The Directorate General of Taxes (DGI), on Tuesday, announced that the country would produce its own stamps while new tax stamps, printed in France, will be put into circulation.
The country has a new tax stamp worth 200 CFA francs, after more than two months of shortage following a stock out.
“The new stamp has the national colors, the country’s coat of arms, the monument of national heroes, the QR code and an authentication imprint,” the Director General of Taxes, Daouda Kirakoya explained.
He stressed that the change began with the 200 F CFA stamp and will gradually extend to other quotas whose stocks are still available.
The stamps of 200 FCFA that were printed in Canada will now be produced in France, according to the Directorate General of Taxes.
Mr. Kirakoya said that the objective of the Transition was to have stamps made in Burkina.
It has therefore contacted local printers. “Unfortunately, locally produced stamps are more expensive than those imported,” the DGI said.
“To maintain the current prices, we had to resort to an external provider, particularly in France,” he added.
However, he said that in the one-year framework agreement signed with the provider, it is required to establish in Burkina Faso by December 31, 2023 through a company under national law for the production of stamps on the territory of Burkina Faso.
“The new self-adhesive tax stamps will be produced in Burkina Faso in seven months maximum,” Daouda Kirakoya assured.
The release of the new tax stamps follows a shortage of more than two months, due to a stock out. This has led to an increase in the sale price of stamps at the resellers.
DS/ac/fss/abj/APA