Chad

The significant developments that occurred in 2022 are mainly:

• Tax amnesty. Taxpayers who spontaneously regularise the taxes, duties and fees that were due before January 1, 2022 are exempted from penalties, fines and interests for late payments as well as from tax reminders. 
• Requirement for all taxpayers to have their tax identification number mentioned in all their documents. 
• Business tax: exemption for new business. Under some conditions, companies subject to the real taxation regime are exempt from business tax during their first year
• Abolition of the VAT exemption on the provisioning of aircraft to foreign destinations;
• Application of the 0% VAT rate on Jet A 1 refuelling operations for aircrafts with a foreign destination and products and sub-products of local agri-food industry (excluding alcohol);
• VAT exemption for interests on bonds  subscribed by non-professionals of the financial sector
• Reduced taxation rate (9%) for textiles and concrete reinforcing bars;
• Tax on transfer of funds.All transfers of funds carried out by by any means or technical recorded support, except for bank transfers and transfers for tax payments;
• Mandatory electronic tax filing for taxpayers;
• Introduction of a certificate of no tax liability;
• New tax incentives for investments at least XAF 100,000,000 in the inland regions;
• Establishment of a system of tax reduction for an investment at least XAF 250,000,000 in some sectors(industry, tourism, energy, water, information and communication technologies, sports, transport);
• Setting up of licensed management centers.