NEWS #finances

the Directorate General of Taxes invites all taxpayers subject to Income Tax (IBP) according to the common law regime, to strict compliance with Ministerial Decree No. 014/CAB/MIN/FINANCES/2023 of MAY 16, 2023 which establishes the implementing measures of Article 41 of Law No. 004/2003 of MARCH 13, 2003 reforming tax procedures, as amended and supplemented to date, relating to the certification of annual financial statements summary of companies having to complete the tax declaration on profits and profits.

Article 42 of Finance Law No. 22/078 of December 22, 2022 for the 2023 financial year makes it mandatory to certify the financial statements of companies subject to the common law regime, i.e. whose tax on Profits and Profits correspond to 30% of the tax result.

Dear taxpayers and tax specialists, below are the tax obligations for the month of March 2021 according to the legislation in the Democratic Republic of Congo:

lingete Key Jules, Director General of the General Inspectorate of Finance, wrote to the Head of State on November 6, 2020. In this correspondence, copies of which have been reserved for several high authorities,

The measures relating to customs duties included in this Law modify and supplement Ordinance-Law No. 10/002 of 10 August 2010 on the customs code.

The rates of duties, taxes and fees to be collected at the initiative of the Ministry of Water Resources and Electricity are set in US Dollars,

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.

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.

Digital transformation stimulates innovation, generates productivity gains and improves services while promoting more inclusive and sustainable growth and improved well-being.

After 5 years of a collaborative approach to discussing the issues of wealth gaps, TaxCOOP is broadening its horizons by organizing the World Tax Summit - TaxCOOP2020, from October 13 to 15, 2020.