Togo's Budget Law for 2015 has been enacted and includes the following key measures:
- The 3 year limit on loss carry forwards is abolished and losses may be carried forward indefinitely, but a cap is introduced limiting the utilization of loss carryforwards to 50% of profits
- The value added tax registration threshold is increased from 30 million CFA francs in taxable supplies to 50 million CFA francs
- E-filing of tax returns is made obligatory for taxpayers with annual turnover exceeding 50 mi…