APA – Ouagadougou (Burkina Faso) Last June, the transition government adopted new tax measures that come into force on Thursday, to encourage Burkinabè to contribute to the war effort against the jihadists.
From now on, citizens will have to pay additional fees for the purchase of telecommunication products, TV subscriptions, land sales outside allotments and beverages.
Purchasers of telephony services will have to pay a 5 percent tax per transaction. A 10 percent tax will apply to private television subscriptions. A 1-percent fee will be charged for the sale of land outside the allotment before a notary or bailiff.
These measures, which came into force on Thursday July 20, 2023, are an application of law N009-2023/ALT of 24/06/23, instituting a special contribution on the consumption of certain products and services. The law was promulgated by Captain Ibrahim Traore on June 30, 2023.
Economy minister, Aboubakar Nacanabo, has urged companies to pay in full the amounts that will be levied to fund the fight against the jihadist insurgency.
Last April, other taxes were introduced on tobacco, cigarettes, beverages and wines.
The government had also amended the mining code, so that the Mining Fund for Local Development (FMDL) could support the Patriotic Support Fund (FSP).
Faced with an unprecedented security crisis, the military junta is looking for every possible way to raise money to fund its crusade against the jihadists.
SD/ac/fss/abj/APA