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Burkina Faso Tax Amendments for 2020

|Approved Changes|Burkina Faso
Burkina Faso

Burkina Faso has introduced various tax changes for 2020 through the Finance Law for Execution of the 2020 Budget, which was reportedly adopted in parliament on 5 December 2019 and subsequently enacted. The main amendments are summarized as follows:

  • The rule limiting the deduction of royalties paid to related parties for licenses, patents, trademarks, manufacturing processes or formulas, and o…

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