The Beninese Director General of Taxes Dec. 26 posted online Law No. 2023-01, the 2024 Finance Law. The law includes measures: 1) waiving late payment interest, order costs, and seizure costs for property tax payments made in full from Jan. 1, 2024, through Dec. 31, 2024; 2) providing VAT and customs duties and taxes exemptions for qualifying vehicles and aircraft, including their spare parts, from Jan. 1, 2024, through Dec. 31, 2024; 3) providing various customs benefits and VAT exemption for new four-wheeled vehicles imported, manufactured, or sold from Jan. 1, 2024, through Dec. 31, 2024; 4) providing VAT and ...
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