Democratic Republic of the Congo Tax Changes for 2020

The Democratic Republic of the Congo has reportedly introduced various tax changes for 2020 as part of the Finance Law 2020, which was published in the Official Gazette on 3 January 2020. Some of the main changes include the following:
- The bottom individual income tax bracket rate is increased from 0% to 3%, resulting in the following brackets/rates:
- up to CDF 1,944,000 - 3%
- CDF 1,944,001 - 21…