Senegal's General Directorate of the Budget has published the draft Finance Bill 2025. The main tax measures include:
- The introduction of new requirements for the issuance, transmission, and receipt of electronic invoices (e-invoices), along with a penalty for failing to comply equal to 25% of the amount of VAT invoiced or that should have been invoiced, subject to a cap of XOF 5 million per invoice;
- The introduction of a 10% withholding tax on payments made by private healthcare institutio…