Feb. 10 (Bloomberg) -- Ivory Coast plans to impose a 3 percent tax on processing facilities for granulated rubber, the head of the West African nation’s tax authority said.
Telecommunications companies will also pay a new tax, Pascal Abinan, director-general of the country’s Directorate General of Taxes told reporters yesterday in the capital, Abidjan, without giving further details.
The country loses as much as 500 billion CFA francs ($1 billion) a year to fraud and tax evasion, Abinan said. “We’re going to strengthen our tax collection,” he said.
To contact the reporter on this story: Baudelaire Mieu in Abidjan at email@example.com
To contact the editor responsible for this story: Emily Bowers at firstname.lastname@example.org