the provisions relating to reporting obligations, the methods of exercising control and the methods of recovery. With regard to reporting obligations, this law introduces a provision concerning: - the declaration of corporate tax and tax on natural persons; - the declaration of withholding tax on personal income in the categories of salary and similar income, income from movable capital and capital gains realized by natural persons;

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UN countries today overwhelmingly adopted a resolution to begin the process of establishing a framework convention on taxes and completely change the way global tax rules are decided. The framework convention could eventually transfer decision-making on global tax rules from the OECD – a small club of rich countries where it has sat for more than 60 years – to the UN. “This is a historic victory won by the countries of the South, for the benefit of people around the world. Tax havens and corporate lobbyists have had too much influence on OECD global tax policy for too long.

The General Directorate of Taxes reminds companies in the mining sector that the payment deadline for the fourth installment in respect of the tax on profits and profits (IBP) for the 2023 financial year occurs no later than this Thursday 30 Number 2023.

In the event of late filing of a declaration, the law provides in its Articles 29 and 30 the following Article 29 Article 89 of Law No. 004/2003 of March 13, 2003 on Reform of tax procedures is amended as follows: "Article 89: When the defaulting debtor regularizes his situation before receiving formal notice to declare and within the time limit set in Article 5 of this Law, only an increase equal to 25% of the amount of tax declared

Specific agreement relating to tax and customs facilities between the Democratic Republic of Congo, represented by Mr. Nicola KAZADI KADIMA NZUJI, Minister of Finance, duly authorized; and the national episcopal conference of Congo, CENCO in acronym duly mandated by the Holy See, represented by its president Monsignor Marcel UTEMBI TAPA