The raise followed the adoption of the new General Tax Code by the country’s National Assembly.
117 MPs from a total of 127, unanimously adopted the new tax code at an ordinary session on Wednesday.
The bill adopted includes a total of 821 articles on direct taxes and similar taxes, indirect taxes and similar taxes.
In addition to these articles, there are others relating to registration and stamp duties, obligations and tax regimes, tax procedures and final provisions.
Before its adoption, the Minister of Economy, Finance and Development, Hadizatou Rosine Coulibaly/Sori explained to MPs, the specificities of the new general tax code.
The special features of the new code, the minister said, include, among other things, its simplicity, the taxation of plastic bags and an increase in tobacco tariff.
According to Mrs. Coulibaly, the increase in the tobacco tax aims to align Burkina Faso with existing norms within the West African Economic and Monetary Union (UEMOA).
She said that in addition to increasing tax resources, this increment was also informed by the health imperative for the population.
"The annual loss of production linked to mortality due to smoking in Burkina Faso, according to the WHO table was estimated at CFA55.8 billion in 2013,” Hadizatou Rosine Coulibaly/Sori concluded.