The Niger Finance Law for 2019 was issued on 17 December 2018. The main measures are summarized below:
- The deduction of payments for overhead costs made to non-resident companies is limited to 20% of their amount (down from 30%);
- The VAT exemption on bond interest and interest on deposits with a term fixed at more than six months is removed;
- A reduced VAT rate of 10% is applied for land transport of passengers and goods; and
- A tax on financial operations is introduced for banks, financial in…