Benin MOF Posts Draft 2025 Finance Bill

Oct. 7, 2024, 5:00 AM UTC

The Beninese Ministry of Economy and Finance Oct. 2 posted online the draft 2025 finance bill. The draft bill includes measures to: 1) extend the wavers of late payment interest, order costs, and seizure costs for property tax payments made in full, through Dec. 31, 2025; 2) extend the VAT exemption on qualifying vehicles and aircraft, including their spare parts, through Dec. 31, 2025; 3) extend the VAT exemption on containers for compressed or liquefied gas, including their accessories and equipment, imported, manufactured, or sold through Dec. 31, 2025; 4) extend the VAT exemption for small and medium-sized entities (SMEs) ...

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