The Republic of the Congo government issued a Decree on 15 April 2020 that provides several relief measures in response to the COVID-19 pandemic. These include the following:
- A reduction of the corporate tax rate for 2020 from 30% to 28%;
- A reduction of the tax rate under the simplified tax regime for 2020 to:
- 5% (from 7%) of turnover exclusive of taxes generally; and
- 8% (from 10%) of the annual gross margin exclusive of taxes for traders whose pricing and margins are government-controlled…