Burkina Faso published the Finance Law for the 2021 Budget (Law No. 035/2020/AN) in the Official Gazette on 3 December 2020. Some of the main tax measures of the law include the following, which generally apply from 1 January 2021:
- The introduction of a new financial activities tax (Taxe sur les activités financières -TAF) at a rate of 17% on banking and financial transactions, with certain exemptions, and a reduced 15% rate for taxpayers under the normal real income taxation regime and for …