Consumption taxes

Nature of the tax

Sales tax

Tax rate

13%

Corporate taxes

Tax rate

Capital gains taxation

Capital gains are taxed as ordinary income.

Main allowable deductions and tax credit

Deductions for professional expenses directly related to the acquisition of income, losses, payment to foreign companies.

Double taxation treaties

Countries with whom a double taxation treaty have been signed

See the list proposed by UNCTAD

Withholding taxes

Dividends: 20% (10% in the mining sector), Interests: 20% (0% in the mining sector), Royalties: 14%.

Bilateral agreement

Sources of fiscal information

Tax Authorities

Directorate General of Taxes

Other domestic resources

Customs and Excise Office