Senegal

Branches and companies are liable for corporate income tax (CIT) at the rate of 30%.

Corporate tax in Senegal is payable on profits made by businesses operating in the country. Non-residents are generally taxed via the existence of a permanent establishment (PE) on Senegal-source income.

Withholding taxes (WHTs) may also apply to non-residents, as per the services delivered to Senegalese taxpayers, subject to the application of a double tax treaty (DTT).

Minimum CIT

Minimum CIT is payable by companies or legal entities who are loss-making or whose taxable income does not allow them to generate corporate tax exceeding XOF 5 million. A flat rate of 0.5% is applied on the annual turnover. The maximum amount cannot be more than XOF 5 million.

Local income taxes

See the Other taxes section for a description of local taxes based on turnover and property.