Tax Focus

Mali

By:
Jean-Louis Dattie,
Charles-Alexandre Koffi
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The 2022 fiscal year began in Mali with the entry into force of Law No. 2021-071 of December 23, 2021, on the Finance Law for the year 2022.
Contents

Drafted in the context of political crisis, the tax annex to this finance law contains only six articles. Among the new measures, 

  • An annual flat-rate contribution to be paid by the operators of two-wheeled vehicles used for transporting people or goods has been introduced. This contribution is XOF 18,000 (€28) for machines at least two years old and XOF 15,000 (€22) for machines over two years old. 
  • The contribution to be paid by the operators of three-wheeled machines used for the public transport of goods or persons is reduced. 
  •  Previously exempt from VAT, agricultural equipment is now subject to a reduced rate of 5%. 
  • Accommodation and catering services provided by hotels, restaurants and similar organizations and services provided by organizers of approved tourist circuits are now subject to the reduced VAT rate of 5%. 
  • The creation of a one-stop service for the financial statements, in charge of collecting the annual financial statements of companies operating in Mali and verifying that the financial statements are complete and certified by a chartered accountant before they are sent to the relevant tax authorities.