loi-n-c2-b02012-31-du-31-decembre-2012-portant-code-general-des-impots-2-79b4aa64a1c8dc51.pdf

Loi n° 2012-31 of December 31, 2012, establishes the General Tax Code (Code général des Impôts) of Senegal. The law aims to modernize the fiscal system by simplifying rules, expanding the tax base, and creating an 'incentive common law' to promote economic growth and improve the business environment. It covers direct taxes (corporate and income tax), indirect taxes (VAT, specific taxes on alcohol, tobacco, and petroleum), registration duties, stamp duties, and land taxes, while detailing administrative procedures for audits, recovery, and disputes.

• A Minimum Flat Tax (Impôt Minimum Forfaitaire - IMF) is applied to companies, calculated at 0.5% of turnover, with a minimum of 500,000 francs and a maximum of 5,000,000 francs.
• The law establishes a progressive income tax (impôt sur le revenu) for individuals, with a marginal rate capped at 40% and a tax-free threshold for net taxable income up to 630,000 francs.
• Value Added Tax (VAT) is established as a general tax on the delivery of goods and provision of services, with specific rules for exporters and companies executing state contracts regarding credit restitution.
• A Tax on Financial Activities (TAF) replaces the Bank Operations Tax (TOB), applying a general rate of 17%, which is reduced to 7% for operations financing exports.
• Specific taxes are levied on various products: alcohol (40% for spirits), tobacco (40% for economic cigarettes, 45% for premium), and petroleum products (e.g., 21,665 FCFA per hectolitre for super fuel).
• The code implements a 'merged formality' (formalité fusionnée) for registration and land publicity for notarized acts published in the Land Register.
• The law introduces a 'Contribution Globale Unique' (CGU) for individuals with an annual turnover not exceeding 50 million francs, combining several taxes into one synthetic payment.
• A specific tax on luxury vehicles is applied to passenger cars with a power of 13 CV or more at a rate of 10%.

APA

Natural Justice (n.d.). loi-n-c2-b02012-31-du-31-decembre-2012-portant-code-general-des-impots-2-79b4aa64a1c8dc51.pdf. https://naturaljustice.org/wp-content/uploads/2022/04/Loi-n%C2%B02012-31-du-31-decembre-2012-portant-Code-General-des-Impots-2.pdf

Chicago

Natural Justice. loi-n-c2-b02012-31-du-31-decembre-2012-portant-code-general-des-impots-2-79b4aa64a1c8dc51.pdf. n.d. https://naturaljustice.org/wp-content/uploads/2022/04/Loi-n%C2%B02012-31-du-31-decembre-2012-portant-Code-General-des-Impots-2.pdf.

Wikipedia

{{cite report |author=Natural Justice |title=loi-n-c2-b02012-31-du-31-decembre-2012-portant-code-general-des-impots-2-79b4aa64a1c8dc51.pdf |url=https://naturaljustice.org/wp-content/uploads/2022/04/Loi-n%C2%B02012-31-du-31-decembre-2012-portant-Code-General-des-Impots-2.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{naturaljusticendloinc2b0201231du31decembre2012portantcodegeneraldesimpots279b4aa64a1c8dc51pdf, author = {{Natural Justice}}, title = {{loi-n-c2-b02012-31-du-31-decembre-2012-portant-code-general-des-impots-2-79b4aa64a1c8dc51.pdf}}, institution = {Natural Justice}, url = {https://naturaljustice.org/wp-content/uploads/2022/04/Loi-n%C2%B02012-31-du-31-decembre-2012-portant-Code-General-des-Impots-2.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }