The Democratic Republic of the Congo National Assembly (lower house of parliament) is reportedly considering the draft Finance Bill for 2019, which was approved by the government and submitted in October 2018. Tax-related measures of the bill include:
- A reduction in the standard corporate tax rate from 35% to 30%;
- Allowing the minimum tax paid by loss-making companies to be carried forward and deducted in subsequent years;
- New individual employment income tax brackets/rates as follows:
- up to…