Corporate Tax
30%
Income Tax
0-43%
VAT Rate
18%
Effective Rate
30%
Overview
Branches and companies are liable for CIT at 30%. Minimum CIT applies to loss-making entities or entities whose taxable income would produce CIT below XOF 5 million: 0.5% of annual turnover, capped at XOF 5 million.
Progressive rates from 0% to 43%. Amounts in XOF.
Tax Calculator
Overview
Branches and companies are liable for CIT at 30%. Minimum CIT applies to loss-making entities or entities whose taxable income would produce CIT below XOF 5 million: 0.5% of annual turnover, capped at XOF 5 million.
Progressive rates from 0% to 43%. Amounts in XOF.
Tax Brackets
0 - 630,0000%
630,000 - 1,500,00020%
1,500,000 - 4,000,00030%
4,000,000 - 8,000,00035%
8,000,000 - 13,500,00037%
13,500,000 - 50,000,00040%
50,000,000 - ∞43%
Compare Countries
See how Senegal compares to other countries