Guinea has enacted the Finance Law for 2021 (Law L/2020/0029/AN of 30 December 2020). Some of the main tax-related measures of the law include the following:
- The withholding of advance income tax payment, previously limited to local purchases by taxpayers not registered for VAT, is extended to:
- shipping companies, foreign non-governmental organizations, and cooperation and development agencies;
- subcontractors registered for VAT;
- SIM card and phone credit top-up distributors registered for VA…